Economy, asked by Vishalagni1087, 1 year ago

what are the problems of utilization of mineral resources in nepal?

Answers

Answered by ashish78659
2
i) Lack of Capital: Nepal is one of the poorest countries having less than $315 per capital income of its people. Due to lack of adequate capital for investment for mineral resources exploration, these natural resources are still unknown to the common people, and their use in commercial scale is yet to started.
ii) Lack of Transportation Facilities: Nepal is poor in various infrastructures. Transportation is one of them. Lack of adequate transport facilities, mineral deposits in various parts of Nepal cannot be explored and exploited so far.
iii) Lack of Research: Mineral deposits may have the different alternatives, which can be identified from research, In this direction, Nepal has not undertaken adequate research in order to utilize available mineral deposits in different fields.
iv)Lack of Mineral Policy: An appropriate adequate mineral policy should cover various aspects of mineral development including exploration, excavation, exploitation, processing, research, investment, expertise; logistic etc have become necessary in order to ensure the speed of development of mineral sector. But there is no any appropriate mineral policy in Nepal.
Similar questions