Partnership with private sector must to reduce unemployment: Minister Mahat

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Kathmandu, Oct 6: Finance Minister Dr Prakash Sharan Mahat has said cooperation and collaboration between government and private sector is essential to address the unemployment problem in Nepal.

Addressing an interaction organized by Nepal Training and Employment Entrepreneurs’ Federation here Thursday, Minister Mahat viewed professional and skill-based training should be provided based on market need. Only demand based training can create jobs and contribute to the national economy, he argued.

He stressed that the Federation could produce competent workers in the wake of the exodus of Nepalis to foreign land for employment. It is worrying that the country has shortage of both competent human resources and employment opportunities.

Minister Mahat commented that although many institutions including Labour Department, Department of Foreign Employment and private sectors were providing trainings, they were yet to be result-oriented.