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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.
Despite poor HPI numbers, levels of inequality across Nepal appear to be decreasing over time, according to the 2014 Human Rights Report for Nepal. [7] However, Bhattarai (2012) claims that the number of people in poverty is rising, and according to Bhusal (2012), 80% of Nepalis have seen their quality of life go down within the last 15 years.
Transparency International's 2023 Corruption Perceptions Index, which scored 180 countries on a scale from 0 ("highly corrupt") to 100 ("very clean"), gave Nepal a score of 35. When ranked by score, Nepal ranked 108th among the 180 countries in the Index, where the country ranked first is perceived to have the most honest public sector. [ 2 ]
Experts have called for better training for pilots in Nepal, with some crashes attributed to poor decision making. Nepal's worst crash in three decades killed 72 people in January 2023 and was ...
Nepal has made significant progress in poverty reduction bringing the population below the international poverty line (US$1.90 per person per day) from 15% in 2010 to just 9.3% in 2018, although vulnerability remains extremely high, with almost 32% of the population living on between US$1.90 and US$3.20 per person per day. [203]
Of this population 2.9% are endemic, meaning they exist in no other country, and 5.6% are threatened. In addition, Nepal is home to at least 6973 species of plants, of which 4.5% are native to the country itself. [8] Not to mention, Nepal's bamboo forests are home to the Red Panda, a threatened species, found very few places in the world. [9]
To alleviate the poverty of the affected people – the main cause of the system – rehabilitation and distribution of land were promised to ex-Kamaiya families. To put action behind the attempts to discuss the land issue with the government, the ex-Kamaiyas started occupying land in Kailali and Bardiya districts in the winter of 2005–06. [ 5 ]
Nepal on the globe Shacks by the river in Kathmandu. Squatting in Nepal occurs when people live on land or in buildings without the valid land ownership certificate (known as a Lal PurJa). The number of squatters has increased rapidly since the 1980s, as a result of factors such as internal migration to Kathmandu and two decades of civil war in ...