Remittance is NOT helping!! | WSO | Binayak Kuikel

Nepal's economy relies heavily on money sent home by citizens working abroad, i.e. remittances. While this provides much-needed income for families, can it be a crutch in the long run? This video appreciates the positive impacts of remittances but also dives into the potential downside.
What is remittance?
Is Nepal living on remittance?
Remittance in Nepal.
Is too much remittance good?
What if remittance stops in Nepal?
Where is remittance money going?
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TITLE SPONSOR
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(Abroad Study and Test Preparation)
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Content and Research: Kapil Pokhrel, Ramesh Gajurel, Binayak Kuikel
Edit: Sagar Bhatta
Thumbnail: Biphson Nepali
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[@thesecretguy275]

"Nepal krisi pradan desh hoina nepal garib desh ho" ~ wise bald man

[@oshashi5793]

😂

[@deepweb1684]

😂😂😂

[@user-ci5hv4nr5l]

😂😂

[@BlissOn47]

Please never stop spreading awareness about different topics. Small efforts will definitely add up.

[@user-gy1cn4ng3c]

Shaving my hair nowadays to look like my inspiration

[@nis62]

W SIGMA MALE

[@NepaliDaju]

Talu

[@knight_Gaming630]

AHH yar

[@GR_TR]

Just copy knowledge don't copy everything 😂😂

[@jeebanmagar6813]

Video rakhna xodla feri yo dai le😅

[@IamSpidey00]

0:10 bro woke up and choose violence in the start 😂 but this is truth 😂❤

[@copycook1822]

SAME

[@lopsangdlama]

oh ho papa ko pari haru ta purai trigger hune bhayo :D

[@thedego77]

😂

[@keshavneupane1646]

"Violence isn't the answer. Violence is a question, and the answer is "yes." brother chose this motto and fired his point in this videos

[@nir5892]

According to google , Nepal is top 3 most affordable trekking destinations.

[@IamBatman616]

@@bishnurokka8199 but we dont have the infrastructure to support high spending tourists. paila infrastructure ta banauna paryo. having low spending tourists isn't the problem its having them in few numbers. Atleast tyo number ta badauna paryo. Take Vietnam for instance.

[@bishnurokka8199]

@@IamBatman616 Look my other comments

[@IamBatman616]

@@bishnurokka8199 all you have mentioned are problems. What about the solution? Nothing is life is given in a plate.

[@bishnurokka8199]

@@IamBatman616 Solution is money.

[@bishnurokka8199]

@@IamBatman616 Solution ma k garna sakinxa dherei kura garna sakxau desh bata corruption hatauna sakxau yeti sabai politicians ra bureaurocrats haru honest hunu ho vane strong law enforce garna sakxau, education lai update garna sakxau, made in nepal product lai priority diyera country ma gdp badaunu ma contribute garna sakxau, IT sector ma revolution lyauna sakxau, Agriculture-farming garne lai financial aid provide garna sakxau(government le) yesari naya jobs generate garna sakxau jasle gdp per cap ma growth lyauxa, international good relation develop garna sakxau,religious hunu vanda atheist huna sakxau(most of the developed country majority people are either atheist or keep science and nation above religion), Export badauna nasake pani import kam garna sakxau crude oil ko use garnu vanda electricity ko use garera jaslr garda foreign reserve bacha ra country ko infrastructure develop garna sakxau jasle garda again revenue generate hunxa ra virtuous cycle ma economy run garxa yesari nei ani 2 decade samma ma hamro economy pani boost garxa ani ok thank you tara maile vane jasto pakka hudeina yo deshma

[@pranitatamang23]

Really essential topic bro. Thank u so much for this awareness clip. We are also accountable for economic recession of country. Bitter truth.

[@stuteebasnet8293]

Bro, it’s easier said than done. The cost of production in Nepal often exceeds that of imported goods from China, making it challenging for consumers to justify paying more. Just take example of Nepali businesses, like huba or sonam, they tend to be more expensive than the imported alternatives. Who’d pay 6/7k for a basic jacket or shirt when we can easily get those goods for 1500 when imported from china. If you’re so concerned about the country, why don’t you give us some really productive ideas that we can afford to produce in nepal. I am out of my wits, I don’t think you earning from a simple KZbin channel is going to change anything. So kindly, give us practical ideas for affordable products that can be produced locally. I am also eager to contribute but finding viable ideas seems elusive. Additionally, as you mentioned, data indicates that people are relying on remittances for their daily necessities. In such circumstances, what alternative do you propose? Do you anticipate that they should starve themselves in order to invest their funds into a business?

