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

Gorkha Post



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.

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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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2018 to be marked as high-level visit year : Minister Gyawali





KATHMANDU — Minister for Foreign Affairs Pradip Gyawali has said that the year 2018 would be made the high-level visit year to solicit assistance for economic development.

Minister Gyawali, at an interaction programme in the capital city today, said that the high-level visit would be helpful to collect assistance for Nepal’s development and prosperity.

“Homework to invite Indian PM Narendra Modi and Chinese President Xi Jinping would begin very soon. Chinese President Xi Jinping was invited in 2016 but his visit could not happen due to change in government. This time, high-level visits from the USA, the UK, Japan and other countries would be arranged,” Minister Gyawali said.

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He also added that the visit from Prime Minister of Pakistan held last month increased goodwill and was concentrated on holding the stalled SAARC Summit.

On the occasion, the Foreign Affairs Minister said that truce in Syria should be held as the children are falling victims to the war.

He also pledged to work to increase Nepal’s access to UN adding that our approach is not established in comparison to Nepal’s contribution to peace keeping mission. Minister Gyawali reiterated his commitment to not allow Nepal’s soil to be used against any nation.

The Foreign Affairs Minister said that Nepal’s relations with China and India would be based on our necessity instead of an alternative to one another.

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