Gokarna Awasthi Business Bureau Chief, Kantipur Daily

 Total GDP- Around 1700 billion  Agriculuture- 35%  Services- 50%  Manufacturing- 7%  Others- 8% Structure of the Economy

 GDP Growth Rate- 3.6 %  Inflation- 10 %  Unemployment rate- 4%  Investment- Around 30% of GDP  Consumption- 90% of GDP  Debt- 14 thousand per person (266b f d)

 Income and expenditure framework of the government in a particular fiscal year.  Eco-political document of the ruling party

 Total Budget- 517 billion  Capital Expenditure - 85 bn.  Re- Current- 353 bn.  Financing- 78 bn  Revenue Target- 354 bn.  Foreign Grant- 69 bn.  Deficit- 87 bn. Budget Current fiscal year

  2061/ / / / /66  Tar. Ach. Tar. Ach Tar Ach Tar. Ach. Tar. Ach.  Growth  Inflation  Dev. E. 31b25b36b 29b 45b 39b 55b 53b 91b 60b 

 2066/ / / /70  Tar. Ach. Tar. Ach Tar Ach Tar. Ach.  Growth  Inflation  Dev. E. 106b 80b 129b 108b 72b 60b 51b 45b 

 Total export-77 billion (FY 2012/2013)  Total export- 52 bn. (First 7 months)  Total import billion (FY 2012/2013)  Total Import- 392 bn. ( First 7 months)  Trade Deficit- 479 bn. (FY 2012/2013)  Trade Deficit – 339 bn. ( First 7 months)  India alone comprises 63 % of total trade

 Growth 1.5%  Insecurity  Labor Dispute  Load Shedding  Strikes & Bandas  Lack of Special economic Zone  Trading Culture

 Foreign Employment  Around 3 million Nepalese working abroad expect India  Around 1400 youths leave Nepal every day for employment  Nepal received Rs. 434 billion Remittance last year  90 percent works in Malaysia, UAE, Quatar and Saudi

 Lack of Skilled Manpower  Workers r working in a vulnerable working environment.  Passive Economic Diplomacy.  Low salary.

◦ Around 800 thousands tourist arrival ◦ Significat growth in 2010 ◦ 2011 visit Nepal year ◦ Lack of connectivity –NAC ◦ Strikes and bandas ◦ Lack of Skilled Manpower

 Around 70 percent Nepalese engaged  32 percent of GDp  Livelihood production process  Lack of Market  Lack of transportation system  Irrigation -60 % projects seasonal  Non tariff barriers in export  Technology constraints  450 thousand ton food deficit (Last year)

 Rural Economy ◦ Agriculture- Livelihood ◦ Agro Based Industry- Small Scale, Lack of technology and Market ◦ Tourism- Government’s Slogan ◦ Poverty- Extreme ◦ NGO’s influence- Non effective ◦ Politically aware

 Urban Economy ◦ Service Sector ◦ Agency Business ◦ Financial intermediaries ◦ Real Estate ◦ Share Market ◦ Tourism ◦ Less value added economic activities ◦ Higher employment then rural areas ◦ Vulnerable informal sector for employee

 Poverty- 23 percent people below poverty line  Lower Growth- Average 3 to 4 Percent  Unemployment- 76 lacs under employed  Lower Savings- Around 90 percent of the incomes spends on consumption  High Inflation- Around10 % Previous year highest in 17 Years

 Happiness of the People  Employment Creation  Increase Investment  Conducive Environment  Security  Strong Government  Political Stability  Political consensus  National Interest

Thank You