Current Periodic Plan | 15th Five Year Plan of Nepal

In Nepal, serious effort to planned development was started after first five year plan (1956-1961).  The national planning commission is a specialized & apex body of the Government of Nepal for formulation of national vision, development policy, periodic plans & sectoral policies for  overall development of Nepal. Currently, the 15th plan is in action for fiscal year 2076/77-2080/81. The approach paper of  15th plan has been approved by the meeting of national planning commission chaired by Prime Minister Khadga Prasad Oli in 2076/11/19. The 15th plan has following key objectives:

1. To become developing country from least developed country at the end of 2079 BS
2. To achieve the SDGs (Sustainable Development Goals) by 2030 AD
3. To achieve long term vision by FY 2100/2101

The 15th plan has been endorsed with slogan of "Prosperous Nepal,Happy Nepali". It promises to fulfill the SDGs (2016 - 2030) set by UN general assembly in September, 2015 which then came in effect from January 1, 2016. It has also aimed to achieve the objectives of long term vision by 2100 BS. Here, in tabular form, I've presented some important indicators, status & targets set by Government of Nepal in 15th plan.

Till now, Government of Nepal has implemented a total of 15 plans out of which second, eleventh, twelveth, thirteenth & fourteenth plan were of duration 3 years. The currently endorsed plan is a five year plan that targets to make us the citizens of developing country by the end of 2024 AD. Nepal had HDI value 0.574 with overall rank of 149th in the world in 2018 AD. The HDI value has become 0.579 in the year 2019 AD with overall rank of 147th. In 2020, we had a rank of 142 with HDI value of 0.602. The 15th plan targets to increase this value to 0.625 by the end of the plan.