[@ManuLama07]

Well said. All things ideas and information which WSO said in this video, I’ve already heard them when I was in school. And I have always wondered how these ideas can be applied practically. we’ve got no ideas and the starting point seems to be nowhere. It would have been great if channel like WSO would give more detail information on how to actually apply all these ideas.

[@anupthapapithakote2599]

Yo dai teacher pani ho hai

[@bikaladhikari2582]

Bro watched 75 hard days challenge too much on Reels. 2nd video in 5 days. Hope we get to see this more often. Lets goooo!! Information + Humor = WSO

[@PravalDas]

You spoke my mind

[@paruandmike6631]

Ok now this is quality video ….the research and facts are so immense . Well done

[@maheshtamang6158]

This video should be circulated all over social media of nepali people!

[@VeeVex]

One of the best contents I've watched in a while!👍

[@CaptPARAS]

Much needed awarness information.. keep coming the contents. Duita ads back to back herey. Respect ❤️🔥

[@amitmahato673]

Watched such a great content after so long. Story telling ekdamai dami aako xa hai yo video ma 👏

[@sanampakuwal]

dammi content bro.. the best so far I've seen on Nepali channel. As a youth mah ni k production garna sakincha vanera dherai thau ghumera sochi rako hunxu but policies, funding ani aru kura le atti nai garo cha kehi thalnai.. Loved it: Uplift Production not Consumption. ho nepal ma dherai dherai dherai possibility xan ani blessed cha naturally, from water flowing from himalayas, diverse natural resources, herbs, gaja, alcohol, tea, etc etc.. which we can plan, promote, explore and export..

[@bancho8567]

next video on different awareness that you said should be elaborated and what kind of policies with example and the last one why it is hard to open a manufacturing hub rather that a small shop !! thank you great video !!

[@tikamaya1]

Wow..such an informative video. Thank you❤

[@Easy_Explainer26]

So nicely explained bro, keep going 🙏

[@Dhurvrathee504]

Excellent, very informative, you are the boss of Nepali KZbin workers

[@Sijdjd72]

Consistency is in my blood sir , it's in my blood.

[@manishtimilsina423]

Insightful content, Thanks for posting this and making us aware!

[@SHISHIRR2003]

Keep enlightening the youth dai🙌❤️ well researched!

[@yamanojha6375]

Sarcastic with good points 💗

[@johnsonsherpa4224]

Good research and delivery

[@srijanmn]

Well explained. Hope it will reach to as many Nepali as possible.

[@acousticayush1086]

Powered by KIEC. Double standards at it's peak...

[@surendrakarki8173]

your content is superb bro.

[@sujanuday]

This video gave me more insight upon remittance and the economy as a whole than my entire mba course.

[@bhandarisuzal]

म भारतबाट हेर्दै हो, regular viewer coz you make quality content.

[@anjanmainali5256]

Spitting facts in a sarcastic way 😂.. Enjoyed it ❤

[@dws8234]

On POINT Binayak bro. Thank You

[@Lokenbn06]

भिडियो राम्रो र ज्ञानमय लाग्यो

[@_avinashmalla]

Much needed video for today's generation, need to educate everyone regarding basic economic issue in nepal. 18:00 well said 👏🏻👏🏻

[@shi2rplays344]

Great Video as always Binayak Dai. I would be very much interested in knowing how the rise of AI & Automation will change the calculus of this fragile economy of ours. Since the major source of our dollar reserves are from employment from Gulf Countries, majority of Low-skilled as well as Semi-Skilled jobs will be in the first line of being Automated which will substantially reduce the number of such jobs and thus dramatically reduce the reserves and we all know the consequences of that. Nepal winning AI War is out of questions since they arent even a participant unlike India/China. Nepal Govt's half the budget goes to feed and cloth the current Politicians and Bureaucrats,so sustaining all 3crore population by Govt is out of question. I as a 22 years old youth can't see any other option than flying and settling abroad. Hoping to see a follow-up on this topic and once again Great video.

