Sunday, February 10, 2013

Economic Sector



Nepal is a developing country where political instability has cause backwardness  in the development work in economic sectors. Nepal economic development is mainly based on agriculture . More than 70% of people are enaged in the agriculture. Other rest people are based on the  industry, business, tourism and manpower for the country. Besides that Nepal mainly sources of economy is remittance. Many people are outside the country for job employment .Due to lack of proper job empolyment they are forced to go abroad for job purpose. As per  Human Development Index (HDI) done by UNDP, Nepal is at the 157th position . The cause of backwardness in economic condition  is due to  lack of good governance, due to conflict, corruption, lack of skilled manpower and also due to being landlocked country.

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