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Partnership with private sector must to reduce unemployment: Minister Mahat


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2023 Oct 06, 7:13, Kathmandu
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Finance Minister Dr Prakash Sharan Mahat has said cooperation and collaboration between government and private sector is essential to address unemployment problems in Nepal.

Addressing an interaction organized by Nepal Training and Employment Entrepreneurs' Federation here Thursday, Minister Mahat viewed professional and skill-based training should be provided based on market need. Only demand based training can create jobs and contribute to the national economy, he argued.

He stressed that the Federation could produce competent workers in the wake of the exodus of Nepalis to foreign land for employment. It is worrying that the country has a shortage of both competent human resources and employment opportunities. Minister Mahat commented that although many institutions including the Labour Department, Department of Foreign Employment and private sectors were providing training, they were yet to be result-oriented.

On the occasion, Federation Chairman Achyut Nepal informed that Federation was providing skill-based training with the partnership of the government so that the gap between demand and supply sides of human resources could be fulfilled.


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Finance Minister Dr. Prakash Sharan Mahat private sector unemployment problems Nepal Training and Employment Entrepreneurs' Federation national economy human resources
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