Japan provides Rs 274.1 million grant assistance for JDS Scheme

KATHMANDU: The government of Japan has decided to provide 282,000,000 Japanese Yan, the equivalent of about Rs 274.1 million in grant assistance to Nepal under Human Resources Development Scholarship (JDS) Scheme.

Secretary of the Ministry of Finance, Rajan Khanal, and Japanese Ambassador to Nepal, Masamichi Saigo, signed and exchanged agreements on Human Resources Development Scholarship (JDS) Scheme today amid a programme held at Ministry of Finance.

Likewise, Chief Representative of the Japan International Cooperation Agency (JICA), Jun Sakuma, and Joint Secretary of the International Cooperation and Coordination Division of Finance Ministry, Shreekrishna Nepal, have signed and exchanged a grant agreement for the implementation of this Scheme.

The JDS grant is designed to support human resource development of friendly nations through accepting highly capable, energetic, and young government officials in eight designated Japanese universities as JDS fellows. These officials are then expected to engage in formulation and implementation of socio-economic development plans and programmes, and are also expected to be future leaders or engines for development in their respective countries.

Another objective of the JDS Scheme is to strengthen the partnership between recipient countries and Japan by utilising human relation chains to address future global needs.

Twenty Nepalese government officers were selected as the third batch of Nepalese JDS fellows through a strict evaluation process.