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Nepal

I set off on every single trip with great expectations: I want it to change me. Whether it’s a 10-day jungle trek in Borneo or a weekend of debauchery at Glastonbury, I fully expect to return with some travel experiences under my belt that make me a better, wiser or more interesting person.

 

There is a lot of political activity around the crisis produced by the Madhesi agitation in Nepal. But it is far from clear this is adding up to an enduring solution to a crisis that now goes to the heart of Nepal’s constitutional future.

 

When an earthquake hit Nepal in April, 9,000 people were killed and many more lost their homes. Thousands of men are now facing a difficult choice - should they stay to rebuild the country, or travel abroad where they can earn more money?

 

The democratic alternative of referendum could be exercised to determine how people in these ‘disputed areas’ choose to live Federalism, an important basis of state restructuring, has become the proverbial bone that gets stuck in the throat. It can neither be swallowed nor coughed out. 

 

The three major political parties – Nepali Congress, CPN-UML and UCPN-Maoist – today reached an understanding to resolve the ongoing Madhes agitation.

 

Every day as many as 1,500 Nepalese migrate to the Middle East and Malaysia to work as migrant workers. Foreign employment has become the major source of income as the Nepali migrant workers send back home remittances coming into the country which equals almost 30 per cent of the GDP.

 

While the capital hike is now to be implemented, the challenges are also growing. In an open market system, where actors perceive risks of capital hike to be small, the lending rate would be relatively insensitive towards how much the capital has increased. This could increase more supervision guidelines

 

If Nepal is to maintain its peaceful image, we must eliminate all nuclear material from the country.

 

Bhattarai’s new force will need to prove that it is not just another party among many others

 

Now that all parties have agreed to revise the constitution, it is time to de-escalate conflict and restart public dialogue

 


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