Sunday, December 26, 2010 | By: Avinash Kumar Lal

Nepal Poverty Facts

Most Nepalese live on a $1 day or less!Nepal is the poorest country in Asia. Country's 10% of the population takes 50% of the wealth, the bottom 40% takes 10%85% of Nepalese don't have health accessWorld's 48th poorest country is NepalTotal Debt of the country * External $2.55 Billion, about $97 per personNepalese rural people are poor due to lack of access to resources, low-productivity land, roads to obtain agriculture inputs and to sell agriculture produceNepal's many of the social indicators are the lowest in South AsiaNepal's population will be 48 million by 2030Did you know that? Rain is very important to Nepal's economy. Country's 80% of people are into agriculture. Often when there is no rain farmers worship the Lord Indra - the mythical Hindu god of rain.Maoist's bandhs have kept much of Nepal’s countryside paralyzed, causing severe poverty and hardship sourceExtreme Inflation is present in Nepal and price of commodities change from month to month. Nepalese currency is weak, and every change in Dollar value means more inflation. There is no consumer rights and policies that is observed by the Government or Nepalese Law. Price of commodities never falls down!!

0 comments:

Post a Comment