[@bishnurokka8199]

Atleast bro timi ta tetti privileged xau further study ko lagi abroad jadeixau tara ma jasto underprivileged haru kati xan kati nepal ma jo sanga poisa xaina ra kunei engineering ya medical course garna pani poisa xaina future ya ta nepal ma sano tino job garo ya ta gulf country gayo ya ta korea working visa ma

[@seanadhikari4738]

Actually you are completely wrong. The first jobs to be automated by AI will be office related jobs. Software Engineering will be heavily automated in the next 10 years because it is based on language which LLMs like Chat-GPT are built for. Foreign countries will not need engineers from poorer countries like Nepal. On the other hand, manual labor is very difficult for AI to automate. We are slowly developing technology to do that with robotics, but that industry is still in its infancy, and it will be very expensive for awhile. AI is a much more direct threat right now to software engineering, finance, accounting, content, medical and many other jobs that are considered stable now for college graduates. I think in the future it will be very difficult for young people to immigrate to places like the United States because the people in the US will not want foreigners to take their jobs when there is employment scarcity created by AI. The US population will force politicians to cut down programs like H1B visas. Also, you have to consider birth rates, places like Japan and Korea have horrible birth rates, they will need more and more labor not less. There are many countries in a heavy population deficit, this is an existential crisis for these countries, they will need labor desperately in the coming years. Countries like Nepal with a relatively stable birth rate and cheap labor will be able to export people to do labor intensive jobs for a long time until robotics gets cheap enough that it is no longer necessary. It will take at least another 20-30+ years for robotics to get so cheap that they can eliminate physical human labor. When that happens, I agree with you, then Nepal is really in trouble. Hopefully by then there will be more production and Nepal can switch to a more sustainable economy, good thing is there is still a lot of time to turn things around.

[@aakashlama4919]

Thanks, bro for showing us a proper valid reason to leave Nepal 😂

[@mandippaudel527]

He’s being sponsored by a consultancy

[@vamp8585]

Great video man👍

[@SamayPhotography]

This video should reach to each and every Nepali around the World.

[@ANIMELOVER-ys2zp]

0:19 keep it up we are also support you ❤

[@manishshrestha7496]

You are freaking good broo!!!! Keep them videos coming brother.

[@Factory_reset007]

RIGHT ON POINT 🎉

[@itsrajeeb]

Informative❤

[@anudit1.5]

CONSULTANCY KO LOGO SIDE MA RAKEHRA PROMOTE GARNE ANI entrepreneurSHIP BADAUNU PARYO VANNE.... #SADREALITY OF NEPAL!! (anyways nice one brother)

[@sujanthapa3151]

Sponsorship ta chiyo ne bro bina paisa video audaina garo xa😢

[@anudit1.5]

@@sujanthapa3151 yes bro completely understandable.

[@satisfygajurel9067]

So what's his problem .......Janne badhi gyan kina 🥴🥴😐😐😐​@@sujanthapa3151

[@anudit1.5]

MY REPLY COMMENT IS DELETED BY THE CHANEL (WOW)!

[@DryEther]

At least he's doing both

[@aakash4674]

Remittances is consider as a "Dutch Disease " in case of Nepal. Depending only on remittances give negative impact on economy. Remittances bata aako paisa aafno basic need ma matra kharcha vako dekhinxa. Only 10% matra production or investment vaerako hunxa. If renittance stop Directly government ko foreign currency reserves ma ashar garxa. Plus "Hundi" le garda ne affect garxa. So government and NRB le financial literacy program haru conduct garnu paryo rural sectors of Nepal. Ani business ya factory operator lai taxes ma reduction garne less interest rati on loans yestae facilitate provide gare ramro hune theyo.

[@BiologyNerd-xe7by]

😂social ra eph ko jasto answer xata

[@aakashbasnet1637]

Amazingly explained...Really a high quality content ❤❤❤...Keep posting this kind of videos ❤❤❤

[@herolimbu]

One of the most informative video i have ever seen thank you. At least he dosent speak vulgar words and promot games and pubg.

