Nepal is a developing country with an agricultural economy. Agriculture is the mainstay of the economy, providing a livelihood for three-fourths of the population and accounting for about one-third of GDP. Industrial activity mainly involves the processing of agricultural products, including pulses, jute, sugarcane, tobacco, and grain. With an estimated 42,000 MW of feasible capacity, Nepal has considerable scope for exploiting its potential in hydro power but political instability hampers foreign investment. Additional challenges to Nepal's growth include its landlocked geographic location, civil strife and labor unrest, and its susceptibility to natural disaster.
Hydropower: It is estimates that Nepal has approximately 42,000 MW of economically feasible hydropower potential. However, the present situation is that Nepal has developed only approximately 600 MW of hydropower.
Tourism: Rated one of the top ten holiday destination by Lonely Planet in 2013, Nepal is considered as one of the most friendly and naturally beautiful country in the world. Possessing 8 of the 10 highest mountains in the world, Nepal is a hotspot destination for mountaineers, rock climbers and people seeking adventures.
Transit Point: Landlocked in between China and India, Nepal has huge potent to exploit its location. Its location at times is its weakness but with diplomatic relationship there is a scope of business opportunity if it could established itself as a Transit point in between the two super powers
Human Resource: Due to low cost human resource in Nepal is very cost effective. In the current trend Nepal has been receiving a lot of outsourcing businesses in IT sector and technology field.
Contemporary Nepal is an aspiration of the fresh blood who believes in making the country move towards the path of development. Looking at the current pretext development process in Nepal was never a challenge but the administration was always a problem. Bad politics, corruption, manipulation etc are some of the hindrance where things are slowly and gradually changing.
The contemporary Nepal believes in the young and fresh energy and leaders who have envisioned and promised to lead Nepal to the next phase of development and prosperity. Contemporary Nepal is not just about problems but it’s about looking at the opportunities to strive back against poverty, hunger, corruption and bad politics. Contemporary Nepal is about you, me everyone associated with Nepal who believes to be lawful citizens of Nepal- in the making of good governance……..