Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: In a groundbreaking initiative to enhance employment opportunities and boost industry productivity, the Micro, Cottage and Small Industries Promotion Center (MCSPC), along with the Confederation of Nepalese Industries (CNI), has entered into a tripartite agreement with six prominent industries.
Litmus Industries, Arihant Multi Fibres Limited, Kiran Shoes Manufacturers, Baba Jute Mills, Modern Slipper Industries, and Run Shoes Industries are the key signatories to this agreement.
The agreement outlines the commitment of these industries to select and train 1,665 workers through workplace-based employment training programs.
The trained individuals will subsequently be provided with employment opportunities for a minimum period of 18 months. Notably, the MCSPC will cover the wages of the trainee workers for a maximum of three months on behalf of the government.
The official signing ceremony took place on Sunday, with Deepak Ghimire, Executive Officer of the MCSPC, Deepak Raj Joshi, Director General of the CNI, and representatives from the participating industries putting pen to paper. The MCSPC operates under the Ministry of Industry, Commerce, and Supplies.
The event saw the presence of key figures, including Industry, Commerce, and Supplies Minister Ramesh Rijal, Industry Secretary Mukund Prasad Niraula, CNI President Rajesh Kumar Agarwal, and various industrialists.
Minister Rijal expressed optimism about the positive impact of the agreement on both employment opportunities and industrial productivity. He highlighted the government’s commitment to fostering an environment conducive to economic growth and job creation.
CNI President Agarwal acknowledged the keen interest from other industries in similar agreements, revealing that nine industries had applied for 2,100 trainees through the CNI. While challenges related to curriculum and logistics limited the signing to six industries, Agarwal emphasized the need to enhance the program’s effectiveness in the future.
This initiative aligns with current trends in employment training, fostering collaboration between government bodies, industry associations, and key enterprises to address the growing demand for skilled workers in Nepal’s thriving industrial landscape.
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