Utilization and Conservation Of Medicinal and Aromatic Plants: A Case Study from Mwdr, Nepal

Abstract

Mid Western Development Region (MWDR), a part of Nepali Himalayas, the globally significant and biologically diverse ecosystems, is remarkably rich in medicinal and aromatic plants, and other non-timber forest products (NTFPs). Government recorded data shows that about 700 species of herbal shrubs and NTFPs are found in the region and they are very important natural resources for human beings and for environmental balance. However, these vital and life supporting plants are in threats from deforestation, degradation, overuse and misuse. Unsustainable harvesting, improper storing, unfair trading, common property mismanagement, and policy environments have combined caused such valuable plants to vanish rapidly. The present paper based on empirical evidences points out that without people's participation in resource development, conservation and management it is difficult to enhance the production of locally available resources on one hand, and not possible to reduce the rate of poverty and environmental deterioration on the other. Moreover, the findings of the study emphasize on the need of integrated conservation and development activities through watershed management in order to promote the sustainable livelihoods of people in the region.

Role of Accounting Information in Decision Making in Co-Operative in Kirtipur Municipality, Kathmandu

“…If a specific accounting concept negatively impacts management decisions, it can be due to incorrect information adoption or uncertified accountants providing incorrect information. Understanding the importance of accounting data in corporate organizations and its influence on strategic decision-making is essential for achieving success (Neupane, 2021;Pokhrel, 1998;Ramkishen, 2009;Paudel, 2022b;Paudel, 2022. )…”

“…The Bakhanpur Saving and Credit Cooperative, along with 17 other companies, is considered the first modern cooperative in Nepal. However, Nepal's first cooperative, the Land Mortgage Bank and Cooperative Society, was shut down in 2005 (Pokhrel, 1998;Ramkishen, 2009;Paudel, 2022b;Paudel, 2022).…”