Public Enterprise 

Public Enterprise is an enterprise under government control. More than half of the total share of a public enterprise is owned by the government and effectively managed by the government. Objective of public enterprises         1.      To improve economic activities.         2.      To provide goods and services to the […]

Problems of tourism industry 

1.      Lack of transportation and communication: Nepal is economically poor country. Nepal has not been able to provide transportation and communication facilities in all sectors. So, tourists who visit Nepal cannot get a chance to observe all parts of Nepal. 2.      Lack of trained tourism manpower: Tourism industry needs trained and untrained manpower. Trained manpower […]

Prospects of Tourism Industry 

1.      Natural beauty Nepal is a country full of natural beauty. Fast flowing river, evergreen hills, snow capped mountains etc makes Nepal look attractive and majestic. Yearly thousands of tourists visit Nepal to have glance over her magnificent beauty. 2.      Religious places Nepal is the destiny per Hindus. The greatest and the biggest temple of […]

Importance of Tourism Industry 

1.      Sources of foreign exchange earnings Tourism industry is the main influential type of industry in the world. Nepal has also taken tourism industry as its major sector of income in the fiscal year 2009/11. 2.      Employment Opportunities Tourism industry is also one of the influential sectors. It generates employment opportunities. It provides employment to […]

Introduction to Tourism Industry 

Tourism Related Information, 2010 Tourist arrival in number 6,02,867 Foreign exchange earning 28,139 million Number of tourist by purpose of visit Purposes Percentage Trekking and Mountaineering 10.46% Pilgrimage 11.65% Business 3.55% Official 4.37% Meeting / Seminar 16.81% Rafting 0.12% Others 51.44% Total Contribution in Gross Domestic Product (GDP) 24% Direct Employment = 110000 Source: Economic […]

Problems of Medium and Large scale Industries 

1.      Lack of capital For the establishment of medium and large scale industries huge amount of capital is required which is very difficult to be formed in the context of Nepal. So, lack of capital is the problem of medium and large scale industries. 2.      Lack of infrastructure Infrastructures such as transportation, communication and electricity […]

Role of Medium and Large Scale Industries 

1.  Development of medium and large scale industries help to remove the problem of unemployment by creating wide range of unemployment by creating wide range of employment opportunities to unskilled, semi-skilled and skilled human resource. 2.     Proper utilization of resources Medium and large scale industries are necessary for the scientific utilization of available natural resources such […]

Problem of cottage and small scale industry 

1.      Lack of rural infrastructure Nepal’s rural area is sympathies and have no infrastructure life is extremely difficult and hard to earn livelihood. To run a industry, infrastructure is essential but Nepal lacks infrastructure. 2.      Lack of skilled manpower Nepal does not have sufficient manpower basically skilled one Brain drain is the main problem of […]

Role of cottage and small scale industries 

1.      Employment opportunities Cottage and small industries provide employment to every sort to skilled people (skilled, semi-skilled and unskilled). It provides alternative job opportunities. 2.      Utilization of local resources Cottage and small scale industries are established in rural area by some local people. So, this type of industry uses the local resource available in that area. 3.      Source […]

Introduction to Industry 

Industry is a group of a firm such as sole trading, partnership, joint stock etc. Types of industries Fixed capital investment Cottage industry In small amount Small scale industry Fixed up to – Rs 10 million Medium scale industry Fixed between Rs 10 – 50 million Large scale industry Fixed more than Rs 50 million