Nepal: Understanding the Travails of Constitution-Making
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The Nepal Distilleries Pvt. Ltd. Balaju,Kathmandu Ph.: 350988, 350725, Fax: 350971 Contents
THE KHUKRI IS THE FAMOUS NATIONAL WEAPON OF THE GORKHA SOLDIERS OF NEPAL. KHUKRI RUM IS THEIR FAMOUS NATIONAL DRINK ANYWHERE IN THE WOR-LD, IN A BATTLE OR IN .A BOTTLE, YOU CAN ALWAYS PUT YOUR TRUST IN A KHUKRI. THE NEPAL DISTILLERIES PVT. LTD. BALAJU,KATHMANDU PH.: 350988, 350725, FAX: 350971 CONTENTS Page Letters 3 News Notes 4 Briefs 6 Quote Unquote 7 COVER STORY: The Silent Boom IT-enabled services is the new mantra doing the rounds in the Nepalese IT sector Oll'The Record 8 Page 16 FREEDOM OF PRESS: Under Attack 12 KATHMANDU MUNICIPALITY: Optimizing Choice 13 PHARMACEUTICAL INDUSTRY: Prescription Rx 14 URISM : Mission Destruction 15 JUDICIARY: lusti ce Delayed Is lustice Denied 25 CONGRESS CONVENTION: Unity At Last Prime Minister Koirala is once again elected the party president. BOOK REVIEW 26 He now has to bring the divided Congress together. Page 9 THE BOTTOMLINE 27 NEPALESE YOUTH: Political Pawns 28 PASTIME 29 INTERVIEW: BINOD CHAUDHARY LEISURE 30 Chairman of Chaudhary G Nepal talks about the business vironment in the country. FORUM: Sue Wardell 32 Page SPOTLIGHT/JANUARY 26. 2001 SPOTLIGHT EDITOR'S NOTE THE NATIONAL NEWSMAGAZINE V~. 20, No.2B, January 26, 2001 (Magh 13, 2OS7) he most vaunted tenth convention of Nepali Congress has con Chief Editor And Publisher cluded in Pokhara. There were no surprises and everything passed Madhav Kumar Rimal off as anticipated. Girija Prasad Koirala has won hi s party's presidentship with much ease. The new ruling that hence forth no Editor Sarita Rimal part yman can become President for more than two terms has been erinlroduced at th e initiative of the two septuagenarian leaders of the party. -
Nepali Times
#26 19 - 25 January 2001 20 pages Rs 20 EXCLUSIVE Free to be poor Having waited for six months for government support, kamaiyas freed from bonded labour are losing their patience and say they will settle on any piece of unclaimed land. Kamaiya activist Dilli Chaudhary says: “First, they told us they’ll give us land by Dasai, then Tihar, now Maghi is over and we’re BINOD BHATTARAI still waiting.” Destitute kamaiyas had no ○○○○○○○○○○○○○○○○○○○○ cause to celebrate their biggest annual ast year, international auditors discovered festival on 14 January. There are an lsome fishy goings-on in two of Nepal’s estimated 16,500 kamaiyas in the foremost banks. Now, it’s not just fishy any western tarai districts of Nepal and most more: Nepal Bank Limited (NBL) and Rastriya Banijya Bank (RBB) are on the verge of collapse. Almost half their assets are non- performing, loan recovery is down to a WHAT IF? catastrophic 25 percent, and their cash ratios (adequacy) are billions of rupees short of the Two of Nepals biggest banks are insolvent. Rs 45 billion worth of mandatory minimum. “There’s no doubt that the two banks are depositors savings is in danger. The largest borrowers are the ailing and failing,” admitted Bimal Koirala, NARESH SHRESTHA biggest defaulters. Banking reforms are the only hope. secretary at the Ministry of Finance. He told of them are now camping in the open the parliament’s Public Accounts Committee bad shape is not news. The Commercial Bank resolve the crisis, like handing the banks over like on the ground,” says a foreign economist after they were “freed” by government last week that only major reforms can ensure Problem Analysis Strategic Study (CBPASS) in to external management, but politicians have who has studied Nepal closely over 10 years. -
Nepali Times
