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The economy of Nepal is a developing category and is largely dependent on agriculture and remittances. [6] Until the mid-20th century Nepal was an isolated pre-industrial society, which entered the modern era in 1951 without schools, hospitals, roads, telecommunications , electric power, industry, or civil service.
Five-Year Plans of Nepal generally strove to increase output and employment; develop the infrastructure; attain economic stability; promote industry, commerce, and international trade; establish administrative and public service institutions to support economic development; and also introduce labor-intensive production techniques to alleviate underemployment.
Of the seven provinces of Nepal, four are considered to have "medium human development" per the Human Development Index, namely Bagmati, Gandaki, Koshi Pradesh, and Lumbini. The other three, which are considered to have "low human development", are Sudurpashchim, Karnali, and Madhesh.
National Planning Commission (NPC) of Nepal is advisory body for formulating development plans and policies of the country under the directives of the National Development Council of the government of Nepal. [1] [2] [3] It is the apex advisory body of the Government of Nepal for formulating a national vision, periodic plans and policies for ...
At least seventeen countries offered bilateral assistance. Under the auspices of World Bank, the Nepal Aid Group was created in 1976. By 1987 sixteen countries and six international agencies participated in the group. The level of commitment from the Nepal Aid Group had increased from Rs1.5 billion in 1976-77 to Rs5.6 billion in 1987-88.
Nepal has more than 50% of people engaged in agriculture. Food grains contributed 76 percent of total crop production in 1988–89. In 1989-90 despite poor weather conditions and a lack of agricultural inputs, particularly fertilizer, there was a production increase of 5 percent.
The incidence of child labour in Nepal is relatively high compared with other countries in South Asia. [11] Nepal enacted the Child Labour Act 1992 and ratified the ILO Conventions no. 138 and 182, making child labour a criminal offence. However, in practice, millions of children are working as child labourers.
Historical population of Nepal Population of Nepali (1960–2010 Nepal Census) The current population of Nepal is 29,164,578 as per the 2021 census. The population growth rate is 0.92% per year. [2] [3] In the 2011 census, Nepal's population was approximately 26 million people with a population growth rate of 1.35% and a median age of 21.6 ...