PM lauds private sector's role in employment creation

By A Staff Reporter,Kathmandu, Mar. 11: Prime Minister KP Sharma Oli has said that the private sector holds exceptional importance in creating job opportunities within the country.

Inaugurating the National Labour and Employment Conference 2025 here on Monday, Prime Minister Oli emphasised that the government is committed to fostering entrepreneurship to drive change and realise the national aspiration of a prosperous Nepal and happy Nepali. 

He highlighted that if Nepalis continue to work abroad while employment opportunities remain scarce at home, the economy cannot thrive. 

Therefore, he stressed the need to maximise the use of science and technology to enhance production and productivity.

The Prime Minister underscored the importance of developing a skilled workforce capable of competing in the global market and creating as many jobs as possible within the country.

During the event, a memorandum of understanding (MoU) was signed between the National Skill Development Authority and employer companies. 

Labour, Employment and Social Security Minister Sarat Singh Bhandari also addressed the conference. He said that Nepali youths were compelled to go overseas as migrant workers in lack of proper management of employment market in home. 

Likewise, an agreement was signed between the Ministry of Labour and Employment and the Swiss Agency to expand the integrated labour market information system under the Prime Minister’s Employment Programme.  

Meanwhile, RSS adds that the government has aimed to end forced foreign employment has announced the next decade (2025-2035) as the Internal Employment Promotion Decade.     

Prime Minister Oli announced this at an inaugural session of the 'National Labour and Employment Conference-2081' organized by the Ministry of Labour, Employment and Social Security, today.     

A memorandum of understanding was signed between the government and 10 different umbrella organisations of private sector to create employment and impart training for youths.     

On the occasion, MoU was signed between the National Skill Development Corporation and Computer Association of Nepal, Hotel Association Nepal, Federation of Contractors' Association of Nepal, NADA Automobiles Association of Nepal, Garment Association of Nepal, Federation of Grill and Steel Fabricators Nepal, Federation of Nepal Gold and Silver Dealers' Association, E-core International Trenik Pvt Ltd and Global Qualification and Motherland Skill Academy.     

Similarly, the Ministry of Labour, Employment and Social Security and the Swiss Agency also signed MoU for the expansion of the integrated market information system under Prime Minister Employment Programme.  

Minister for Industry, Commerce and Supplies Damodar Bhandari said that the private sector has contributed to the growth of the national economy even by taking risk, reiterating on the government's policy of encouraging the private sector.     

"The government has initiated various aspects of policy reforms, which are reflected in the economy. Innovative programmes have been brought considering the need to encourage the private sector to ensure employment, promote entrepreneurship and create hope by overcoming frustration," he added.     

Prime Minister's Economic and Development Advisor Dr Yuba Raj Khatiwada said the government's vision is to end forced foreign employment, send of competitive skill-based manpower to the international labour market, to ensure social security in bilateral labour agreements and to end the compulsion to go for foreign employment again and again.   

Federation of Nepalese Chambers of Commerce and Industry (FNCCI) President Chandra Prasad Dhakal stressed the need of removing policy ambiguities that discourage the private sector.

"Only when the private sector can promote entrepreneurship in a confident manner can employment opportunities be created. As the policy making process is in the progress, attention should be paid to this, immediately amending the law and creating an investment-friendly environment," he said. 

President of the Joint Trade Union Coordination Centre (JTUCC), Jagat Singhkhada, stressed the need of creating an environment of cordial labour relations by increasing the minimum wage of the workers, effective implementation of the social security scheme and repealing the anti-worker provisions of the Labour Act. 

During the two-day conference, discussions will be held on identifying and promoting potential areas for domestic employment generation, enhancement and expansion of employment services and facilities in Nepal, various dimensions of labour migration management, Nepal's potential in the development of information technology and employment generation, use of foreign employment knowledge, skills and capital to increase production and productivity.     

Earlier, the government had organised labour and employment conferences in 2054 BS, 2061 BS, 2069 BS and 2076 BS.