“UNEMPLOYMENT: BURNING ISSUE OF NEPAL”

From childhood to till then I am listening from parents the few slogans that is, “Learn hard to get a better job”. I studied hard and got a good degree but now I am unemployed; a few days before one of my brothers told to me. I read the newspaper a few days before and found 98000 people are fighting for 6000 seats, even it is a good amount of jobs. A few days ago, I took an interview with a person who did MBA in finance for the job of Clark in our company. The reality of the past is totally different nowadays. 

The burning issue which the government is facing is not producing the jobs to their people. Many people are unemployed getting a qualified degree from the good renown university the reason behind this is due to lack of job-oriented education. This is only considered for the educated people but what the situation for the uneducated and unskilled people even we cannot think. Due to unemployment, the poverty rate is also rising nowadays. As unemployment increases the criminal activities goes on rising. People need money to live if there is a lack of money people start to do criminal activities. The unemployment of youth in a country is directly related to the per capita income of the nation and the total product consumed and produced.

People are not getting jobs in the job market as the job market is declining at present. As there is a lack of companies, production houses and other job-producing platforms then it is impossible for the persons to get jobs. Education hubs are producing an educated person in the rapid amount who are not capable of doing any sorts of education-related jobs. More than 60% of educated people are jobless currently. Nepal is facing this problem as those who are capable of doing jobs are also not getting due to which they are forced to leave the nation. Many skilled persons are leaving the nation in search of quality life and quality job and another issue of Brain drain are occurring nowadays. 

The other reason of unemployment in Nepal is Nepalese people don’t want to grow agricultural products and they are leaving the jobs of farming due to lack of proper donations and loans to the farmers and fulfillment of agricultural production goods. Nepal government is also not giving the high priority to the startups which provide jobs to thousands of qualified or unqualified people. Due to lack of improper taxation and unstable government startups are also not growing popularity.

To solve this issue of unemployment the government should establish a new scheme in which farmers get benefited as Nepal is an agricultural country. Startups should be given priority where the government should provide low-interest loans to these sorts of works and tax must be very minimum or even free for a few years. Establishment of new companies, warehouses which provides many jobs to the people. Nepal should go in the phase of industrialization where maximum jobs are produced. If the unemployment rate is not minimized within a few years then the coming issues will be very devastating.