Nepal, being among the 48 least-developed countries, with robust economic growth of 7.1% in the fiscal year (FY)1 of 2018–2019 is rigorously putting effort into fulfilling the criteria to be upgraded into a developing country in the coming years. For the last few decades, Nepal has been undergoing remarkable demographic changes and has entered into a demographic transition that provides it with a “window of opportunity” for higher economic growth. For Nepal, the first demographic dividend became available in the 1980s and is expected to last until 2030 (Kannan and Dharmalingam 2012). Furthermore, the working-age population (those who are between the ages of 15 and 64 years) is increasing rapidly in Nepal. However, limited opportunities have impelled the workingage population to migrate to other countries for better living and employment opportunities. Therefore, the period of this demographic dividend being temporary, it is necessary that Nepal act smartly within the time frame and systematically utilize its human resources for future prosperous economic development.