#25 12 - 18 January 2001 20 pages Rs 20 EXCLUSIVE Palace and Paramilitary WHICH YOUNG TURK? After five months of ping-pong, King Birendra has approved the ordinance for setting up a crack paramilitary force With a race for leadership coming up in to be deployed to tackle the Maoists. We hear it took over 20 meetings Pokhara, the Nepali Congress may finally between the Prime Minister and a hard- be evolving into a true political party. SUBHAS RAI to-convince king before all the questions were cleared. Even though BINOD BHATTARAI the floor. (Nominating the other half will there was no official word on the ○○○○○○○○○○○○○○○○○○○○ still be the prerogative of the president). ordinance till Wednesday, we were told ndividually, the membership in the ruling The election of half the delegates is sure that only “formalities” remained. party reads like a political Nepali Whos to transform the inner dynamics of the Nevertheless, there is word that some i Who. Among them are leaders whove ruling party. To begin with, the relative last minute changes have been made, what they are will be clear only when spent the best years of their lives in jail for strengths of the different factions and the sarkari Gazette is published next the sake of the people, technocrats with factional leaders will be cleared than in the week. The earlier draft was silent on unrivalled experience and specialisation, earlier situation where the party president arms procurement; the final version is grassroots workers risen up the ranks, and chose one and all. Also, it is not clear how said to define a procedure. -
Nepali Times on the Maoist Insurgency
#29 9 - 15 February 2001 20 pages Rs 20 EXCLUSIVE Dead Line It is turning out as everyone feared: BACK TO with three days to go for another hotel strike deadline there is no SUBHAS RAI compromise in sight. It’s not just a dispute about the 10 percent service charge anymore, it is now a question of the survival of the SQUARE ONE tourism industry and the nation’s economy itself. Arrivals are down BINOD○○○○○○○○○○○○○○○○○○○○ BHATTARAI and long-suffering Nepalis will have to by 11 percent, hotels are empty he country has now been held hostage to keep on paying the price for selfish and the economy is already feeling the ruling party infighting for nearly a politicians who can’t get along. the pinch. Everyone with a stake in tyear. There was hope that the ministerial Koirala’s house of cards began this dispute: hoteliers, hotel reshuffle this week would finally close that crumbling hours after the new employees, the government and chapter, but we underestimated the intensity appointments were announced on the mediators in the National of the competition among politicos for the Wednesday morning. By mid-day Planning Commission (NPC) juicy ministerial posts. Khum Bahadur Khadka, awarded the share the blame for playing politics That was the reason for the original plum Melamchi ministry (Physical Planning with the issue and for foot- infighting in October, and that is why Prime and Works), and Palten Gurung, given his dragging. Despite their posturing, Minister Girija Prasad Koirala’s efforts to pick, the labour and transport management hotel owners and workers both say soften dissidents by offering them cabinet portfolio, had come out with a statement that they want to resolve the issue. -
Nepal Mongolia Bhutan
COUNTRY REPORT Nepal Mongolia Bhutan May 2001 The Economist Intelligence Unit 15 Regent St, London SW1Y 4LR United Kingdom The Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For over 50 years it has been a source of information on business developments, economic and political trends, government regulations and corporate practice worldwide. The EIU delivers its information in four ways: through our digital portfolio, where our latest analysis is updated daily; through printed subscription products ranging from newsletters to annual reference works; through research reports; and by organising seminars and presentations. The firm is a member of The Economist Group. London New York Hong Kong The Economist Intelligence Unit The Economist Intelligence Unit The Economist Intelligence Unit 15 Regent St The Economist Building 60/F, Central Plaza London 111 West 57th Street 18 Harbour Road SW1Y 4LR New York Wanchai United Kingdom NY 10019, US Hong Kong Tel: (44.20) 7830 1007 Tel: (1.212) 554 0600 Tel: (852) 2585 3888 Fax: (44.20) 7830 1023 Fax: (1.212) 586 0248 Fax: (852) 2802 7638 E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] Website: www.eiu.com Electronic delivery This publication can be viewed by subscribing online at www.store.eiu.com Reports are also available in various other electronic formats, such as CD-ROM, Lotus Notes, online databases and as direct feeds to corporate intranets. For further information, please contact your nearest Economist Intelligence Unit office Copyright © 2001 The Economist Intelligence Unit Limited.