'Role of Micro Enterprises Vital for Development of Nepal'

November 6: Experts at an interaction programme said that the role of micro enterprises is highly important for developing countries like Nepal. 

Micro Enterprise and Development in Nepal (MEDIN) Summit-2017 jointly organized by Handong Global University, South Korea and School of Management, Tribhuvan University (SOMTU) in the capital on November 5 held discussions on different thematic areas of micro enterprises. The programme was sponsored by the Ministry of Education of South Korea, UNESCO and UNITWIN.

The summit was organized with an aim to initiate and promote multi-stakeholder discussions among academic circles, public policy makers, civil society leaders, development institutes, entrepreneurs and development agencies. Similarly, the summit also showcased the best Nepali and international practices on microenterprise development in the context of socio-economic development of Nepal.

Speaking at the function, Prof Kee-Seon Yoo, dean of School of Management and Economics and director of Joint International Education Program, Handong Global University, said that management knowledge and skills are important for managing social development of the country.

Pushkar Bajracharya, professor emeritus at the Faculty of Management of TU, highlighted importance of business management education in every sector.    

Likewise, Dr Arhan Sthapit of the Faculty of Management at TU stated that local products from micro enterprises can uplift the economic development by using local knowledge and skills.

Discussions were held on different thematic areas of micro enterprise such as the roles of micro enterprises in Nepal’s development efforts. Social innovation for sustainable development in Nepal, role of NGOs and INGOs and role of MBA programmes in Nepal’s development efforts were also discussed at the summit.