The Economic Survey does not envisage Nepal’s transition towards fiscal decentralization and a federal structure.
In FY 2014-15 the sector witnessed a 0.8% growth whereas the projection for FY 2015-16 stands at 1.3%.
A mixture of pessimism and hopefulness defined the mood of hotel and restaurant operators, transporters, travel agents, local businesses and residents of Pokhara.
Given the prevalence of distressing economic turmoil in current times, the ease of doing business has plummeted down to the lowest.