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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.
There have been 13 since 2008, when Nepal became a republic and a 239-year monarchy was abolished. Dahal, 69, a former Maoist rebel chief, has changed allies thrice since becoming prime minister ...
Nepal’s Prime Minister Pushpa Kamal Dahal was in talks with two opposition parties to form a new coalition on Monday, citing difficulties with his present ally, the centrist Nepali Congress ...
The 2015 India Blockade of Nepal, which began on 23 September 2015 and lasted about six months, was an economic and humanitarian crisis that severely affected Nepal and its economy. Nepal has accused India of imposing an undeclared blockade [ 1 ] triggered by Indian concern about changes to the Nepali constitution, violent ethnic conflict, and ...
Nepal is a country enclosed by land, situated between China and India. It has a total area of 148,006.67 square kilometers and a population of 29.16 million. [1] It has a small economy, with a GDP of $42 billion in 2024, amounting to about 1% of South Asia and 0.04% of the World's GDP.
Nepal was a monarchy for centuries until 2008, when King Gyanendra was overthrown by a pro-democracy movement. Protesters calling themselves the "Citizens' Campaign" claim that the administrations in power since the monarchy was overthrown as a condition of an agreement that put an end to a Maoist insurgency have fallen short of their promises ...
The foundation of relations between India and Nepal was laid with the Indo-Nepalese friendship Treaty in 1950. In the 1950s, the Rana rulers of the Kingdom of Nepal welcomed close relations with the newly independent India, fearing a China-backed communist overthrow of their autocratic regime after the success of Communist revolution in China and establishment of CCP government on October 1, 1949.
Nepal has been a recipient of foreign assistance since 1952 when it joined the Colombo Plan for Cooperative, Economic, and Social Development in Asia and the Pacific. The plan was established, under a slightly different name, by the Commonwealth of Nations in 1951. During the 1950s, many Nepalese received scholarships through the Colombo Plan ...