Socio-Economic Status, Migration and Remittance

Migration for less economic developed to developed countries has increased dramatically in recent years, including the South Asian countries, a trend which is predicted to gain strength in the foreseeable future. About 61.64 percent of Nepal¿s population constitutes the labour forced age (aged between 15-64 years). According to CBS, 2011 at least one member in every fourth household in Nepal is absent in their birth place. Out of every two (56%) households in Nepal has a grace of receiving remittance (NLSS-III). Due to the decline of employment conditions in the country, there is an increasing trend towards the migration of Nepalese workers abroad. Privatization of state owned industries, collapse of industrial enterprises, violent conflicts and lack of opportunities in Nepal have been propelling the workers to migrate abroad for livelihood security (Dahal, 2004).