Economy Of Nepal

The large majority of the people are subsistence farmers who grow rice, maize, millet, barley, wheat, and vegetables. At low altitudes, agriculture is the principal means of subsistence, while at higher altitudes agropastoralism prevails. Many households maintain chickens and goats. However, few families own more than a small number of cows, water buffalo, or yaks because the mountainous topography does not provide grazing land for large animals.
Nepal is one of the poorest countries in the world. This poverty can be attributed to scarce natural resources, a difficult terrain, landlocked geography, and a weak infrastructure but also to feudal land tenure systems, government corruption, and the ineffectiveness of development efforts. Foreign aid rarely goes to the neediest sectors of the population but is concentrate in urban areas, providing jobs for the urban middle class. The name of the national currency is rupee.Historically, a handful of landlords held most agricultural land. Civil servants often were paid in land grants, governing their land on an absentee basis and collecting taxes from tenant-farming peasants. Since the 1950s, efforts have been made to protect the rights of tenants, but without the redistribution of land.