David Seddon
The (Poor) State Of Nepal’s Economy – Re-Visited
It seems likely that the country will fall short, in 2018-2019, of the output target for other farm products. The ministry’s statistics show, for example, that wheat production was 1.94 million tonnes against the target of 2.21 million tonnes. The country will also miss the target for potato production this year. According to the ministry, the country produced 3.08 million tonnes of potatoes, falling below the goal of 3.25 million tonnes. The production of pulses will also fall short of the target of 438,000 tonnes; output so far totals 369,000 tonnes. This is particularly unfortunate, given the importance of pulses in Nepal as a multi-purpose crop, providing a valuable if underestimated contribution to the diets of consumers, acting as both a subsistence crop and a cash crop for domestic and export markets, and also as a source of valuable nutrients for the soil.
By David Seddon Jan 27, 2019
The (Poor) State of the Economy – Re-Visited
The industrial sector had also been considered likely to grow strongly, given the more reliable supply of power and energy provided by the NEA and the grid since 2016. But the initial effect of the improved flow of power and energy was felt in 2016-17, and the delay in the completion of the 456 MW Upper Tamakoshi project, mean that the industrial sector is now unlikely to improve on last year’s performance and exceed last year’s achievement of record 11 per cent of GDP
By David Seddon Jan 07, 2018
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