{"id":404485,"date":"2025-03-20T13:06:41","date_gmt":"2025-03-20T07:21:41","guid":{"rendered":"https:\/\/radionepalonline.com\/en\/?p=404485"},"modified":"2025-03-20T14:25:30","modified_gmt":"2025-03-20T08:40:30","slug":"pm-oli-announces-startup-loans-for-500-youth-highlights-job-creation-efforts","status":"publish","type":"post","link":"https:\/\/radionepalonline.com\/en\/2025\/03\/20\/404485.html","title":{"rendered":"PM Oli announces startup loans for 500 youth, highlights job creation efforts"},"content":{"rendered":"<div>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-404486 size-large\" src=\"https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/03\/485443718_1168986955018144_3716485845417465184_n-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/03\/485443718_1168986955018144_3716485845417465184_n-1024x683.jpg 1024w, https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/03\/485443718_1168986955018144_3716485845417465184_n-300x200.jpg 300w, https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/03\/485443718_1168986955018144_3716485845417465184_n-768x512.jpg 768w, https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/03\/485443718_1168986955018144_3716485845417465184_n-1536x1024.jpg 1536w, https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/03\/485443718_1168986955018144_3716485845417465184_n.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p class=\"css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy\" dir=\"ltr\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy\"><strong>March 30, Kathmandu:<\/strong> Prime Minister KP Sharma Oli announced that the government would provide startup loan assistance to at least 500 young entrepreneurs this year to promote entrepreneurship. <\/span><\/span><\/p>\n<p class=\"css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy\" dir=\"ltr\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy\">Addressing lawmakers\u2019 questions in the House of Representatives on Thursday, he said the selection process for applicants seeking concessional loans to encourage creativity and innovation was in its final stage. <\/span><\/span><\/p>\n<p class=\"css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy\" dir=\"ltr\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy\">Oli emphasized that the government aimed to boost domestic production and employment through such initiatives, noting the recent conclusion of the National Labor and Employment Conference.<\/span><\/span><\/p>\n<p class=\"css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy\" dir=\"ltr\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy\">He acknowledged that youth migration abroad was a global trend and should not be viewed entirely negatively, as it reflected expanded opportunities. <\/span><\/span><\/p>\n<p class=\"css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy\" dir=\"ltr\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy\">However, he stressed that the government was actively creating entrepreneurship and job opportunities domestically, urging against the spread of pessimism about the country\u2019s potential. <\/span><\/span><\/p>\n<p class=\"css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy\" dir=\"ltr\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy\">PM Oli highlighted ongoing efforts to improve the industrial investment climate, attract foreign investment, and reduce the trade deficit through export promotion and import management.<\/span><\/span><\/p>\n<p class=\"css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-a8ghvy r-p1pxzi\" dir=\"ltr\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy\">Additionally, he reported progress on healthcare initiatives, including a feasibility study for a modern birthing hospital in Lumbini Province, and updates on the sustainable operation of Gautam Buddha International Airport, where incentives like fee waivers had been introduced to boost international flights.<\/span><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>March 30, Kathmandu: Prime Minister KP Sharma Oli announced that the government would provide startup loan assistance to at least 500 young entrepreneurs this year to promote entrepreneurship. Addressing lawmakers\u2019 questions in the House of Representatives on Thursday, he said the selection process for applicants seeking concessional loans to encourage creativity and innovation was in &hellip;<\/p>\n","protected":false},"author":8,"featured_media":404486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75,8,3,6,4,5],"tags":[],"reporter":[],"class_list":["post-404485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-administration","category-en-cover","category-english","category-en-featured","category-en-news","category-top-stories"],"acf":[],"_links":{"self":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/404485"}],"collection":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/comments?post=404485"}],"version-history":[{"count":3,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/404485\/revisions"}],"predecessor-version":[{"id":404489,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/404485\/revisions\/404489"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/media\/404486"}],"wp:attachment":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/media?parent=404485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/categories?post=404485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/tags?post=404485"},{"taxonomy":"reporter","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/reporter?post=404485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}