Nepal has made impressive gains in poverty reduction in the last one and half decades. Based on the national poverty line, the incidence of poverty declined considerably from 41.8% in 1996 to 30.9% in 2004 and to 25.2% in 2011 (ADB 2013). During the same period, based on the international poverty line of US$1.25 per capita per day (extreme poverty), poverty incidence declined from 68% in 1996 to 53.1% in 2004 and further to 24.8% in 2011. Based on the threshold for moderate poverty (US$2 per capita per day), poverty incidence declined from 89% in 1996 to 77.3% in 2004 and 57.3% in 2011.
CITATION STYLE
Thapa, G., Gaiha, R., & Imai, K. (2019). The role of agriculture in poverty reduction in Nepal. In Agricultural Transformation in Nepal: Trends, Prospects, and Policy Options (pp. 27–47). Springer Singapore. https://doi.org/10.1007/978-981-32-9648-0_3
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