Business And Health In Nepal Essay

Juna Karki

Zahid Hussain Md Jakir Masum

WSEM 1061-1

Assignment 1.3

12th sept, 2017 Effects of Technology in the field of Business and Health in Nepal

Nepal is a multi-racial, multi-lingual, multi-cultural and multi-religious country which lies between India and China having an area of 1, 47,181 square kilometer. It has a total population 25.8 million that consists of 92 different language groups, 125 caste/ethnic groups, and 10 religious groups (Central Bureau of Statistics [CBS], 2011. Four main races are Brahamin, Chhetri Baishya and Sudra. Brahmin is the higher caste in social caste system. Every religions have its own norms and values. Each ethnic group has their own unique costumes, speak

About 25% of total population live below poverty line. The UN estimates that poverty in Nepal dropped from 42% in 1996 to approximately 25% in 2009. The government of Nepal is trying to speed up socio-economic transformation through high, sustained and broad-based inclusive growth. According to Ministry of Finance despite of adverse suffering from devastating earthquake, the economy is estimated to grow by 6.94 percent in 2016/17 (Krishna 2). About 80 per cent of the population still remains engaged in the farm sector which is not only technologically backward but also traditionally and virtually stagnant over the decades. Education System of Nepal developed after end of Rana regime. Before that education system of Nepal was based on home-schooling and Gurukuls which was focused on Hindu and Buddhist religious and their aim was to prepare priests. Nepal Government realized the importance of education necessary for socio-economic development so they are trying hard to develop their education but still struggling for quality and equality education because of Poverty, the social exclusion of women, lower-caste discrimination, indigenous bias and lack of proper use of resources. Now there are about 49 thousand schools, 415 colleges and five universities and two academics of higher studies. Because of increase in resources and technologies current adult literacy rate is 63.9% but lack of human resource management Nepal is one of the

At present, manufacturing industries, financial institutions, Airlines, Tourism sectors, Airlines hospitals etc are using new tools and technology to run their business effectively. Technology like Internet, Computer has become the cheapest, easiest and reliable way to provide better services to larger customer. Many Financial institutions of Nepal like Nepal Rastra Bank, Banijya Banks, Himal remittance etc uses information technology to provide e-banking services which had made their customers lives easier as they can easily access their checking’s, savings credit card, mortgage and loan accounts with just a few clicks, anytime anywhere. . As a result people from any part of the world can transfer money or enjoy banking services which saves times of customers and even helps to increase the number of customers. Similarly, Nepal Airlines has online booking system, where anyone can do booking from any parts of the world. Similary, Microchips helps to store information of products which will be useful for making proper plans and policies for running business smoothly. RFID is also most common technology used in many Nepali business sector for security purpose. Another thing is through use of google, internet like technology Business can be spread all over the world by creating advertisement. Technology has make the world narrower and