Nepal, a landlocked country nestled between two giants, India, and China, boasts breathtaking natural beauty and immense potential. Yet, the path to development presents unique challenges. Here, we explore some key areas that can propel Nepal towards a brighter future: 1. Education: The Cornerstone of Progress A well-educated population is the backbone of any thriving nation. Investing in education, particularly in STEM fields (Science, Technology, Engineering, and Mathematics), equips Nepali youth […]
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Nepal has made commendable strides in reducing poverty over the past few decades, as evidenced by the decline in poverty headcount figures from 41.76% in 1995-96 to 20.27% in 2022-23 as evidenced by the table below. Poverty headcount, First Survey 1995-96 to Fourth Survey 2022-23 Region 1995-96 2003-04 2010-11 2022-23 Nepal 41.76 30.85 25.16 20.27 Urban 21.55 9.55 15.46 18.34 Rural 43.27 34.62 27.43 24.66 Source: Nepal Living Standard Survey […]