Thursday, December 15, 2011

How is Nepal


About Nepal

                              In the Global Map Nepal is located in South Asia and shares territorial borders with India and China. Previously ruled as a kingdom, today it is a Federal Democratic Republic of Nepal,. Nepal is known for its exquisite natural beauty, is a landlocked sovereign state located in South Asia. It is located in the Himalaya and bordered to the north by the People's Republic of China and to the south, east, and west by the Republic of china With an area of 147,181 square kilometers (56,827 sq mi) and a population of approximately 30 million, Nepal is the world's 93rd largest country by land mass and the 41st most populous country. Kathmandu is the nation's capital and the country's largest metropolis.
Nepal has a rich geography. The mountainous north has eight of the world's ten tallest mountains, including the highest point on Earth, Mount Everest called Sagarmatha in Nepali. It contains more than 240 peaks over 20,000 ft (6,096 m) above sea level.The fertile and humid south is heavily urbanized.
By some measures, Hinduism is practiced by a larger majority of people in Nepal than in any other nation. Buddhism though a minority faith in the country, is linked historically with Nepal. Many Nepali do not distinguish between Hinduism and Buddhism and follow both religious traditions. There are three different Buddhist traditions: Himalayan Buddhism, Buddhism of Kathmandu Valley (mostly Mahayana and Vajrayana), and also the Theravada Buddhism.
with the iconic Himalayas running across the northern and western part of the country. Eight of the fourteen highest mountains in the world, including Mount Everest, reside within the country's borders. Although Nepal is a relatively small country in comparison with its neighbors, it has an astonishingly diverse landscape, from the rugged Himalayas in the north along the High hills carrying middle class weather to the humid Terai plains in the south.It means to be all kinds of climates can get in Nepal.

Geography
                            Nepal is of roughly trapezoidal shape, 800 kilometers (497 mi) long and 200 kilometers (124 mi) wide, with an area of 147,181 km2 (56,827 sq mi). See List of territories by size for the comparative size of Nepal. It lies between latitudes 26and 31', and longitudes 80'and 89'.
Nepal is commonly divided into three physio-graphic areas: Mountain, Hill and Terai These ecological belts run east-west and are vertically intersected by Nepal's major, north to south flowing river systems.
The southern lowland plains or Terai bordering India are part of the northern rim of the Indo-Gangetic plains. They were formed and are fed by three major Himalayan rivers: the Koshi the Narayani, and the Karnali as well as smaller rivers rising below the permanent snowline. This region has a subtropical to tropical climate. The outermost range of foothills called Shiwalik or Churia Range cresting at 700 to 1,000 metres (2,297 to 3,281 ft) marks the limit of the Gangetic Plain, however broad, low valleys called Inner Terai (Bhitri Mdesh or Uptyaka) lie north of these foothills in several places.

Economy
                Nepal's gross domestic product (GDP) for 2008 was estimated at over $12 billion (adjusted to Nominal GDP), making it the 115th-largest economy in the world. Agriculture accounts for about 40% of Nepal's GDP, services comprise 41% and industry 22%. Agriculture employs 76% of the workforce, services 18% and manufacturing/craft-based industry 6%. Agricultural produce – mostly grown in the Terai region bordering India – includes tea, rice, corn, wheat, sugarcane, root of crops, milk, and water buffalo meat. Industry mainly involves the processing of agricultural produce, including Jute, sugarcane, tobacco, and grain.
A long-standing economic agreement underpins a close relationship with India. The country receives foreign aid from India, Japan, the UK, the US, the EU, China, Switzerland, and Scandinavian countries. Poverty is acute; per-capita income is around $1,000.The distribution of wealth among the Nepalis is consistent with that in many developed and developing countries: the highest 10% of households control 39.1% of the national wealth and the lowest 10% control only 2.6%.
The government's budget is about $1.153 billion, with expenditure of $1.789 billion (FY05/06). The Nepalese Rupees has been tied to the Indian Rupee at an exchange rate of 1.6 for many years. Since the loosening of exchange rate controls in the early 1990s, the black market for foreign exchange has all but disappeared. The inflation rate has dropped to 2.9% after a period of higher inflation during the 1990s.
Nepal's exports of mainly carpets, clothing, leather goods, Jute goods and grain total $822 million. Import commodities of mainly gold, machinery and equipment, petroleum products and fertilizer total US$2 billion. India (53.7%), the US (17.4%), and Germany (7.1%) are its main export partners. Nepal's import partners include India (47.5%), the United Arab Emirates (11.2%), China (10.7%), Saudi Arabia (4.9%), and Singapore (4%).

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