Mismatches in labour market

Nepal is entering a new phase of industrial practices in line with global trends.

In addition to difficulties in mobilising financial resources, Nepal’s industrial sector is now facing an acute shortage of skilled and semiskilled labourers. The situation in the agricultural sector which contributes 23.9 percent to the gross domestic product is no different. According to private employers, the shortage has pushed up wages to unfeasible levels, forcing them to hire migrant workers from neighbouring countries.