July 23: The government of Japan has extended its grant assistance of 300 million Japanese yen (approximately Rs 305.7 million) to the Government of Nepal for the fourth year of the School Sector Development Program (SSDP).
In this regard, JICA Nepal signed grant assistance agreements for two projects - SSDP and Human Resource Development Scholarship (JDS) amid a function at the Ministry of Finance on Monday, July 22.
Japan also provided 250 million yen (Rs 254.7 million) for the fourth batch of the first phase of JDS and 378 million yen (Rs 385.7 million) for the first batch of “the Project for Human Resource Development Scholarship: (JDS)” for FY 2019/20, JICA said in a statement.
Exchange of Notes for the assistance were signed and exchanged between Japanese Ambassador to Nepal Masamichi Saigo and finance secretary Dr Rajan Khanal on behalf of their respective governments. On the same occasion, Shreekrishna Nepal, joint secretary at the Ministryof Finance and Yumiko Asakuma, chief representative of JICA Nepal, signed the grant agreements.
According to JICA, the SSDP was implemented from July 2016 and aims to consolidate gains from previous reform programs and continue crucial reforms needed in the school education sector through the SWAP modality.
“The overarching mission of the SSDP is for Nepal’s schools to produce the needed human resources to elevate the country’s status from a least developed country by 2022 and to reach the goal of achieving the status of the level of the middle-income country by 2030,” the statement said.
The purpose of the SSDP is to improve equity, quality, efficiency, governance and management of the education sector, JICA further said.
Meanwhile, the JDS offers 2-year scholarship for masters degree to 20 government officials under the batch of first phase and 20 scholarships for masters degree and two for PhD for those who are engaged in formulating and implementing socio-economic development planning.