Paper Title
The uses and Impact of Remittance on Household of Migrants a Study of Western Nepal

This paper assesses the uses and impact of remittance to the households of migrants. An attempt is also made to assess the uses of remittances. At a time when the country's major economic indicators are not favorable, the remittances have played a vital role in maintaining macroeconomic stability and keeping the economy afloat. Nepal is one of the highest remittance receiving countries in the world, in percentage of gross domestic product (GDP). Remittances are not only defining household consumption and investment patterns, but are also transforming the structure and dynamics of the country’s overall economy. Using the most recent household survey data, this paper analyzes the impact of migration and remittances on household of migrants. It shows the two important results: (i) remittance income is mostly spent on household consumption expenditure and loan repayment and (ii) remittance-receiving households have demonstrated improvements in child education and expenditure on health care. Therefore, a key development challenge for a highly remittance-dependent economy like Nepal is to incentivize remittance receiving households to invest in capital goods and inputs to improve productivity so that it more than compensates for the yield losses arising from labor migration. Keywords - Remittance, Impact, Uses, Migration, Consumption