A Plan for Returnees from Foreign Employment in Nepal
The economy of Nepal has been running on a single leg of remittance for the last three decades. It lost 145 billion rupee remittance this year. The future is also not looking good caused by COVID-19 pandemics. Nepal must choose to call back youths in foreign employment . It would be a big game-changer for the country. In 1980 around 90 percent of people were dependent on agriculture and the Nepali economy was stood on the base of agriculture, and was a major contributor to the economy. Only about 20 percent of the total arable land was in use at that time. The agricultural sector was contributing about 60 percent in GDP and 75 percent in export. It is a short economic glimpse of four decades ago of Nepal four decades ago. The contribution of agriculture in GDP is decreased to 30 percent in the past forty years. In the forty years, the scene of the Nepali economy has changed completely....