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Job opportunities for 50,000 youths in one year : YSESEF’s executive director

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KATHMANDU — Executive director for the Youth and Small Entrepreneur Self Employment Fund (YSESEF) Dr Bishnu Prasad Gautam has said employment opportunities would be created within next one year for 50,000 youths through the YSESEF itself.

“Cooperatives’ help and cooperation are the most for making youths become self-employed, through which one wanting to start his or her own business can get loan without collateral released by the YSESEF,” he said, while claiming that so far 45,000 youths have been made self-employed through the YSESEF.

Dr Gautam was addressing the 17th general assembly of Srijana Cooperative at Baganaskali rural municipality in Palpa on Saturday.

The YSESEF in the first phase will release up to Rs 5 million to each cooperative meant for youths wanting to start their own business.

In the second phase, a cooperative can receive up to Rs 7.5 million for the same purpose.

The YSESEF was established in 2065 BS with the purpose of helping youths start their own business by offering loan without collateral. A firm invested by the YSESEF will also be insured.

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Drinking water shortage hits life at Yasok in Panchthar

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PACHTHAR — A shortage of drinking water at Yasok Bazar, the center of Kummayak Rural Municipality, has thrown the normal life of the locals out of gear.

The problem arose after the local market management committee removed water pipes installed in the bazaar area. Per household here was getting 50 liters of drinking water once in two days before this.

Water scarcity here is not a new occurrence at Yasok which normally remains dry, but the complete disruption in the supply of taps water has paralysed the life, according to local hotelier Keshab Thapa.

There is no natural or artificial water source nearby the area and locals are forced to dependent on the supply by the local government through tractors in a very limited quantity.

The rural municipality has started fetching water from the local Chhorunga stream and distributing it to the locals. Tractors are used to transport stream water to the area.

Earlier, the 650 households at Yasok were using drinking water supplied by the Yasok Deurali Drinking Water Project. Regular supply (once in two days) was too less to meet demand. There is a demand for some 250,000 liters of water at Yasok per day.

According to Yasok Market Management Consumers Committee secretary Mahendra Bahadur Khadka, water pipes were removed (without any alternative arrangements) in course of market management efforts and it will take some more days to restore them and water scarcity is to go for more few days

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