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Tourism plays a vital role in Nepal's economy. Progress has been made in exploiting Nepal's natural resources, tourism, and hydroelectricity. With eight of the world's 10 highest mountain peaks, including Mount Everest at 8,848.86 m. In the early 1990s, one large public sector project and a number of private projects were planned; some have ...
The government of Nepal (GoN) has identified the development of hydropower resources as the path to the country's economic development in the long term. Consequently, GoN has set a target to develop 15 GW in the next ten years and around 40 GW by 2040, which GoN plans to use mainly for domestic load demand and export to neighboring countries ...
Old mine pits, adits, smelting places and other remnants of mine processing are found all over Nepal. Some villages are sometimes named after mineral names such as Taba Khani, Falam Khani, Shisa Khani or Sun Khani. Before 1951 (2007 BS) Nepal was an exporter of iron and copper to Tibet and cobalt to India.
Besides having landlocked, rugged geography, few tangible natural resources and poor infrastructure, the ineffective post-1950 government and the long-running civil war are also factors in stunting the country's economic growth and development.
Deforestation and land degradation appear to affect a far greater proportion of the population and have the worst consequences for economic growth and individuals’ livelihoods. Forest loss has contributed to floods, soil erosion, and stagnant agricultural output. Estimates suggest that from 1966 to 2000 forest cover declined from 45 to 29 ...
NTNC's mission is to conserve nature and natural resources in Nepal while meeting the needs of the people in sustainable way. Geographically, the Trust activities have spread from the sub-tropical plains of Chitwan, Bardia and Kanchanpur in the lowlands to the Annapurna and Manaslu region of the high Himalayas, including the trans-Himalayan region of Upper Mustang and Manang.
The Ministry of Energy, Water Resources and Irrigation (Nepali: ऊर्जा, जलस्रोत तथा सिंचाइ मन्त्रालय) is a governmental body of Nepal that governs the development and implementation of energy including its conservation, regulation and utilization. It furthermore develops operates ...
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.