In The New Context Of The Democratic Political Developments Taking Place In Nepal, The Economic Development Process Has Acquired A New Dimension. Though Drastic Changes In The Direction And Face Of Economic Development In Nepal Cannot Be Expected To Take Place, The Involvement Of The Common Man In The Economic Development Process Has Made A Major Difference.In This Connection The Nepalese Prime Ministrer G.P. Koirala Has Rightly Said That Nepal Believed In The Possibility Of The Achievement Of Social And Economic Development In The Salubrious Ambience Of Political Freedom, Social Justice And Human Rights. He Had Said That It Had Been Nepals Experience That These Political Rights, Not In Their Essence But In Their Relationship, Had To Be Viewed In The Context Of The Prevailing Social And Economic Conditions.Nepal Has A Rich Potential Of Natural Resources, Especially The Water Resources And Power Generation. These Resources Had Not Been Exploited To Their Full Due To Political Considerations.In This Book The Possibilities Of The Economic Development Of Nepal Have Been Analysed In The Prevailing Conditions.