Since our school days, we Nepalese have had known the fact that Nepal is an agricultural country. One of the major parts of our income is generated through the agriculture sector. Nepal's economy is largely dependent on agricultural, which accounts for 36% of GDP and absorbs about two-thirds of the labour market. ... The sector has seen NPR 3.37 billion (USD 338 million) in foreign investment in about 180 agriculture projects, which employ over 7,500 people.
Even though the statistics say otherwise, a major part of the country is still dependent on the imports of agricultural products from our neighbouring countries like India, China, Pakistan, Bangladesh and many more. Is it because, we as a country are not actually an agricultural country and the knowledge we gained in our school was all false, or is it we are ignorant of doing something on our own.
Every year the government subsidies and grant a huge amount of money for the local farmers to encourage them to be involved in agriculture leading to increase the agricultural products. However, despite all the effort from the government officials, we as humans are always into getting compost and fertilizers from abroad.
Some of the common and hugely demanded product is Cocopeat. Despite this being, not compost or fertilizer, the demand for this product is immense. Now, the real question is why are we Nepalese so fascinated with a product that does not do any good to the soil nor the plant we sow. In addition, an addiction to this product is making our economy go deficit because we cannot produce large amounts nor quality products for exports to increase the economy of the country.
At present, Nepal is not operating on our full capacity in the agricultural industry and we are still using traditional means to do the same. With the global world moving slowly towards technological advances, the economic scenario of Nepal seems to have not changed with time.
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