From Education to Opportunity: Investing in Nepal’s Youth for More and Better Jobs

  • From handloom artisans in Bhaktapur, to formally contracted delivery riders operating across Bharatpur, Biratnagar, and beyond, to agricultural and floriculture workers in Surkhet — ESP-supported ventures are creating meaningful jobs across Nepal.
  • Through ESP, over 1,900 students and graduates received entrepreneurship training, and 62 ventures received collateral-free, interest-free seed financing averaging NPR 2 million each — helping young Nepalis turn ideas into income-generating businesses.
  • With 500,000 young people entering Nepal’s workforce every year, ESP is helping higher education institutions go beyond traditional academics by partnering with the private sector, establishing business incubation centers at six universities, and equipping graduates with the practical skills the labor market demands.
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Better Jobs: Evidence from the Life in Transition Survey

Jobs are the surest path out of poverty, but not all jobs are the same. “Good jobs” provide not only income but also stability, security, and benefits that enhance well-being and strengthen communities.

These distinctions became evident in the latest Life in Transition Survey (LiTS) conducted by the European Bank for Reconstruction and Development (EBRD) in collaboration with the World Bank. More than half (54%) of respondents identified sufficient income as the most important characteristic of a good job, followed by job stability (23%), good working conditions (11%), and benefits (5%). Yet these features are often missing in the widespread informal employment found across Europe and Central Asia (ECA), and the Middle East and North Africa (MENA).

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