Analyzing the Growth and Performance of Agriculture Sector in Nepal

Abstract


 Agriculture is the backbone of Nepalese economy but higher poverty, constant trade deficit and erratic inflation rate has led to the shrinkage of agriculture share in the national GDP from 27.59% in last fiscal year to 26.98% in this fiscal year. Agriculture production rate is increasing at an average rate of 2.7% but is expected to grow at 5.1% this year due to the better monsoon. Nepal shares 0.66%, 0.27%,0.22% and 0.4% in global production of rice, wheat, maize and pulses respectively in the year 2018-19. The production of oilseeds has increased to 9.89% in 2018-19 from 4.68% in 2014-15. The minimal increment to 0.36% in 2018-19 from 0.3% in 2008-09 is noticed in case of production of vegetables. The share of Nepal in global production of fruit is only 0.16% in 2018-19 after increment from 0.1% in 2008-09. The share of Nepal in global milk production is very low i.e.0.247% though dairy sector is in prosperous state in Nepal. After adopting different suggestive measures better growth can be attained in the agriculture sector. The agriculture sector is in booming stage with the help of different government policies. An integrated sustainable approach is necessary to increase the income of people involved in agriculture sector.

Traditional cereal-based dishes of the Newari community of Nepal and their preparation process

“…More than 60 % of Nepalese live from agricultural products Growing employment can also contribute to the national economy in GDP (Gross Domestic Production), contributing by 33 % [7]. As per the study by [8], Agriculture is an important part of any nation's economy. Due to increasing poverty, trade diversion, and inflation rate, the share of agriculture in Nepal's GDP has decreased from last fiscal year to this year (from 27.59 % to 26.98 %) respectively.…”

Effectiveness of Public Agriculture Extension Service Delivery in the Context of Local Municipalities, Nepal

“…Agriculture is Nepal's most essential sector for sustaining prosperity and alleviating poverty. Agriculture's share of national GDP (Gross Domestic Product) in 2021 is 26.98 percent, with agriculture growth rate of 2.4 percent (Jha et al, 2021). Nepal's agricultural biodiversity is rich due to its high degree of variety in altitudinal, topographical, and temporal features.…”