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Although foreign employment has many benefits, it can also be harmful in the long term. Here are some positive and negative effects of foreign employment.
Positive Effects or Benefits of Foreign Employment in Nepal are given below:
1.Reducing Unemployment: Foreign employment has played a significant role in addressing the urgent unemployment problem in Nepal.
2.Remittance Income: Due to foreign employment, remittance income has increased. As the number of people going abroad for work grows, the remittance income also rises.
3.Skilled and Trained Workforce: People going for foreign employment become familiar with new technologies and gain skills while working abroad. When they return to Nepal, they can use their skills and knowledge to contribute to the country’s development.
4.Improved Standard of Living: People working abroad send the money they earn back to their families in Nepal. This increases the family income and improves their standard of living.
5.Reducing Poverty: People working abroad send money to their families, which increases their household income. This improvement in income raises the living standards of poor families and helps reduce poverty in the country.
Negative Effects or Drawbacks of Foreign Employment in Nepal:
1.Shortage of Human Resources in the Country: As many young people migrate for foreign employment, there is a shortage of workers needed in agriculture and industries in Nepal.
2.Brain Drain: Developed countries offer we attractive salaries and job opportunities to skilled and educated individuals. As a result, many talented, skilled, and educated people from countries like Nepal migrate abroad, preventing rapid development in their home country.
3.Mismanaged Families: When the head of the household migrates for work abroad, there is a lack of care for children and elderly parents. This can lead to children missing school, dropping out, poor nutrition, and lack of proper healthcare. Family life may become disorganized, leading to social problems such as marital issues and family breakdowns.
4.Human Cost: People working abroad have to live away from their families and work hard to send money home. Many Nepalese workers also face harsh conditions and even death while working in foreign countries.
5.Trade Deficit: Nepal faces a significant trade deficit, partly due to foreign employment and remittance income. The increased demand for consumer goods due to remittances is met by imports from other countries. This leads to a higher import rate than exports, weakening the trade deficit in Nepal.