Health in 2030
Nepal’s health sector is at crossroads now with the future looking cloudy at best. With public hospitals mostly in sorry state due to rampant political interference and mismanagement, the health sector is now dominated by exorbitantly costly private hospitals catering to the bulk of a largely destitute populace. With failure to teach evidence-based medicine at medical schools and to adopt a culture of healthy research among practitioners, we have been left behind even among sour South Asian neighbors. The blatant and anarchic commercialization of medical education is compromising quality of health care services in general. Read more
Education in 2030
In just over two decades, Nepal has made significant strides in improving access to education. The new constitution of Nepal has guaranteed right to universal free school education. Furthermore, the management of education system is distributed among local, state and central governments, wherein school-level education will come under the purview of the local government. Read more
Real Estate in 2030
Global studies indicate rapid urbanization and mushrooming of urban canters along with migration from villages to cities. With increased road connectivity the tendency of inaccessible areas, to areas with better access to social services like health, education and economic opportunities. Nepal will have close to 33 million people with demographics skewed towards the young. 70% of the population will be under 30 years of age which means increased mobility towards urban centers. While technology will make remote working easier, people will still like to gravitate towards cities. Read more
Transformation of the ICT Sector by 2030
Nepal is at the nascent stage of an ICT revolution - with very high mobile penetration which is going to play a key role by 2030. ICT will touch each and every Nepali, city dwellers as well as poor farmer in the village by 2030. Internet of things (IOT) will play a key role in transformation as every Nepali will have access to Internet via mobile phone; internet will be fast, reliable and readily accessible, and IOT and few smart cities will be a reality. “Talent is distributed equally but not opportunity” but by 2030 ICT will enable every Nepali to grab the local/global opportunities. Read more
Nepal’s Infrastructure 2030 – What’s Achievable and How?
In envisioning Nepal’s infrastructure 2030, we may first think what is achievable. Assuming per capita GDP reaching $1,800 and public capital spending growing from 5% of GDP (now) to 10%, Nepal will have $55 billion invested in infrastructure by 2030. With this, Nepal can have 10,000 MW generation, and modern transmission and distribution systems (costing $25 billion but 50% plus can be privately funded) Read more
Nepal’s Power Sector in 2030
The Nepali power sector has been beset by challenges since the early 1990s; initially with the unfinished reform begun by the Electricity Act, 1992 which created an ineffective hydro-project licensing regime. Beginning 1996, the demand of electricity started to increase in an unprecedented trend as people migrated into Kathmandu. Political instability, slow decision-making and a breakdown of corporate governance slumped investment, resulting in up to 18 hours daily power outages. In response to power shortages, public and private sectors have responded by investing in generation and transmission projects. But instead of just responding to crises, Nepal has the potential to leapfrog into an electric economy by 2030 if a few basic sector reforms are initiated and programs already on paper are implemented. Read more