Nepal

Oli's China visit instrumental for bilateral ties: Ex-Nepal PMs

Former Nepal Prime Ministers have expressed hope that Prime Minister K.P. Sharma Oli's upcoming visit to China will be instrumental in further deepening bilateral ties between the two countries.

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Remittances keep Nepal's shaky economy afloat

Remittances also fuel imports of consumer goods such as motorcycles, smart phones and electrical appliances, mostly from India. Consumption accounted for an estimated 94.7% of GDP last fiscal year, according to the Asian Development Bank. Government coffers benefit from this through customs duties on imports, and from sales of passports to would-be migrants, which cost $100 each. The Passport Department earned $150 million from passport sales last fiscal year, amounting to between 2% and 3% of government revenues, according to Sujeev Shakya, founder of Beed Consult, a Nepal-based business advice group.  

A minority document

Actors at the helm of Nepal’s political, peace and constitution-making process during the past one decade claim to believe in democracy. Though all of them are not Maoists or Communists, together and unanimously, they have formed a loose but powerful and centralised syndicate that overrules due process, good practices and conventions practiced elsewhere, and keeps many people away from the political process fearing it may lead to the collapse of “progressive politics”. That is the only reason Nepal’s constitution, which completed a year last week, has failed to acquire larger ownership.

Not playing ball

After the bloodshed in the Tarai that followed the promulgation of the ‘fast track’ constitution last year left nearly 60 people and a dozen policemen dead, it is once more decision time. The onus is on Prime Minister Pushpa Kamal Dahal on his return from India to carry out a second amendment to the constitution to satisfy Madhesi and Janajati dissidents.

Remittance pitfalls

If there is one consistent narrative about Nepal over the last two decades, it must be about migration and remittances. Political and development activities in the country have always remained volatile.

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Three new projects in U.S.-India State and Urban Initiative

The U.S.-India State and Urban Initiative, led by the CSIS Wadhwani Chair in U.S.-India Policy Studies and the CSIS Energy and National Security Program, has announced three new projects with the state government of Maharashtra

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India-Australia free trade agreement soon?

 

The long-pending free trade agreement with Australia is expected to be cleared with Indian Commerce and Industry Minister Suresh Prabhu's visit to the country on June 26. T...

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