[@user-yo1qy3xj1c]

Bro about to start some controversy😂😂😂

[@deepkr7510]

I use Bhaisi ko ghui and tori ko tel rather than palm oil and sunflower oil, use meat from local shop and purchase shoes from Goldstar. But when comes to electronic I have no option. My income is from local industry. Khoi malai chine ko kasle black water khayecha hau. I plan to buy second hand petrol car due to less cost rather than EV.

[@khagendrakd222]

So much nicely explained ❤

[@aakashthapa2470]

Sir. Huge respect and appreciation for this video. Currently, I am a mid twenties youth doing my Masters degree in Western part of the world. You have done alot of research and this is a short yet comprehensive video. Loved it❤. Hope I'll be there soon to increase my country's GDP.

[@lunasonne12345]

So happy to see you back dai!

[@nishalkarki3518]

1:27 dahi ta srinkhala lai😂

[@nebfever6757]

💀 bro

[@kossongautam2172]

You just cooked it bruv

[@DT_Shorts369]

Bro crack the video algorithm👽️👽️💀💀☠️☠️

[@sumanbro5268]

✌️😂😂😂

[@nomnom112]

K ho context?

[@prasoon-manandhar]

My own sister in law married an American and the whole family are extremely proud. This is perfect nepali mentality example. Nothing going to change until we change. I have lot of friends who don’t talk to me because i am slightly more successful then them. They hate that I am having fun. Mentality is what needs to be changed. Social values second, lifestyle third, then comes economy.

[@bird_freak]

Awesome, kati hatar garera bole ko calm down, ghokera suna ko jasto na gara na! Hope you understand brother, Cheers.

[@prabeshyatri]

Dai like hane ,ahelay paxi aayera herxu hai video ..ahelay busy xu 😂😂

[@Oostvhere]

Thanks for the infos .❤

[@diggajbaruwal6564]

Very informative video. Thanks for covering the actual problem in depth, let's hope the Nepal government will make some policies that will address these issues. Maybe this will give a certain hint to we Nepalese youth.

[@anupbasnyat3431]

This one video covers the entire macroeconomics syllabus of BBA .

[@thinktrunk]

Brother you have only studied 1 chapter ✨

[@ujjwalpandey-xl3vq]

Binayak dai remembered his gmail's password

[@bimaloliya5487]

Urgent content with logical explanation it was my first video oy u but it won't be last i m sure ❤❤keep it up broo 👏👏👏

[@Sandeep-po3mc]

Nice topic 💯 , thanks for enlightening all of us

[@wrestlingupdate9085]

You deserve million subscribe brother❤

[@nebfever6757]

No he deserves 999k only

[@DryEther]

​@@nebfever6757 he deserves 1 LAKH subs

[@DryEther]

And hair transplant

[@kapilpantha1997]

Dahi ta arkai lai 1:31 is epic…..Tehi dahi khana ta vako lai xodera gako ho khanaa deu yr 😂😂 Indirect way is better to satire lmao 😂

[@sikaigyan]

Epic😂

[@sarumagarr3430]

😂dami yr

[@NICEEEGUY]

Very thoughtful...informative and with logical research

[@bojackhorseman8251]

I am loving these recent content from Binayak. When you make these kinds of videos you cant be diplomatic. You need to pick a side. Keep making these kinds of videos bro.

[@Praman_77]

7:21 better than carryminati 🤣 Savage 🔥

[@enfeeyano]

TimeStamps : 01:10 How much Sombhov Siruhawa eats in a party 02:53 What is Remittance 03:18 What if Remittance stops? 03:54 Dollare kaslai vaninxa? 04:30 Ways to earn Dollar for a country 07:17 What is synonym of "Decrease of low consumption in Economy" ? 09:20 Beorjgaar harule pani bihe garna sajilai keti paaune din haru 09:40 report of foreign employment board 2077 12:12 Example of productive activity 13:05 Are Imports bad for Economy? 13:56 what is recent trend/situation of remittance? 16:33 Australia ko sansad maa k kura uthyo? bhayo hangama, nepali ko bhada maajhne seep ko bhayo prasamsaa! 18:00 Initiation of woke culture from bheda to questioner 18:24 thumbnail of shopping bags? (must be a photo-typo) 🥴 19:40 Binayak's unfulfilled constructive sattire

[@shreejalk.c.4630]

Thank you ❤

[@MrJjking10]

Enjoyed your presentation. Nice.

