Legatum Prosperity Index (LPI), 2021 is an annual report that measures global prosperity under three domains – Inclusive Societies; Open Economies; and, Empowered People. Nepal has ranked 114th out of 167 countries in the LPI 2021.
Nepal’s government expenditure has increased by 10 percentage points in the last decade.
Nepal will have to aggressively implement its newly formulated National Distribution Plan to augment the existing electricity distribution system, widely install smart meters.
The need for a GRID model is ever-growing, especially for the recovery of the private sector.
The two main enablers will be an adequate and reliable electricity supply and a well-functioning supply chain for electric cooking appliances.