Nepal is going through the most tumultuous period in its history. The writing of the new Constitution will only be a small step towards producing a stable country. While there is no disagreement over the issue of state restructuring itself, challenging spin-offs stemming from a failure to address questions of identity, ethnicity, language, religion, region and culture are emerging as clear fault lines of ‘New Nepal.’ Security sector governance, the structure of the political system and the relations between various organs of the state are yet to be determined, while law and order, supply of daily essentials, and immediate economic relief to the rural hinterlands is already testing the patience of the people. Political parties are once again resorting to the old addiction of forming and dismantling governments, knowing well that this will be disastrous the nascent democracy. A chaotic Nepal will also be a headache for both India and China. This book reflects the nature of the enormous challenges before Nepal and the exceptionally important discussion on how to resolve these problems and move ahead.

Rejuvenating the Economy

Rejuvenating the Economy

Rejuvenating the economy

The new elected government under the republic has lamentably got an almost bankrupt reserves and a limping economy as heritage passed to them by the previous governments and regimes. Our export basket is limited to just garment, carpet, and handicraft and despite sustained effort from all departments of the government we have not been able to diversify it. Due to the rise in petroleum consumption within the country and international price rise, most of our earnings have to be given away as imbursement. Despite possessing un-harnessed hydro potential of 83,000 megawatts (MW), the Nepalese consumers have been facing daily load-shedding which has now begun to hurt our industries in a big way. An example is the Jyoti Spinning Mills which ...

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