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Nepal has nearly 1 million firms, institutions engaging over 3 million people: census

Source: Xinhua| 2018-09-14 00:33:17|Editor: yan
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KATHMANDU, Sept. 13 (Xinhua) -- Nepal has nearly 1 million economic establishments (firms related to agriculture, trading and industrial and services, and various other institutions) as of April 14, 2018, engaging over 3 million people, a government report said.

A preliminary report of the first ever National Economic Census conducted by Nepal's Central Bureau of Statistics (CBS) revealed that there are as many as 922,445 economic establishments and 3,408,746 people were directly engaged in them.

The CBS, the central statistics body of Nepali government, unveiled the preliminary report of the census on Thursday in Kathmandu.

According to the CBS, the result is based on the census of almost all firms, industrial enterprises and other government and non-government institutions of entire country.

Mahesh Chand Pradhan, director at Economic Census Section of CBS told Xinhua that the first ever economic census has given a clear picture of economic activities across the country and it would provide vital economic statistics to the governments at central, province and the local levels, to prepare necessary polices for the development of the country.

According to the preliminary report, Nepal's economic establishments are heavily concentrated in Kathmandu Valley, the capital of the country. There are a total of 170,632 economic units in the capital which accounts for 18.5 percent of total establishments across the country. According to population census in 2011, Nepal's capital holds just 10 percent of the total population.

In terms of density of economic establishments, there are 6.3 establishments per square kilometer. Gender wise, male has dominance over female in terms of their engagement in various firms and institutions.

The report shows that 150 men are engaged in economic establishments for every 100 engaged women. Average number of people engaged in each establishment stands at 3.7, according to report. The CBS said in a press statement that there might be a slight change in statistics in the final report.

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