What is the economic situation of baglung district?

Explanation:

Baglung is surrounded by Parbat, Myagdi, Rukum, Rolpa, Pyuthan, and Gulmi districts. It has 59 Village Development Committees and one Municipality. Baglung has a moniker of "District of suspension bridges" as there are numerous suspension bridges. It is a hilly district, most of the population settled in the sides of the rivers. Fertile plains situated on either side of the rivers are used for farming. Headquarters of Baglung District is Baglung Municipality which is located on a plateau overlooking the holy - Kali Gandaki. Like Nepal, Baglung is also diverse in religion, culture, ethnicity, altitude, temperature, etc. Hinduism and Buddhism are the major religions. Magar, Chhetri, Brahman, Newar, Gurung, Chhantyal, and Thakali are the major ethnic groups living in Baglung.[citation needed]

Baglung is rich in herbal medicinal plants. Rice, Corn, Millet, Wheat, and Potato are the major crops of Baglung. Small scale mining mostly for Iron and Copper was a major activity in Baglung in the past. However, due to the economics of operating small mines, most have closed since. Slate mining remains the most widespread form of mining in present times. Slate mined in Baglung is considered excellent for roofing.[citation needed]

Baglung Municipality, Hatiya- Galkot, and Burtibang are the main trading centers of Baglung. Galkot, Kusma,and Burtibang are connected with the district headquarters Baglung Bazaar by roads. Baglung is served by the Nepal Electricity Authority and various small local hydropower plants. Recently, the telephone has been accessible in almost all villages of Baglung. Baglung is considered to be one of the politically most conscious districts and it plays a significant role in  Nepali politics.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.

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