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    Nepal PM Prachanda Concerned About Money Outflow for Higher Education

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    Nepal PM Prachanda Concerned About Money Outflow for Higher Education

    The Prime Minister was addressing the inauguration programme of the Association of Indian Universities (AIU) – North Zone Vice Chancellors’ Meet 2024 and the Bharat-Nepal Higher Education Summit on Thursday.

    Nepal’s Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has called for a stop to the ‘economic outflow’ from Nepal-like countries of the South for higher education. He underscored the need to make efforts to retain within the country itself a majority of the youths and the resources they have. 

    The Prime Minister was addressing the inauguration programme of the Association of Indian Universities (AIU) – North Zone Vice Chancellors’ Meet 2024 and the Bharat-Nepal Higher Education Summit on Thursday.

    “There is a huge outflow of money from countries like Nepal on higher education and this trend should now be reversed,” the Nepalese Prime Minister said, pointing out the need to re-evaluate the internationalization of higher education. “We should create an environment conducive for those youths seeking opportunities globally.” 

    Stating the education sector is struggling against the challenges brought by global forces, the Prime Minister said the latest trend of students and intellectuals getting drawn to the universities of the North is seen as they have invested many resources in skill and education development.

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    Prachanda further added that, “The balance of higher education is seen tilted towards the North.  Although the education system of the North has attracted international students due to the expensive budget, this situation cannot last long.”

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