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Nepal will graduate to developing country soon: PM Oli


26 November 2020  

Time taken to read : 3 Minute


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KATHMANDU: Prime Minister KP Sharma Oli has stressed the need of advancing social security scheme with coordination, collaboration and cooperation among the three tier governments.

Addressing a program organized by the Social Security Fund on the occasion of the Third Social Security Day today, PM Oli said the government was committed to forward the broader concept of social security and its effective implementation.

“Nepal’s constitution itself has the provision of protecting people facing poverty, paucity and helplessness. The social security scheme was brought to implementation in line with constitutional provision,” PM Oli reminded, adding that government has been providing guardianship to children who lost guardians.

The PM further mentioned, “There are no street children nor the helpless people as in the past. Government is working to civilize the human society. The workers in the informal sectors will also be included in the security ambit.”

According to the PM, Nepal was heading to its goal of being graduated to the status of developing country from the least developed country. “It is imperative for us to implement the related aspects to make Nepal known as sustainable state. In this regard, we achieved 14 standards since last year. We’re in a way to achieve the remaining score. We’re ahead in terms of development,” he stressed.

Saying enough attention has been paid to gain labor-related goal of the Sustainable Development Goals, Prime Minister Oli shared that the plan has been forwarded for the operation, growth and scope of social security fund, number of participation, strengthening and development of the fund in order to meet the set goals and outcome.
There are 17 main goals and 169 outcomes related to SDGs.

The eight number point of the main goal has mentioned the arrangement provision related to labor, social security and worker’s right.

Recalling that social security concept was introduced by distributing senior citizen allowance during its nine-month tenure of the CPN (UML) government, he opined that a new concept of social security based on contribution was initiated thinking every citizen should be aware and should contribute in terms of social security.

Similarly, Minister for Labour, Employment and Social Security, Rameshwor Raya, expressed commitment to incorporate unorganized and self-employed workers under social security sector.

As of Wednesday, 12,915 employers and 179,791 contributors have been affiliated with the Fund. So far, contribution funds worth Rs 3.1 billion has been collected and the Fund has released claim payments worth over Rs 14 million.

Publish Date : 26 November 2020 18:41 PM

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