Economic Feasibility Assessment of Smart Village Project: A Case of Sandakpur Rural Municipality, Ilam, Nepal

by Anjay Kumar Mishra1 & Rajat Pokharel2
1Post-Doctoral Research Scholar, Srinivas University, India & Associate Professor, Madan Bhandari Memorial Academy Nepal, Urlabari-3, Morang, Nepal
2Engineer, Madan Bhandari Memorial Academy Nepal, Urlabari-3, Morang, Nepal


Mishra, A. K., Pokharel, R. (2023). Economic Feasibility Assessment of Smart Village Project: A Case of Sandakpur Rural Municipality, Ilam, Nepal. In P.K. Paul, S. Sharma, E. Roy Krishnan (Eds.), Advances in Business Informatics empowered by AI & Intelligent Systems (pp 138-160). CSMFL Publications.


Villages are the foundation of the country and a shrewd town means such a town that can offer different types of assistance required in everyday life to the locals really and effectively. The general target of this exploration is to survey the financial practicality of the savvy town project with an instance of a Sandakpur Rural Municipality (SRM). The review covered the region inside Maipokhari and Sulubung town of Sandakpur Rural Municipality, Ilam Nepal. This examination was expected to propose the model of savvy town analyzed through a booked poll in town test of SRM along with economic feasibility by benefit-cost ratio, NPV and IRR .B/C ratio was found as 4.98 and 2.85 at 6.5% and 10% discount rate, NPV was found as Rs 1,550,474,977 and Rs 715,758,502.7 at 6.5% and 10% discount rate and IRR was found as 18.32 % for 30 year analysis period which assures smart village can be a better option for the sustainable village.

Keywords: Smart Village, Information Technology, Sustainable Development, Equity, Economic

This work is a part of: Advances in Business Informatics empowered by AI & Intelligent Systems (Eds. P.K. Paul, Sushil Sharma, Edward Roy Krishnan)

© CSMFL Publications & its authors.


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