Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Ministry of Labor, Employment and Social Security has introduced a Labor Information Bank to provide real-time information of the jobs and human resources available in the labor market.
At a time when millions of people have become jobless due to the coronavirus pandemic, the government launched the banking service with an aim to provide information about available jobs and personal profiles of capable human resources to fill the gap in the job market.
The bank will serve as a job portal and also as a job search and job exchange center for both employers and employees. With this, potential employees seeking employment can now avail any kind of information regarding various jobs through the bank.
According to the press release issued by the ministry on Sunday, it started implementation of the Employment Management Information System (EMIS) and recorded 383,595 people who were working in 753 entities, listed as unemployed.
The banking service will be operated in coordination with the EMIS available at all the local levels of the country. The statement also mentions that the ministry is working to address the impact of COVID-19 on the working classes and also to rescue people who have lost their jobs due to the pandemic as per a decree of the Supreme Court.
Moreover, the statement also mentions about providing jobs to 200,000 people under the Prime Minister Employment Program as per its aim to create employment opportunities for 500,000 people through the public and private sectors and special programs in the current fiscal year 2020/21.
Likewise, the ministry will be providing job training to 62,340 people and also improving the facilities at the skill development training centers.
Minister Rameshwor Raya Yadav launched the bank’s website- www.lib.gov.np – amid a press conference on Sunday.
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