Share of expenditure in agriculture and agriculture growth rate in Nepal The secondary data analysis provided by Ministry of Agricultural Development (MoAD), Ministry of Finance (MoF) and Central Bureau of Statistics (CBS) over 13 years (2002/03-2013/14) shows that share of expenditure in agriculture and agriculture growth rate goes in same direction. The annual growth rate of agriculture sector in FY 2007/08 (2064/65 BS) was decade highest reaching 5.8 percent while it was just 1.0 percent in its preceding year FY 2006/07. One of my study on government expenditure in agriculture (MoAD) and its contribution showed that it is significant to contribute national economy. In spite of the government's priority to this agriculture sector, budget allocation is not sufficient enough to address the ever increasing demand of farmers. The major share of budget is allocated in recurrent activities and lesser to the capital formations. Fertilizer subsidy has consumed more than 25 percent
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CONTRIBUTION OF AGRICULTURE SECTOR TO NATIONAL ECONOMY IN NEPAL Abstract: Agriculture is the mainstay of majority of Nepalese people which provides employment, foods and shelter. However, the investment in agriculture in not encouraging, received around 3 percent of total government outlays during 2002 to 2014. In the study, Gross Domestic Product was regressed with Domestic Savings, Government Expenditure on Agriculture and Foreign Direct Investment on Agriculture with the data from FY 2002/03 to 2014/15. The Regression analysis showed that the contribution of Government Expenditure on Agriculture to Gross Domestic Product was found highly significant whereas the Domestic Savings and Foreign Direct Investment on Agriculture were found insignificant. Similarly, the compound annual growth rate of Government’s budget allocation to Ministry of Agricultural development was higher than that of the total national budget. In sum, the study concluded that the Government Expenditure on
A short note on Agriculture and Land issues: Santosh Adhikari, Sujan Dhungel, Diwas Raj Bista Agriculture in developing and developed world ¨ Developed, Developing and Least Developed countries ¨ Basis- HDI, GDP, GNP.... ¨ Nepal's Target to graduate to Developing country by 2022 ¨ Three targets and standards- Per capita GNI, EVI and HAI ¨ GNI-$1242, EVI<32, HAI>66 (how it is calculated?) Features Developed Developing Resources Capital Intensive labor intensive Tools Heavy equipments small and medium tools Technology Advanced and research based- HEIA traditional and experience based- LEISA scale of production huge- commercial small- subsistence size of farm large and consolidated small and fragmented Productivity Highly productive less productive Facilities Roads, electricity, loan, irrigation, ma