Historically, Nepal hinges upon the foreign aid for its economic development. Natural resources in our country are not utilized properly for the following reasons: Many places are not yet accessible by road. Forests still occupy about 30 percent of the world’s land area, but they are disappearing at an alarming rate, posing threats to lives, livelihoods, environmental services like drinking water, clean air and timber as well as biodiversity. The lack of education: Being one of the infrastructures of development, the lack of quality education for the people means that there is in turn a lack of skilled manpower in the country. Five-year plans prioritized transportation and communications, but although the results were significant, they remain inadequate. These clubs can initiate awareness programs, bathroom building programs in rural areas, vaccination and health camps, and mobile library programs among others. Economic growth in Nepal remained robust for the third year in a row, reaching 7.1 percent in FY2019. Ltd. INTERNATIONAL UNDERSTANDING, PEACE AND CO-OPERATION, Introduction to Infrastructure of Development. As a developing nation, Nepal has been facing several challenges in the path of economic development. “In the past forests were cleared for agricultural land and pasture and dependence on firewood and timber saw stress on forest areas,” Prabhu Budhathoki, an environmentalist, told the Post. The social, cultural and national feeling becomes stronger from the local level. Infrastructure Development Bank Limited Update: The bank merged into NCC Bank Limited in 2017. While the data for the last fiscal year 2019-20 is not available, the Ministry of Forests and Environment has given nearly 300 hectares of forests for development projects this fiscal year, according spokesman Prakash Lamsal. The infrastructures of development and their related aspects are listed below: Education : Educational institutions like schools, colleges, universities, vocational training centers etc. Lack of proper policy making and political instability: Policies in Nepal are either made too late, they are changed a lot or are not made at all. According to the FAO’ State of the World Forest Report 2020, agricultural expansion continues to be the main driver of deforestation and forest degradation and the associated loss of forest biodiversity. “Not only development projects like highways and railways but allotment of forests areas to the landless also costs forest cover, which is not merely space with trees but also part of the existing ecosystem,” said Vijay Singh Danuwar, another environmentalist. According to the World Bank, approximately 10 million sq km of forest cover has been lost since the beginning of the 20th century. 7. It is the 1st Infrastructure Bank of Nepal and has the mission to accelerate investments for the development of infrastructure in Nepal. The sense of ownership and pride cultivated. Budhathoki, the former planning commission member, takes an even longer view about economic growth at the cost of the environment. Health: Hospitals, health posts, chemical and drug manufacturers, trained workers etc. Young people are a key part of a country’s development. “Forest cover must have shrunk in the last few years already from the national record of 44.74 percent of total area.”. “For example, an 8,000 hectare forest area is estimated to be cleared for Nijgadh airport at a time when the world is talking of climate crisis and reforestation.”. The company has an average annual turnover of NRs. It consists of mountains, hills and plains. With these parameters, Nepal has to start to improve its infrastructure in order to improve urbanization in most of the country’s regions. The world lost more than one football field of forest every second in 2017, The Guardian reported in 2018, analysing data from a global satellite survey. “Also, there are active community forest user groups helping protect forest areas across the country.”. It will deliberate on issues that shape incentives for investment and enable the private sector to partner for sustainable prosperity. Higher remittance inflows and a surge in tourist arrivals translated into higher growth in retail trade, real estate, tra… On the one hand, efficient human resource could not be developed adequately in Nepal, in the other a few of the existing skilled human resources is moving to foreign countries. Similarly, means of communication are needed for passing news, views and notices. More than 11,000 trees were felled for implementing two hydropower projects in Sankhuwasabha—the 900-megawatt Arun III project and 220-KV Koshi corridor transmission line. NIFRA got an operating license from Nepal Rastra Bank on 28th of Magh 2075 and started its commercial operation from the 22nd of Falgun 2075. As per the statistics of the Ministry of Forests and Environment, 150,985 trees were felled, and 577.19 ha forest was cleared for a total of 64 projects in 2018-19, the latest fiscal year for which official data is available, most of them to hydropower projects. There are many springs and rivers that originate from the mountains. 