Labour Market, Foreign Employment and Remittance in Nepal

Abstract

Foreign employment is an important part of Nepalese labour market. The national poverty reduction strategy and the previous plans have given priority to foreign employment as a source of labour absorption and poverty alleviation. This study focuses on Nepalese labour market condition, foreign employment, remittance inflow and their contribution on national economy. In Nepal, foreign employment and remittance inflow have been issues of concern over the last two decades. In this connection foreign employment was estimated to be 4.36 million up to the fiscal year 2016/17 (except India) and 56 percent households had received remittances in the fiscal year 2010/