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Special Economic Zones (Nepal)
Special Economic Zones is a set of geographic areas inside Nepal that have been allocated to promote and diversify the export based industries. It was conceptualized by Nepal Government in 2013 and laws were formulated in 2016 in the form of Special Economic Zone Act (2016). The laws were subsequently revised in 2019. The industries inside the Special Economic Zones are given various facilities and in return they have to commit to export a minimum of 60% of their production to the foreign market. Background The trade deficit was gradually increasing in Nepal, which is the main reason for setting up the zones. In the eighth five-year plan (1992–97), Nepal formulated policies to reduce the deficit by introduction of various policies that would directly or indirectly help to promote exports and establishment of industries. These policies included environment, investment, transit and logistics, transport and trade facilitation. In 2000 AD, the first zone was established in Bhairahawa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bhairahawa
Siddharthanagar ( ne, सिद्धार्थनगर), formerly and colloquially still called Bhairahawa ( ne, भैरहवा), is a municipality and the administrative headquarter of Rupandehi District in Lumbini Province of Nepal, west of Nepal's capital Kathmandu. It is the closest city to Lumbini, the birthplace of Gautama Buddha, which is located to the west. The city borders the Indian city of Sonauli in Maharajganj district of Uttar Pradesh. Although the current name was first used in 1977, many still refer to it as Bhairahawa. History and etymology The city was founded as ''Bhairahawa'' in 1967. The city's current name ''Siddharthanagar'' derives from Buddha's given name ''Siddhartha'', as the birthplace of Buddha is located only to the west. The name was changed to Siddhartanagar in 1977 by poet Komal Dutta Tiwari. Climate The highest temperature ever recorded in Siddharthanagar was on 7 June 1998, while the lowest temperature ever recorded was on 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bigha
The bigha (also formerly beegah) is a traditional unit of measurement of area of a land, commonly used in India (including Uttarakhand, Haryana, Himachal Pradesh, Punjab, Madhya Pradesh, Uttar Pradesh, Bihar, Jharkhand, West Bengal, Assam, Gujarat and Rajasthan but not in southern states of India), Bangladesh and Nepal. There is no "standard" size of bigha. The size of a ''bigha'' varies considerably from place to place. The size of Bigha is different in different areas.Haryana jamabandi Units of measurements , . Sources have given measurements ranging from , but in several smaller pockets, it can be as high as . Its sub-unit is Biswa (or Bisa) or Katha (or Katta) in many regions. Again there i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Nepal
The economy of Nepal is developing category and largely dependent on agriculture and remittances. An isolated, agrarian society until the mid-20th century, Nepal entered the modern era in 1951 without schools, hospitals, roads, telecommunications, electric power, industry, or civil service. The country has, however, made progress toward sustainable economic growth since the 1950s. The country was opened to economic liberalization, leading to economic growth and improvement in living standards when compared to the past. The biggest challenges faced by the country in achieving higher economic development are the frequent changes in political leadership, as well as corruption. Nepal has used a series of five-year plans in an attempt to make progress in economic development. It completed its ninth economic development plan in 2002; its currency has been made convertible, and 17 state enterprises have been privatised. Foreign aid to Nepal accounts for more than half of the develo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industry In Nepal
Industry may refer to: Economics * Industry (economics), a generally categorized branch of economic activity * Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery * The wider industrial sector of an economy, including manufacturing and production of other intermediate or final goods * The general characteristics and production methods common to an industrial society ** Industrialization, the transformation into an industrial society * Industry classification, a classification of economic organizations and activities Places * Industry, Alabama * Industry, California ** Industry station * Industry, Illinois * Industry, Kansas * Industry, Maine *Industry, Missouri *Industry, New York * Industry, Pennsylvania * Industry, Texas * Industry Bar, a New York City gay bar * Industry-Rock Falls Township, Phelps County, Nebraska Film and television * ''Made in Canada'' (TV series), a Canadian situation comedy series also known as ''The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
