Four years back CIJ report exposed how government’s Youth Self-employment Fund, set-up to help unemployed youths kick-start their own business was being funneled to fund local politics. Our new investigation shows, situation hasn’t changed at all.
KALPANA BHATTRAI- Centre for Investigative Journalism
In 2008 the Maoist-led government announced ‘Youth Self-Employment Fund’ program to provide un-mortgaged loans of up to Rs 200,000 at low interest rates to unemployed youths for setting up their own business. The objective of this program was to ease the growing pressure in the jobs market, by helping skilled youths who cannot find jobs to self-employ and start their own business.