Development of sustainable rural productive and entrepreneurial capacities at the national level

For countries like Bhutan – nestled in the high Himalayas, historically isolated and topographically challenging – ensuring food security is vital.

It is something of a paradox that, while there is broad agreement that micro-, small and medium enterprises (MSMEs) are an integral part of the economy in developing countries, they remain underserved.

Agriculture is the foundation of Bhutan’s economy, employing more than 70 per cent of the population. Bhutan has made huge progress overall in recent years in improving its people’s standards of living, though poverty rates remain high in the eastern part of the country.

Most of the population of Bhutan depend on farming to make a living. However, as the climate crisis bites, this Himalayan nation is being hit by erratic rain, hailstorms and flash floods. This in turn is effecting farmers’ production.