2. But Nepal’s robust green cover is likely to take a toll with its rising development aspirations and construction of new infrastructure projects clearing forest areas, according to environmentalists. Nepal's rugged terrain and the lack of properly enabling infrastructure make it highly inaccessible, limiting the availability of basic health care in many rural mountain areas. Himalayan Infrastructure Development Company is a private company working in the field of civil engineering and infrastructure development in Nepal for the past 4 years. Infrastructure is considered as the pillar of development. But the threat is not over yet. In order to utilize the available resources better, we could do the following: Improve the technological capacity of the country: In order to do that, we may need to seek foreign assistance. Infrastructure gaps present a significant challenge for Nepal’s short and longer-term development goals. To provide a comprehensive picture of the required investments, the study reviews the period plans, development reports, and updated data from the Ministry of Finance. “Large-scale commercial agriculture [primarily cattle ranching and cultivation of soya bean and oil palm] accounted for 40 percent of tropical deforestation between 2000 and 2010, and local subsistence agriculture for another 33 percent,” reads the FAO report. “When the country is in the midst of development projects, we see a growing demand for forest area for making roads, railway tracks and hydropower, leaving a challenge for maintaining the forest cover,” Lamsal said. In the absence of good communication network, developmental works cannot run smoothly. Help to create market and improve commerce: With education, the youth of today are the people who will create commerce in the form of banking, shops and hotels. Lamasl too admits there are challenges in maintaining forest cover. Nepal Infrastructure Summit 2019 to be hosted by the Confederation of Nepalese Industries (CNI) in 11-12 September 2019, will assemble over 500 participants. The second shift came in 1928 in the form of a railway line in Janakpur. Over time, social development, particularly development of human capital, has become an important agenda for aid giving nations. ... Nepal is a mountainous country and has great geographical diversity. With an aim to accelerate the development of infrastructure in the nation, Nepal Infrastructure Bank (NIB) has started to make investments in projects. In Nepal, due to the rugged terrain the first shift of freight transport was naturally to a ropeway in 1922. “We should not stop development,” said Danuwar. But in countries like Nepal, which is still in its early phase of infrastructure development, the driver behind forest loss would be building infrastructures for which forest areas will be cleared, say Nepali environmentalists. Infrastructure refers to essential factors needed for development like education, health facilities, transport, communication, etc. Due to political instability, even small projects passed during one regime are not allowed to be run by another regime. Transport : Roads, airports, railway lines, stations and foot trails etc. They can play a constructive role in the development of their communities. Another 2,722 trees were cut down for Kaveli Corridor Transmission Line and more than 5,200 trees were cleared for Solu Corridor Transmission Line. Mega-projects like the proposed Nijgadh International Airport have been at the centre of controversy for environmental degradation and catastrophe it would be unleashing with its construction. Infrastructure development is the construction and improvement of foundational services with the goal of sparking economic growth and improvements in quality of life. It would be better to focus on the conditions in Nepal, and create a trained workforce who can act in the interests of the nation. Our education system is unbalanced and is setup imitating the systems of more developed nations. This creates a bad environment for investors. successful in increasing the country's green cover, occupy about 30 percent of the world’s land area, statistics of the Ministry of Forests and Environment, cut down for Kaveli Corridor Transmission Line, environmental degradation and catastrophe it would be unleashing, proposed airport would require felling of 2.4 million trees of all sizes, 33 percent of its total area under forest and tree cover, cleared 14,000 sq km of forests to accommodate 23,716 industrial projects, legal provisions that make it mandatory for project developers, goal of maintaining forest cover at 45 percent, Nepal’s infrastructure development aspirations build pressure on its existing green cover, Transitional justice is once again being used as a tool for political one-upmanship, conflict victims say, One in eight individuals exposed to virus until September, seroprevalence survey shows, A birthday cake, a bitter shouting match and a sour note at the end. 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