The availability of ever-increasing numbers of highly educated and well-skilled Nepalis in the US, their readiness to contribute towards Nepal's prosperity, and welcoming policies and steps initiated by the Government of Nepal, are all essential ingredients for mobilizing and harnessing the expertise and skills of the Nepali Diaspora for Nepal's development. However, this new era also raises a new challenge – that is, developing a financial resource base that could be accessed on a sustainable basis to harness the expertise and skills of the Nepali Diaspora in a timely manner for specific priority areas. Therefore, it behooves us all to think 'outside of the box' and explore new opportunities.
By Shyam Thapa Aug 22, 2019
In the context of economics, inter-dependency simply refers to economic interdependence of two or more nations as we have witnessed during the past decades of globalization, expansion of market, trade, investment, innovation and development of technology beyond the borders of industrialized economies of the West
By Kedar Neupane Aug 19, 2019
Writer’s Note: Recently Kathmandu Post (Money – March 20, 2019) headlined the news “Upper Trishuli-3A Slated to Begin Generation in April 2019”. The commissioning of this 60 MW Trishuli-3A hydropower project is indeed very good news at a time when Nepal is resorting to heavy import from India. Another newspaper Republica also reported on March 28, 2019 “Prime Minister KP Sharma Oli secures 20 units of share of Trishuli IIIB (37 MW) hydropower project under the government’s People’s Hydropower Program.” As institutions have no memory and public memory is short, the writer would like the readers to go back to July 2013 Hydro Nepal journal wherein the 60 MW versus 90 MW battle over Upper Trishuli-3A was chronicled in detail. If the government had stuck to its 90 MW decision for Upper Trishuli-3A then the cascading Trishuli-3B would have also been upgraded to 55 MW. The writer thanks Hydro Nepal for kindly giving their permission to reproduce that article.
By Santa Bahadur Pun Jul 19, 2019
Trump has imposed fresh sanctions on Iran and threatened it of total obliteration. We can simply pray that things do not go much beyond the US retaliatory cyber-attack against Iranian missile control system so that situation does not seriously deteriorate in the Middle East\Gulf, which could further complicate matters in Nepal with depleting foreign exchange reserve and alarming trade and current account deficit. Internally, late and inadequate monsoonal rains, projected to be 30 percent less this year, and reported shortage of chemical fertilizers may negatively affect paddy output, a major contributor to Nepal’s gross domestic product. May Lord Pashupatinath continue to save this nation and its people?
By Dr. Tilak Rawal Jun 30, 2019
Things suddenly heated up about a week before this otherwise maybe even a boringly academic meeting: Pucha secretary Bharat Jangam got a phone call from senior lawyer and Kangress MP Radheshyam Adhikari about a bill creating a new Guthi Authority brought before the Upper House suddenly and surreptitiously.
By Dipak Gyawali Jun 29, 2019
The budget should limit 60 percent for capital expenditure and 40 percent for concurrent expenditure. Our budget is exactly opposite. Out of total Rs.1532 billion budget, Rs. 957 billion (62.4 percent is allocated to concurrent and only Rs.459 billion (26.6 percent) is allocated to capital expenditure
By Binod Kumar Chaudhary Jun 11, 2019