Economic Development

Climate Change Threatens ‘Himalayan Viagra’ Fungus and a Way of Life

A valuable fungus, prized as a reputed aphrodisiac, is disappearing due to warming temperatures, reports Climate Home. Valuable fungus, prized as a reputed aphrodisiac, is disappearing due to warming temperatures. Harvesting the Cordyceps sinensis fungus, called ‘yarsha gumba’ in Nepal, provides a livilihood for Himalayan dwellers.   To read further, please follow the following

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Global Food and Security Strategy Launched in Nepal

The United States today launched the Global Food Security Strategy (GFSS) in Nepal. Aimed at partnering with Nepal for food security, nutrition and prosperity, GFSS is the US government’s global hunger and food security initiative. To read further, please follow the link below: https://thehimalayantimes.com/business/global-food-security-strategy-launched-nepal/

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‘Good quality’ Nepali Tea Spoils Darjeeling’s Party

Grown on similar Himalayan terrain and climate across the border in Nepal, the tea made its way into Bengal’s cuppa during the 104-day strike Gorkhaland strike that hit production in Darjeeling. To read further, please click on the link below: http://www.hindustantimes.com/india-news/good-quality-nepal-tea-spoils-darjeeling-s-party/story-rfs4sJsPVy9NMzrfCKSAMK.html

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Nepal Invests in New Irrigation Technologies

Water sources are drying up in parts of the Himalayas and people are forced to look elsewhere for places to live and work. But new technology in irrigation might help people stay in their homes. To read further, please click on the link below: http://www.aljazeera.com/news/2017/11/nepal-invests-irrigation-technologies-171117113156245.html

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Nepal-Tibet Border Reopens to Tourists after 2015 Earthquake

The famous Himalayan road from Lhasa to Kathmandu, partly destroyed by the earthquake, is back on the travel wishlist as the Kerung-Rasuwa border crossing reopens to international visitors. To read further, please click on the link below: https://www.theguardian.com/travel/2017/sep/16/tibet-nepal-border-road-reopens-after-earthquake-kathmandu-lhasa

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What Poor Nations Need to Get By: Money From Migrants Remittances from workers abroad are so important to some countries that one-third of their economies may depend on it, the World Bank says.

Remittances from workers abroad are so important to some countries that one-third of their economies may depend on it, the World Bank says. Nepal’s remittances increased to record levels after the 2015 earthquake. To read more click on the link below: https://www.nytimes.com/2016/08/25/world/what-in-the-world/what-poor-nations-need-to-get-by-money-from-migrants.html

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