Nepali students going abroad for studies declines by 50%

The number of Nepali students seeking to go abroad for further studies has declined by more than 50% in the fiscal year 2010/11. Only 11,912 students obtained no-objection letters from the Education Ministry as compared to the previous fiscal year when 26,948 students had obtained their no-objection letters. Consequently the Education Ministry was able to collect only 23,800,000 rupees as compared to the Rs. 53,800,000 revenue generated the previous year by issuing no-objection letters. The latest decrease is the result of tightened visa policy adopted by Britain, United States of America and our very own Australia, which are the most preferred destination for Nepali students. The reduced students numbers are affecting the Australian economy in a big way as reported here.