End Provincial Disparity

The recent statistics made public by the National Statistics Office (NSO) regarding the Provincial GDP estimation for the current fiscal year 2023/24 highlights the longstanding provincial disparities. According to the statistics, the estimated GDP growth rate of Gandaki – 4.55 per cent – is the highest while that of Karnali – 3.39 per cent – is the lowest. That figure for Lumbini is 4.05 per cent, Bagmati 3.96 per cent, Madhes 3.78 per cent, Koshi 3.51 per cent, and Sudurpaschim 3.41 per cent. Compared to last fiscal year, the contribution of Koshi, Madhes, Karnali and Sudurpaschim provinces has marginally decreased while the contribution of the rest of the provinces has marginally increased.