bhutanese economy

 The Bhutanese economy is small and largely based on agriculture, hydropower, and tourism. As a landlocked country in the Himalayas, Bhutan maintains a unique development approach focused on Gross National Happiness rather than purely economic growth. Role of Agriculture and Rural Livelihoods Agriculture remains a primary source of livelihood for a significant portion of Bhutan’s population. Subsistence farming, livestock rearing, and small-scale cash crops are key contributors to rural economies. Hydropower: The Economic Backbone Hydropower is the most important sector in the Bhutanese economy . Bhutan exports electricity, primarily to India, which generates substantial national revenue and supports infrastructure development and public services. Tourism and Its Impact on Growth Tourism, especially high-value, low-impact tourism, plays a growing role in the Bhutanese economy. Carefully regulated to preserve the country’s culture and environment, it provides income and employ...