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

Minister Yadav pledges employment to 60,000 youths

CEO TAB by CEO TAB
January 8, 2020
in Prime News
0
Minister Yadav pledges employment to 60,000 youths
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Kathmandu, January 8: Minister for Labour, Employment and Social Security Rameshwor Raya Yadav has announced that his Ministry will provide employment to 60,000 youths within this fiscal year 2019/20. Unveiling his quarterly action-plan at his office here yesterday, Minister Yadav further pledged to provide at least 100 days of employment opportunities for the unemployed youths under the Prime Minister Employment Programme.

You might also like

Nepal’s Trade Deficit Widens 10.15% in First Half of FY on Rising Petroleum Imports

NEPSE Turnover Drops 35.5% Amid Political Uncertainty and Economic Slowdown

Kohalpur–Surkhet 132 kV Transmission Line Nears Completion

He also reaffirmed his commitment to bringing all the workers under the ambit of accidental insurance. Under this programme, the government provides the unemployed youth a minimum of 100 days of job opportunity in various sectors including agriculture, industry, livestock rearing, energy, forest, tourism among other sectors and the job will entail life sustainability allowance.

The government has announced to bring the labour migration of Nepali workers to foreign land to an end within five years by creating jobs in public development construction works at home. A data showed that over 165,000 youths have obtained labour permit in the last five months of the current fiscal year. The World Bank’s report in 2018 showed that 32 per cent of Nepal’s working-age population (15-64) was either unemployed or voluntarily inactive. Nepal needs to create at least 286,900 jobs every year to this employment rate intact.

Since the government announced the Prime Minister Employment Programme last fiscal year, more than 1.7 million youths across the country have been registered with the programme. Last fiscal year alone, over 175,000 unemployed youths were provided with employment opportunities. According to Prime Minister Employment Programme Director, Prakash Dahal, over Rs 5 billion has been allocated for employment opportunities for 60,000 unemployed youths for this fiscal year.

Among them, 70 per cent would be spent over labourer’s wage while rest 30 per cent will be spent over heading such as administrative expenses and the like. Dahal said that the amended procedure for the Programme has been sent to all 753 local units. RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Nepal’s Trade Deficit Widens 10.15% in First Half of FY on Rising Petroleum Imports

by CEO Tab
January 22, 2026
0
Tanker drivers resume fuel transportation

Nepal’s trade deficit expanded by 10.15 percent in the first half of the current fiscal year, driven largely by heavy imports of petroleum products, according to the Department...

Read more

NEPSE Turnover Drops 35.5% Amid Political Uncertainty and Economic Slowdown

by CEO Tab
January 22, 2026
0
10 firms keen to receive stockbrokers licenses

Nepal Stock Exchange (NEPSE) recorded a sharp 35.54 percent decline in turnover in the first six months of FY 2025/26, reflecting weakened investor confidence due to political uncertainty...

Read more

Kohalpur–Surkhet 132 kV Transmission Line Nears Completion

by CEO Tab
January 22, 2026
0
Prospects for power trade expanded with Nepal-India  Common Vision in the energy sector

Construction of the Kohalpur–Surkhet 132 kV transmission line has reached its final phase, with preparations underway to charge the line by Magh 20. According to Project Chief Rabi...

Read more

Nepal’s Public Debt Crosses Rs 2.8 Trillion

by CEO Tab
January 22, 2026
0
Public debt of Nepal exceeds Rs 2150 billion

Nepal’s outstanding public debt has surpassed Rs 2.8 trillion, reaching Rs 2,806.39 billion by mid-January of the current fiscal year 2025/26, according to the Public Debt Management Office....

Read more

Over 800,000 Citizens Enrolled in the Citizen Investment Trust

by CEO Tab
January 21, 2026
0
CIT to guarantee shares of IME Life Insurance

More than 800,000 citizens have been enrolled in the Citizen Investment Trust (CIT). From Magh 2048 to the end of Poush 2082, this many citizens have become members...

Read more
Next Post
TIA expanding its capacity

TIA expanding its capacity

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.