May 202014
 


Overall development of our country depends upon agriculture and rural sector infrastructure development. Rural sector development, in turn, depends on agriculture, and various kinds of industries, businesses and employment opportunities. Productivity of agriculture and industry is the combined result of technology being used or to be used, complimentary inputs such as irrigation, fertilizer, supply of raw materials and marketing and easy access to rural credit.

Though there were various programs operating in the past for agriculture and rural development, expected increase in production could not be realized. It is, therefore, necessary to increase the access of people to agriculture and rural credit by removing the constraints faced in the past.

Review of achievement in the Tenth Plan

Under the Plan, it was envisaged to mobilize all the banks and financial institutions involved in rural credit under a single coordinated system with the Agricultural Development Bank playing the lead role in providing agriculture credit. It was also intended that commercial banks and other development banks would be mobilized, for their participation in such credit operations. The Plan also envisaged women and the unemployed youth to use credit facilities. Besides, mobilization of Rural Self Reliance Fund (RSRF) with added long-term capital provision was expected to enable the deprived people’s access to micro finance, extending credit coverage to the maximum in rural areas through micro-finance institutions by reforming institutional structure. The program list also included gradual privatization of rural development banks, and the Nepal Rastra Bank to monitor the progress of the rural credit target.

During the Plan period, supply of agriculture’s target was by 5.5%, including credit supplied by the cooperatives. If cooperatives are excluded, the credit supply was 0.1% less than the target. Deprived sector credit ratio of 3% enforced as mandatory for the commercial banks also included credit made available to the individuals of this class going for overseas employment. Besides, the wholesale credit to the Nepal Rastra Bank licensed cooperatives and Rural Micro Finance Development Center (RMDC) and their deposits were also counted towards meeting the said mandatory credit ratio. Continue reading »

Tourism Policy of the Government of Nepal

 General, Travel and Tourism  Comments Off on Tourism Policy of the Government of Nepal
May 192014
 


Nepal, rich in unique cultural and natural heritage, is one of the leading countries in the world from the viewpoint of tourism heritage. Known for the coexistence of different castes and races, religions, languages, literature and culture, Nepal is an example of art, culture and religious harmony. On one hand, by preserving the country’s tangible and intangible archeological heritage; dances, music and festive processions; and costumes, languages and culture on the basis of democratic sentiment, and with the promotion of Nepalese culture and civilization in the world there is an immense opportunity of developing tourism sites, and preserving and conserving cultural sites. On the other hand, growth of tourism industry contributes to the earning of foreign currency, increase in employment, and overall economic prosperity.

Moreover, through the promotion of tourism industry, global friendship can also be enhanced. By developing and expanding the tourism industry to the rural level with intensive and coordinated community tourism, balanced and inclusive development can be achieved and it is probable that this can contribute immensely in poverty alleviation. Due to the country’s geographical structure and inadequate facility of alternate modes of transportation, it is vital to make air transportation affordable, safe, reliable and systematic, and thereby achieving a considerable increase in the number of domestic and foreign tourists.

Review of the Current Situation of Tourism

Focusing on potential markets such as India and China, tourism promotion activities have been carried out also in other countries in the region such as Japan, Singapore, Malaysia, Thailand and Bangladesh. In order to integrate programs by determining tourism centers, tourism hubs have been selected by Nepal Tourism Board. By organizing international meetings and seminars to publicize tourism and the cultural heritages of Nepal, as well as by conducting awareness programs for diversification of the tourism industry, the Destination Nepal Campaign (2002-2003) has been concluded. In order to place Nepal as a remarkable destination in the international tourism map, the task of branding, through the slogan “Naturally Nepal: Once is Not enough” has been completed. Nepal Tourism Year 2011 has also been completed with a grand success. Through these initiatives, and by revealing the unique natural beauty of Nepal in the international market, the task of introducing Nepal as a major destination has been successful.

In order to make a significant contribution towards the national goal of poverty alleviation, and to achieve a sustainable development in tourism, the Tourism for Rural Poverty Alleviation Program (TRPAP) has been successfully completed as a pilot project in 6 districts. This program targets the poor and backward castes and women, Construction of an Integrated Tourism Master Plan with the aim of providing directives to the tourism sector, and the task of making timely improvement and modification in the tourism policy, is nearing completion.

With the objective of producing human resources of international standard, courses in Bachelors in Hotel Management and Bachelors in Travel and Tourism Management, are being offered by the Nepal Academy of Tourism and Hotel Management. Likewise, Mountain Academy Nepal, of international standard, has been established. In order to manage mountaineering tourism, the waste management system has been made mandatory for all mountains that have been opened for mountaineering. To make the tourism sector professional and attractive, golden jubilee celebration of the first conquest of Mount Everest and other mountains of more than 8000m height, have been concluded. Plans of waiving royalty for peaks in the Far Western region and other regions, and royalty for other mountains under mountaineering practice, are being reviewed.

During the Tenth Plan period, Continue reading »