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The economy of Nepal is chiefly based
on agriculture. Most of the peoples are employed in this
field. After 1950 Nepal gained its importance as perfect
and safe destination for people with the interest in
traveling, adventure and other activities of their
choice. The snowcapped mountains of Nepal Himalayas have
inspired many peoples to come up to to this country for
mountaineering expeditions. Thus we can say that the
life of the peoples now more depends on tourism
industry. With the introduction of the tourism, the
production of the garments, crafts, carpets and other
things introduced in the market of other continent and
the export of those things help to maintain the poor
economy. The development expenditure is largely drawn
from the funds of Developed countries. It has increased
the capacity of GDP and inflation after the arrival of
Democracy though the presently disturbed political
situation affects its economic condition. |
