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In Nepal, the economy is dominated by agriculture. In the late 1980s, it was the livelihood for more than 90% of the population, although only approximately 20% of the total land area was cultivable, it accounted for, on average, about 60% of the GDP and approximately 75% of exports. Since the formulation of the Fifth Five-Year Plan (1975–80), agriculture has been the highest priority because economic growth was dependent on both increasing the productivity of existing crops and diversifying the agricultural base for use as industrial inputs.

Terraced farming on the foothills of the Himalayas is a common sight in many of the villages in Nepal

Nepalese women planting rice

Cultivation in the Kathmandu Valley

According to the World Bank, agriculture is the main source of food, income, and employment for the majority.It provides about 33% of the gross domestic product (GDP)

In trying to increase agricultural production and diversify the agricultural base, the government focused on irrigation, the use of fertilizers and insecticides, the introduction of new implements

michell96

The economy of Nepal is mainly based on agriculture.

Nepal is an Asian country located on the Indian subcontinent. It is characterized because much of its territory is in the Himalayan mountain range.

  • Agriculture is the main economic activity in Nepal for many years, recent studies reveal that:
  • Agriculture provides labor and food sustenance for more than 80% of the population.
  • Agriculture constitutes about 41% of the Gross National Product.
  • Agriculture provides about 37% of GDP.

According to the above, agriculture provides half or more of the GNP and a third of the GDP, which is why it can be considered the most important economic activity in Nepal. Additionally, economic activities such as industry, commerce, and services do not exceed the economic contributions provided by agriculture.

Learn more in: https://brainly.com/question/20534381

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