Nepal; A Land of Opportunity

Nepal is a small landlocked country located in the southeast region of Asia. It lies between two big developed countries, China and India. The total population of Nepal in 2020 is estimated at 29,136,808 people at mid-year according to UN data which is equivalent to 0.37% of the total world population. A developing country, it consists of various opportunities for the population.

An estimated three million Nepalese are migrant workers who have gone abroad to earn money. The nation has witnessed more than 10 percent of its population on a Brain Drain; who are of productive age group, 20 to 40 years of age. If these groups of people can return back to the nation and work here using the skills and knowledge gained back in the foreign land then we can have benefits such as economy, production and employment. 

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The present scenario of Nepal has been occupied by the concept of going abroad to earn. Most of the Nepalese youths dream of working abroad to earn money.  There are various Nepalese classified as Non-Residents Nepali, who are businessmen having a profile of billions. 

Being a developing country, there are a significant number of opportunities that many of us fail to see. Nepal is slowly progressing on the verge of digitization. Digitalization has lots of opportunities, especially for youth. A person can be a successful entrepreneur if he utilizes the integrated business model and his creative ideas. 

Being a developing country, there are a significant number of opportunities that many of us fail to see. Nepal is slowly progressing on the verge of digitization. Digitalization has lots of opportunities, especially for youth. A person can be a successful entrepreneur if he utilizes the integrated business model and his creative ideas. 

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We can have an example of online business services and home delivery business as the entrepreneurship on digitalization. Within this period of lockdown on global pandemic, various small online businesses have been started and grown rapidly. The concept of this thing is that we can use the available resources and can be a successful entrepreneur in our own nation. Similarly, there are various opportunities in agriculture, hospitality industry, education and many more. 

The global market was not created by a miracle. Those who are successful global entrepreneurs on today’s date also begin with small ideas about their own nation with the limited resources available. So, there are lots of opportunities in Nepal too. An optimistic youth needs to find it out and work on it developing the skills and knowledge required and create a platform within the resources available then we can earn and develop our own nation with a collective effort. Hence, Nepal is a beautiful land with lots of opportunity if you see it with a creative and entrepreneur mindset.  

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Nirdeep Kafle is a student from KU GATE 1st Batch

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