Govt planning to implement Employment Bank, PM says

Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said that the government would implement the concept of Employment Bank to ensure employment to the available human resource on the basis of knowledge, skills and technical expertise.

The PM argued that the Employment Bank will deal with the issue of demand and supply of jobs and entrepreneurship development.
Addressing the Shramadhan Employment Fair here today, the PM said entrepreneurship development would be expedited by best utilizing the labour, skills and experiences of the returnee migrants and others staying within the country.

PM Prachanda said that the government has made needed provision in the upcoming fiscal year’s budget to ensure employment to as many as 100,000 returnee migrants as per their knowledge, capital, skills and technical expertise.

On the occasion, the PM said welfare of the workers will be protected for their good health and wellbeing to align the SDGs and policies and programmes of the government.

Similarly, the PM added that the government was working to increase domestic employment through entrepreneurship development by the proper utilization of remittance.

The PM said country’s prosperity and citizens’ wellbeing should be promoted by ensuring domestic jobs to the citizens in the long run.
“The government has planned to make the potential job aspirants more competitive by promoting their skills and capacity building.

Implementation of employment fair will directly benefit large number of youths entering the labour market,” PM Prachanda said.

Saying that the prosperity journey could be advanced through employment generation and development of decent labour, the PM appealed to the stakeholders for a joint effort and cooperation to materialize this.

The PM also termed the ‘Shramadhan Employment Fair’ a meaningful intervention and hoped that the fair will be instrumental to tap into the opportunities on labour and employment sector and to offer a one-stop solution to the problems.

Likewise, the PM shared that several new programmes have been introduced in the new budget for the upcoming fiscal year for employment creation, entrepreneurship development of returnees, revive the agriculture sector and others.