Role of Remittance in development:A case study of Devdaha VDC, Rupandehi District

Abstract

The Study has been carried out onRole of Remittance on Development: A case study ofdevdaha VDC Rupandehi District. The main objective of the study is to identity volumeofremittance, use and its contribution inDevelopment In the study area.Similarly the study hasaimed to identify the socio-economic status of the study area.Since the study is case study type, itis a micro level study. This is analytical as well as descriptive type of research design. Basically,the study is based on the primary data. It also studies for those who are far from those familymembers. The required data is collected from the field study of the researcher himself as well assome data about remittance is taken from thesecondary sources which are ofpublished as well asunpublished. Out of total households i.e. 805, in the study area, 104 households were selectedusing proportional size with sampling method. In order to make the study meaningful as well asadvanced in the limited time period a larger sample size was not feasible. The main destinations of the study area were found Gulf countries, India, Japan, Korea and UK.Out of them 30precent ingulf counties, 20 percent in India, 15 percent in Japan, 10 percent inKoreaand remaining are it her countries. In thenational context, main destinations of Nepaleseworker are gulf countries and Malaysia. More than sixty percent of theworkers areemployed ingulf countries. Country wise Malaysia, Qatar,SaudiArabic, UAE are the destinations of Nepaleseworkers. According to NRB, total remittance receive through registered source by Nepal in FY 2066/067 ismorethan100 billions, which is very large than the previous year. In the FY 2066/067 the flow ofremittance rose by 19 percent in Nepal, during the first half of theFY and touched the amount ofRs.57 billion ofmid-januarysNepal has received Rs. 48.26 billion during the same period of lastyear. The contribution of remittance to GDP saving and investment in 2009/10 were 16.8 percent and47.6percentrespectively. The socio-economic characters of migrant worker was age ground mostof 25-40 years, 71.97 percent of the migrant worker are married, and 80 percent of the migrantsare literate, 62pecent migrants coming from medium income group; 38 percent migrants fromhigher income group and 78 percent of migrants from agriculture occupation. The respondents of this VDC said that remittances have increased their household economic andsocial indicators after returning from foreign employment. Around 81.73 percent respondents saidthat remittance have increased their economic status, 54.8 percent of respondents said thatremittance income have increased their standard of living, around 59 percent of the respondentssocial attitude have increased due to remittance income and around 67.3 percent of therespondents increased their skills. But around 4 percent respondents said that economic status hasbeen same, 39 percent have remain same standard of living, 35 percent said that their social statushave remain same and 33 percentsaid that remained same level of their skill after returning fromthe foreign employment.