[@poudelinlove]

such an engaging presentation. good one! really liked the analogy of balen and shiffon sari the most. keep going on! ❤🌻

[@user-sg6xh1wx3b]

Kasto maazale explain garnu vako sir thank you ❤❤❤

[@Royalking_gamer]

wow liked ur work and research

[@Mystic288]

Informative and sarcastic at the same time!!😁

[@seeesh1165]

Always learning something from your videos. keep it up

[@rikeshkhatiwada897]

Bro I watched this video twice really informative. Keep on making such video, government should eye on export and production sector and many more. Excellent video ❤

[@prashantthapa3050]

Babal ❤ thanku for making us acknowledge. Plz Keep going on…gud luck ❤

[@tennzinsherpa]

I really love the way you've made clarification about our remittance and the consumption issue, which very huge problem for real . And in also love the motto of this video which indicates AWARENESS about our future . Good content with real problem solving ideas for nation . Thank you for your effort on this journey and I'd love to support you for more upcoming concepts. Good luck!🙏🙏🙏

[@user-td6ho1rr9f]

I'm glad and very thankful for making this thoughtful content which I always think of...

[@AronGurung-cj8vh]

Thikai xa ta

[@uvieta8209]

Research and knowledge is just wowww❤

[@sagargurung6200]

This channel had around 40k views in the first 6hrs, which could come from the regular subscribers but the algorithm might not have been kind because most of the video peaks and stops around 70-150k. I don't know what can be changed... These videos needs to reach larger audience.

[@MrBixont]

Every youth should be aware of politics and policies.. as you rightly said yeti matrai le pani dherai difference huncha

[@meeraloveify]

Thank u for making these kind of video .

[@newarsachin9302]

sahi kura ho daii

[@gaurabb.k8180]

You are absolutely correct however brother small start up haru import garera , pachi progressive way ma ramro fund raise garisake pachi manufacture garna suru garna sakcha ni ta you just dont demotivate ,new small businesses

[@k__navin_7]

Presentation 🔥 Content 👌 9.5/10 Let's Goooooooooooooo!!!!!!!

[@KiranAdhikari-]

One of my favourite channel 😊❤

[@user-tc7nx9wu6d]

Dherai ramro

[@ganeshmanipoudel3095]

kasaile bolnai parne theyo. finally you spoke. remit le hami dhani hudinam bhanera maile bhanda bhanda thaki sakya theye

[@pranitsunuwar1579]

Was waiting for this topic. Brother did not disappoint.

[@youtubeplan2092]

Good content and conversation.

[@shabhyathapa7789]

I had been waiting for content like these in Nepal, have always thought binayak as a very wise man and this video has proved the point. Also loved the humour you have put in the video.

[@srijanagurung4225]

thank you binay ❤

[@krsnachalise]

This is one of the informative things I see on KZbin. Please be more active. Informative contents are very much useful... Please Please Please Binayak bro!

[@Asiatic_Ghale]

Thank you for 84 subscribers keep support guys 🎉. Always supporting your content bro very informative

[@sujendragurung5595]

Well said man❤

[@zozoxo2675]

Thank you so much brother for the huge knowledge ❤❤❤❤

[@bandanaghimire5604]

Very informative video Binayak Dai🙏 I covered my syllables of Nepalese Economy regarding recent trend of remittance. Thank you

[@roshonvizion]

Love you too 😘💕

[@shubhamneupane6551]

Quite Insightful

[@puppigrg3549]

Sahi vai ko kura la xuyo ho balla bujha ho

[@prasamshapokhrel9396]

I have that confidence to appreciate Binayak daii's video without watching too but it is lit 🔥

[@navinsanzel111]

Wow this is called content Looking forward to this kind of content on upcoming project 😮

[@johnshrestha2963]

Just loved the video and the way you present❤❤