Kathmandu, June 24 -- Nepal's private education sector generates an estimated Rs195.5 billion in gross annual economic output and contributes around Rs160 billion to the national economy, according to the first comprehensive survey of non-government educational institutions released on Tuesday.

The sector's growing economic footprint underscores its role as a major service industry, supported by fixed capital investment of over Rs309.2 billion and providing employment to more than 300,000 people.

The Nepal Education Institution Survey 2023-24, conducted by the National Statistics Office (NSO), provides the first detailed assessment of the economic contribution of educational institutions operated by private, community-managed, cooperati...