The Federal Government’s NPR 1647.6 billion budget this coming Nepali Fiscal Year places significant focus on controlling the Covid-19 pandemic, deploying customised tools to revive the economy, and job creation: a combined 1.36 million jobs are expected to be created this year. NPR 6.54 billion is budgeted across various ministries for skill development and awareness, of which 66.75% (NPR 4.36 billion) is intended to come through foreign assistance. Among several programmed initiatives, the Ministry of Industry, Commerce and Supplies has set aside one billion rupees to work with the private sector to create 25,000 jobs through apprenticeship-based training. Further, digital transformation has been accorded due priority, including to adopt an industry 4.0 revolution approach. And, as part of the ‘Made in Nepal’ and ‘Make in Nepal’ campaigns, to be spearheaded by CNI and other similar entities, the government will work with the private sector and deploy necessary policies including apprenticeship support, and tax relief to industrialize the country on a larger scale.