Morchella conica, pers (Guchchi Chyau) is achlorophyllus but posh fungus species often called as
morel mushroom. Its use is not only limited to the household sector but also used in food and non
food industries. Distribution status and potentiality is discerned in this paper and is linked it up
with the financial contribution made to enhance local livelihoods. The general morphology, ecology
and distribution pattern is critically analyzed to link up its importance. It is distributed within
twelve VDCs of Mugu district which keeps tremendous potentiality to address the problem of poverty
in the region. Information of this research based article is collected from direct field observation,
focus group discussion; key informants interview and surface analysis of market structure. Haphazard
and immature collections are the issues regarding its sustainability