After the Gen-z revolution in Nepal, a common comment ‘the old generation is not able to build the nation, so the new generation should come to power’ was being disseminated. The same idea is being translated into the bureaucracy specifically in civil service. In that context, the Federal Civil Service Bill is being drafted and … Read more
The meaning, types, cycle, and history of the budget are already discussed in a separate article. In this article, the budget formulation process is discussed with reference to Nepal. This article is useful for those who are studying in class 12, preparing for the Loksewa exams, and students of economics. The steps of budget formulation … Read more
This article aims to provide a brief understanding of the budget and government budget. At first, the origin and history of the budget from the global and Nepalese perspectives are discussed, then the types of budget are mentioned in detail. Finally, the general budget cycle is discussed. Meaning of Budget The English term Budget is … Read more
In this article, the key highlights of Nepal census 2021 (2078) have been presented. In Nepal, national census is conducted every 10 years. Data collection had been completed in 2021 but the detailed report published later in 2023 because of election and other issues. If you are searching for Nepal census results 2021, or Nepal … Read more
This article discusses the definition of economics given by different economists like Adam Smith, Alfred Marshall, and Lionel Robbins. The term Economics is derived from the Greek word Oikonomik which refers to ‘household management’. The concept of economics was brought in the earlier period by Aristotle, and the Indian philosopher Kautilya in 400 BC (Approximately), … Read more
After the adaptation of globalization and liberalization in 1990 AD, the journey of industrial development has been started in Nepal. In 2049, foreign direct investment and technology transfer has been opened up in order to attract investment and technology in the Nepalese Industrial Sector. But the history of industry in Nepal has been begun in … Read more
The industry sector is the main pillar of economic development in Nepal because rapid industrialization supports economic growth. After the internalization of globalization and liberalization in Nepal, the industry sector is prioritized in most of the Nepalese policies but the expected outcomes have not resulted yet. This article discusses the importance and problems of industry … Read more
The agricultural sector has a 27% contribution to the GDP of the Nepalese economy. The livelihoods of 60.4% of the population are associated with agriculture as their major profession. This shows that agriculture has been the backbone of Nepal’s economy. However, agriculture sector in Nepal has been facing problems these days. Therefore, let’s identify the … Read more
Climate change has become a serious concern for global leaders, environmentalists, and other citizens. Despite many international actions that have been already taken to prevent climate change, the expected results have not been achieved yet. In this article, first, we briefly discuss the meaning and impact of climate change. Then we analyze the importance of … Read more