CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Youths losing jobs abroad due to COVID-19 becoming self-employed

CEO TAB by CEO TAB
December 30, 2020
in Prime News
0
Nepali migrant workers can make online payments
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Sudurpaschim, December 30 : Siddharaj Bhatta Gajendra Shah of Dhangadhi Sub-Metropolitan City in Kailali district lost his job in United Arab Emirates (UAE) due to the COVID-19 pandemic. With no other job opportunities at sight, Shah chose to return home paying a hefty amount for airfare. After becoming jobless for nearly seven months, he managed to fly home before Dashain festival with whatever left in his hand.Unemployment related issues kept hounding Shah even back home. That’s when he decided to create employment opportunities for himself. He applied for a loan in subsidized interest rate in Laghu Udhyami Samuha in Kailali and started his own poultry business. The foreign returnee Nepali youth shared, “I was in dilemma regarding what to do as a job in Nepal.

You might also like

ERC Upholds NEA’s Decision on Dedicated and Trunk Line Tariff Dispute

Nepal’s Economy Shows Signs of Stabilization in Q1 Amid Strong External Sector: NRB

Nepal’s Inflation Drops Sharply to 1.67% in First Quarter of FY 2025/26

The motivation by Laghu Udhyami Samuha members and their assistance enabled me to start a new business on my own.” Buoyed by the success of his business, he gushingly said,”I have no regrets and I could not be happier!” Similarly, Tej Prakash Tiwari of Dhangadhi-14 came home from Malaysia after the COVID-19 spread out and began to adversely affect the national and international economy.

After going through loads of ordeals after being rendered jobless, he vowed to himself that he would never seek greener pasture again rather he would start small enterprises here. He is currently into animal husbandry and earning a handsome income. Likewise, Upendra Bahadur Singh returned home after losing his job in a company in India due to COVID-19 pandemic. Here he started poultry business and once earned as much as Rs 45,000 in 40 days. He reaffirmed his commitment that he would never flock abroad in prospects of better future rather he would shed his sweat in his own soil.

Many Nepali youths in Dhangadhi-1, 14 and 16, who had returned from abroad under various circumstances there, were found to be engaged in agro-business which has helped them become self-reliant. Many of their enterprises have reached breakeven point and some of them have begun making handsome profit as well. Once an employee receiving scant salary, they have created jobs for fellow Nepalis back home as well and making fortune in their own land.

The ‘Social Economic Recovery Project’ implemented in the Dhangadhi Sub-Metropolitan City has enabled them to be self-employed and create more job opportunities for others. The project has developed the standards where an interested individual can be enlisted as the entrepreneur after completing six steps. The steps are social mobilization, entrepreneurship development, skill training, marketing, appropriate technology and coordinating with micro finances.

According to project coordinator Chandani Shah, they were targeting to participate 150 youths from Dhangadhi and 150 from Mahendranagar for the project. They are planning to create entrepreneurship to the youths recovered from COVID-19.

Such enlisted youths could receive soft loan with the coordination of Megha Bank for entrepreneurship. According to Dhangadhi Sub Metropolitan city Mayor Nripa Bahadur Od, they were also planning to create employment and business to returnee migrant workers after imparting skill enhancing training. He added that recent returnee migrant workers were suffering from post COVID-19 trauma but would be made their engagement in the programme gradually. The project is implementing in the assistance of UNDP where sub metropolis and district micro entrepreneurs association are taking initiation.

The province government is launching agriculture and animal husbandry programmes to generate employment to the targeted groups. According to Agriculture Knowledge Centre Kailali Chief Khagendra Prasad Sharma, 88 individuals were selected from the interested list for the project in the district. He added the selected one should invest Rs 30,000 and Agriculture Office will bear the same amount for the project. Most of such projects are of mushroom farming, bee keeping, nursery establishing among others, he said. The Ministry of Land Management, Agriculture and Cooperatives had published a notice, calling for applications from the interested foreign returnee youths for the implementation of the programme in August.

It received more applications than expected. Around 82 thousand people had applied expressing their interest in the programme. The Ministry had to set strict criteria for selection after it received an overwhelming number of applications. He said the Ministry was in the process of selecting the proposals based on the standards and the viability of the proposed projects. The programme is being implemented through the Agriculture Knowledge Centre and Livestock Expert Centre in all the districts of the province. The programme covers vegetable, mushroom and fruit farming, bee-keeping, poultry keeping, sheep and goat rearing, fishery and pig keeping, among others. Priority would be given to projects that result in quick earnings and that promote self employment. The programme aims to make nearly 9,000 families self-employed throughout the province.

The provincial government has allocated Rs 150 million for this programme. The programme is to be initiated by providing minimum grant to persons selected for the programme in the first year. The grant amount would be scaled up after evaluating the works carried out by the person from the first year grant amount. The Ministry has also prepared a guideline for the implementation of this programme. Meanwhile, many foreign returnee youths of the province have started going to India in search of employment in recent days. RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

ERC Upholds NEA’s Decision on Dedicated and Trunk Line Tariff Dispute

by Nribesh Kumar Nepal
November 17, 2025
0
NEA invites hydropower promoters for PPA

The Electricity Regulatory Commission (ERC) has upheld the Nepal Electricity Authority’s (NEA) decision to collect outstanding dues related to ‘dedicated’ and ‘trunk line’ electricity tariffs from two industrial...

Read more

Nepal’s Economy Shows Signs of Stabilization in Q1 Amid Strong External Sector: NRB

by Nribesh Kumar Nepal
November 17, 2025
0
NRB removes margin lending of Rs 120 million

Nepal’s economy is gradually stabilizing, with major macroeconomic indicators demonstrating encouraging progress in the first quarter of the current fiscal year, according to the Nepal Rastra Bank (NRB)....

Read more

Nepal’s Inflation Drops Sharply to 1.67% in First Quarter of FY 2025/26

by Nribesh Kumar Nepal
November 17, 2025
0
Consumer Price Inflation (CPI) remains at 8.64 percent: NRB

Nepal’s inflation rate fell significantly in the first quarter of the current fiscal year, with average inflation standing at 1.67 percent, a sharp decline from 4.26 percent recorded...

Read more

BFIs Issue Rs 144.95 Billion in Loans Against Shares by Mid-October

by Nribesh Kumar Nepal
November 17, 2025
0
Loans from BFIs to private sector increases by Rs 192.64 billion till mid-January

Banks and financial institutions (BFIs) in Nepal have issued loans worth Rs 144.95 billion against shares as of mid-October this year. According to a report released by the...

Read more

Nepal Receives $9.4 Million from World Bank for Cutting 1.88 Million Tons of Carbon Emissions

by Nribesh Kumar Nepal
November 17, 2025
0
World Bank projects Nepal’s GDP growth 1.9% in 2023, 3.9% in 2024

Nepal has received $9.4 million (approximately Rs 1.19 billion) from the World Bank’s Forest Carbon Partnership Facility (FCPF) for successfully reducing about 1.88 million tons of carbon dioxide...

Read more
Next Post
Nepali migrant workers can make online payments

Crusher industries excavating river products illegally

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.