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

Govt advised to collaborate with the private sector to capitalize upon the fourth industrial revolution

CEO TAB by CEO TAB
February 18, 2020
in Prime News
0
Govt advised to collaborate with the private sector to capitalize upon the fourth industrial revolution
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

-Narayan Prasad Ghimire

You might also like

Government Unveils 10-Point Action Plan to Strengthen Cooperative Sector Oversight

Strong External Indicators Contrast with Weak Domestic Economy, Says NRB Report

Budget Prioritizes Recurrent Spending Over Development Despite Strong Government Mandate

Kathmandu, February 18: The government has been suggested to invest in the social and policy research and collaborate with the private sector and innovative groups to utilize the benefits of the fourth industrial revolution.

Speakers at a discussion program on ‘Artificial Intelligence (AI) for Media and Business’ organized by the Ministry of Education, Science and Technology in the capital city on Monday (Feb 17) emphasized the benefits of AI in various sectors and prodded the Ministry and bodies concerned to measure the readiness for AI and make proper gap analyses.

At the program organized as a pre-event to the Nepal Artificial Intelligence Conference (NAIC 2020) proposed for coming June, Dean at Open University, Indra Karki, said students were complaining of the dearth of data in Nepal and urged the Ministry to pay heed to this need.

“AI experts must be mobilized properly,” he added, informing that the Open University had launched MPhil in ICT. Environmental scientist Uttam Babu Shrestha questioned why the Digital Nepal Framework missed the IT in the environment and climate change. Research is also the area the activities under AI should not miss, he stressed.

On the occasion, former minister for technology and ruling party leader Ganesh Shah informed that the government was going to organize the Nepal AI Conference to create digital awareness among public and frame policy on AI. “AI is now a young generation agenda. It is the most interesting and important issue of the fourth industrial revolution,” he said, adding that the government was seeking active cooperation from the private sector to the conference and on implementation of Digital Nepal Framework. Undersecretary at the Ministry of Information and Communications Technology, Dr. Ram Govinda Aryal, made a presentation on the Digital Nepal Framework which the government had unveiled with the vision of ‘digital Nepal for good governance, development, and prosperity’.

“The Framework has adopted a public-private partnership approach to unlock the potential of digital technologies for economic prosperity,” he said, pointing out the need for policy reforms in line with the Framework. Various 80 digital initiatives are included under eight clusters ranging from education to health, energy and urban infrastructures in the framework.

Similarly, scientist Bisesh Khanal made a presentation on AI, it’s potential and challenges in Nepal. “Nepal failed to reap the benefits of three industrial revolutions. So, we must not miss the ongoing fourth industrial revolution where AI is in the center,” he said, adding that developed countries were framing and revising AI policy, but developing countries too cannot stay away from the global development of AI. According to him, Nepal has challenges galore as realization and internalization of true nature and potential of AI, the foundation of research and entrepreneurship, shortage of human resources and knowledge, and philosophical and ethical issues.

He hoped that the coming Nepal AI Conference would be a proper platform to create awareness on the importance of AI for developing countries like Nepal. Khanal argued that AI is taken as a tool to democratize innovation. Targeted advertisement on Facebook, imaging and area inspection of fetus in womb with ultrasound, chatbots, measurement of pesticide level in vegetable, risk prediction on the crop are some examples of AI use, he informed. Machine learning and deep learning are also some parts of AI, the scientist shared, cautioning, “Uncertainty is, however, an intrinsic feature of AI.” Former government official Rudra Suwal pointed out the need for a data depository with facilitation on part of the government.

Other issues that featured significantly during the discussion were Nepal’s readiness for AI adoption, close collaboration between policymakers and IT experts, persuasion to political leadership and bureaucracy about the value of IT and AI massive digital/internet literacy, adoption of a multi-stakeholder approach, need of knowledge economy and innovation economy. RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Government Unveils 10-Point Action Plan to Strengthen Cooperative Sector Oversight

by CEO Tab
June 19, 2026
0
Government Unveils 10-Point Action Plan to Strengthen Cooperative Sector Oversight

The Ministry of Land Management, Cooperatives, Federal Affairs and General Administration has introduced a 10-point action plan aimed at addressing problems, irregularities, and the growing number of complaints...

Read more

Strong External Indicators Contrast with Weak Domestic Economy, Says NRB Report

by CEO Tab
June 19, 2026
0
Strong External Indicators Contrast with Weak Domestic Economy, Says NRB Report

Nepal's latest macroeconomic report presents a mixed picture, showing strong performance in external sector indicators while revealing continued weakness in the country's domestic economy. According to the Current...

Read more

Budget Prioritizes Recurrent Spending Over Development Despite Strong Government Mandate

by CEO Tab
June 19, 2026
0
Budget Prioritizes Recurrent Spending Over Development Despite Strong Government Mandate

Despite enjoying the support of nearly two-thirds of Parliament, the government has presented a budget for fiscal year 2026/27 that reduces the share of capital expenditure, raising concerns...

Read more

House of Representatives Passes Appropriation Bill by Majority

by CEO Tab
June 19, 2026
0
House of Representatives Passes Appropriation Bill by Majority

The House of Representatives on Thursday passed the Appropriation Bill by a majority vote, endorsing the budget for the upcoming fiscal year unveiled by the government on May...

Read more

Nepal’s Public Debt Climbs to Rs 2.96 Trillion, Reaching 44.87% of GDP

by CEO Tab
June 18, 2026
0
Nepal’s Public Debt Climbs to Rs 2.96 Trillion, Reaching 44.87% of GDP

Nepal’s total public debt has reached Rs 2.961 trillion during the first 11 months of the current fiscal year 2025/26, equivalent to 44.87 percent of the country’s gross...

Read more
Next Post
"We are spearheading a mega campaign of 'Digital Nepal', says PM Oli

"We are spearheading a mega campaign of 'Digital Nepal', says PM Oli

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.