Nepal declares ‘Decade of Information Technology’: President Paudel unveils vision for digital transformation

KATHMANDU: In a landmark announcement, the government of Nepal has declared the forthcoming decade as the “Decade of Information Technology,” aiming to usher in a new era of digital transformation and economic growth. President Ramchandra Paudel, while presenting the policy and program for the next fiscal year in a joint meeting of the Parliament, outlined ambitious plans to leverage technology for social and economic development.

Central to this initiative is the goal of providing employment opportunities to 5,000 individuals, with a strategic focus on bolstering the information technology (IT) sector. President Paudel emphasized the importance of developing indigenous software solutions and systems within the public sector, signaling a shift towards self-reliance and innovation.

Highlighting the significance of IT in driving global competitiveness, President Paudel reiterated Nepal’s commitment to positioning itself as a leading hub for IT industry development and service exports.

Under this vision, efforts will be made to establish Kathmandu valley and strategic locations in each province as operational hubs for IT workstations, facilitating job creation and economic empowerment.

Moreover, the government is set to introduce incentive programs aimed at promoting the operation of Pokhara and Bhairahawa International Airports, recognizing the pivotal role of aviation infrastructure in fostering regional connectivity and economic vitality. These incentives are part of broader efforts to optimize the utilization of key infrastructural assets and attract investments that drive sustainable growth.

While acknowledging the challenges posed by existing loan investments in large-scale infrastructure projects, the government remains committed to overcoming barriers to operational efficiency. Additional incentive programs will be devised to ensure that infrastructure projects translate into tangible benefits for the economy and society, aligning with broader objectives of inclusive development and prosperity.

The policy and program unveiled by President Paudel underscore a forward-thinking approach towards harnessing the potential of information technology to address pressing socio-economic issues and propel Nepal towards a digital future.

By fostering an environment conducive to innovation, entrepreneurship, and skills development, the government aims to unlock new opportunities for growth and prosperity across all sectors of society.

Furthermore, the emphasis on indigenous software development and local capacity building reflects a strategic shift towards self-sufficiency and resilience in the face of global challenges.

As Nepal embarks on this transformative journey towards becoming a global IT hub, collaboration between government, private sector, and civil society will be crucial in realizing the full potential of technology as a catalyst for progress.

In summary, the government’s ambitious agenda for the Decade of Information Technology heralds a new chapter in Nepal’s development trajectory, characterized by innovation, inclusivity, and sustainable growth. With concerted efforts and strategic investments, Nepal is poised to emerge as a dynamic player in the global digital economy, driving prosperity and opportunity for generations to come.

Fiscal Nepal |
Tuesday May 14, 2024, 04:59:55 PM |

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