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Consensus between NIC and Nepal Government: concluded the ongoing strike

In April 2023, Mahabir Pun, the chairman of Nepal's National Innovation Center, initiated a protest at Maitighar Mandala in Kathmandu. His primary demand was for the government to prioritize innovation and research to foster job creation and entrepreneurship within the country. After four days of continuous agitation, on May 1, 2023, Pun and the government reached a seven-point agreement. Key provisions of this agreement included the government's commitment to allocate at least one percent of the annual development budget to support innovation and research. Additionally, the government agreed to draft and present a bill within 60 days to manage and operate a dedicated fund for these purposes. Following this agreement, Pun called off all protest activities.
 

The Seven Point Agreement includes: 

1. The Nepal government will establish a fund to conduct research and development, innovation and invention related activities in an integrated manner and will invest in research and development, innovation and invention related activities from this fund.

2. Introduce and pass a bill in the upcoming session of the federal parliament for the management and operation of the fund. The draft of the bill will be prepared within the next 60 days in consultation with stakeholders.

3. Deposit one percent of the federal government's capital budget in the Research and Development, Innovation and Invention Fund from the next financial year.

4. Make necessary policy, legal and institutional arrangements to promote research and development, innovation and invention. Facilitate the improvement of laws related to permits, licenses, registration, operation and stability required for goods and services produced from inventions.

5. Pay attention to other issues mentioned in the demand letter while making the law.

6. Review the above-mentioned issues with both parties.

7. All protest programs including the ongoing strike under the leadership of Mahavir Pun will end now. 

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