- Excessive control or intervention
- Incapable government corporations/machinery.
- Unproductive Investment Expensive economy
- Expensive economy
- Incapable Administration
- Faulty planning process
The specific objectives of this plan are follows:
- Sustainable Economic Growth.
- Poverty Alleviation and
- Rural Development and Regional Balance.
a) Priorities
- First priority received by Agriculture and Forestry.
- Agricultural Intensification and diversification.
- Energy development
- Development of Rural Infrastructure.
- Employment generation and HRD
- Control of Population growth
- Industrial development and tourism promotion
- Export promotion and diversification
- Macro-economic stabilization
- Reform in development administration and
- Monitoring and Evaluation.
b) Objectives:
- Increase agricultural production based on geographical specialty.
- Increase production and productivity of food grains to meet the increasing demand.
- Increase production and productivity of raw materials for the growth of agro-based industries.
- Increase productive employment opportunities for the small and marginal farmers.
- Maintain balance between agriculture development and environmental conservation.
c) Financing
Table: Sectional Allocation of Investment in the Eighth Plan.
|
Sectors |
Total NRs (Million) |
Percentage |
|
Agriculture, Irrigation and Forestry |
4387.6 |
25.8 |
|
Industry and Mining |
1492.5 |
8.8 |
|
Electricity, Gas and Water |
2766.8 |
16.2 |
|
Construction |
507.2 |
3 |
|
Trade, Hotel and Restaurant |
658.1 |
3.8 |
|
Transportation and Communication |
2611.9 |
15.3 |
|
Finance and Real Estate |
3318.4 |
19.5 |
|
Social Service |
1290.7 |
7.6 |
|
Total |
17033.2 |
100 |
d) Targets and Achievements
Table : Agricultural Production Target under the Eight Plan.
|
Areas |
Target |
Achievements |
|
FOOD GRAINS |
5.4 |
17.6% |
|
Paddy |
5.5 |
15.1%9.2% |
|
Maize |
4.7 |
37.6% |
|
Wheat and Barley |
8.4 |
26.2% |
|
Millet |
3.1 |
32.1% |
|
Barley |
3.4 |
29.34% |
|
Cash Crops |
10 |
35.2% |
|
Oilseed |
6.7 |
26.2% |
|
Sugarcane |
8.6 |
-25% |
|
Tobacco |
8.8 |
-26% |
|
Jute |
5.4 |
|
|
Horticulture |
|
|
|
Orange |
8.3 |
|
|
Other fruits |
4 |
|
|
Vegetables |
3.5 |
|
|
Potato |
7 |
|
|
Livestock |
|
|
|
Milk |
3.5 |
|
|
Meat |
3.3 |
|
|
Eggs |
5.4 |
|
|
Irrigation |
293.895 ha. |
|
Source: Economic Survey, 1998
e) Obstacles:
- Political instability/unstable government.
- Drought
- Change in agricultural organizational structure.
- Political interference in government mechanism.
- Lack of commitment.
