Abstract

The article provides a framework for the rapid advances in the 4th IR (Industrials Revaluation) efforts in the future of Nepali workforces and labor. The industrial revolutionize the future labor market, with machines replacing human labor due to savings through labor costs will be substantial for competitive markets. Agriculture, hydroelectricity, tourism, and the labor force have been identified as the key drivers of the economic growth of Nepal, and we should be intensely concerned for the future of the workforce. Due to the lack of technological education facilities, development of intensity from the government, priority, and implementation, this modern problem appears graver than envisaged. The increasing adoption of AI (Artificial Intelligence) profoundly changes the old foundation’s concept of labor and its reforms introduced by the Global capitalist industrial system. For that, is Nepal ready to challenge embracing the labor market and its properties since our economy relies heavily on unskilled worker’s remittances? The study is based on a review of the existing literature relevant to the objectives of this study, which includes government data, books, book chapters, journal articles, newspaper articles, policy documents, consultancy reports, and online documents, research reports from various national and international organizations.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.