Remittance inflows play a vital role in raising the living standards of the recipient families and reducing the aggregate poverty in Nepal. Remittance received by the targeted households could contribute to reduction in poverty especially in rural areas.
The government entities are actively promoting sustainable transportation practices exemplified by the Nepal Electricity Authority (NEA) and the Nepal Tourism Board, committing to exclusively use EVs for transportation to encourage the public. NEA’s ambitious target of 100% electrification by 2024, aligns with Sustainable Development Goals (SDGs) and is also facilitating an EV-friendly ecosystem and widespread EV adoption.
Women make up more than half of the population in Nepal, making it crucial to achieve gender goals not only at the household level, but in a way that it positively contributes to a resilient and sustainable growth of the country.
Nepal’s economic system has unfortunately been wheeling through a myopic policy-making process driven by political interests limiting economic growth.
The agriculture sector in Nepal has tremendous potential for growth and development. However, it faces multiple challenges, such as land plotting, inadequate infrastructure, limited market access, and lack of modern technology.
