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Political instability obstructs economic development

economic-collapse-schedule-3-17564245By Our Reporter
Political instability has been one of the biggest ills for Nepal especially following the mid-term elections of 1994. No government formed after 1990 has competed its full term of five years. The first majority government led by late Girija Prasad Koirala after the 1991 elections collapsed in three years due to the division within his party. With a hope of garnering a majority vote in the then House of Representatives Koirala announced mid-term elections which threw a hung parliament making the UML the largest party. This hung parliament bred all the ills of the parliamentary democracy including horse trading and since then no government could last more than 18 months. Even NC got majority seats in 1999 general elections and Krishna Prasad Bhattarai became new prime minister but he was not allowed to remain in power for more than 11 months.  Later Sher Bahadur Deuba broke the NC and further deepened the political instability.  Since then political instability has been the order of the day.
See, the country has seven prime ministers since the Constituent Assembly elections of 2008 and now the political parties have engaged in a power game to have the eighth prime minister in eight years!  The power hungry politicians who lack political culture are responsible for the frequent change in the government and the political instability.
The present KP Oli-led government was formed to hold the general elections nine months ago in the support of the CPN-Maoist Centre but when Pushpa Kamal Dahal grew greed to become the eighth prime minister of Republic of Nepal, he withdrew his support to the government and now is in race to become the PM.
The political instability has been costly for the economic development of the nation. No development project concludes in time due to political instability. Moreover, no long-term plans for the economic development could be formulated when there is political instability as there is always a trend of replacing the development plans introduced by the previous government immediately after the replacement of the government. Most of the chiefs of development projects get replaced with the change in the government. Even the ruling parties tend to appoint their carders as employees in such projects. These activities only increase time and cost to complete the project.
Now it is also feared that with the fall of the present government, the agreements reached between Nepal and China with an intention of reducing Nepal’s dependency on India may not be implemented. There have also been news reports that the game to pull down the present government was backed by the Indian establishment with an intention of foiling the agreements reached between Nepal and India and the purposed Nepal visit of Chinese President Xi Jinping in October this year.  The new government may not give priority to construct roads linking Nepal-China border.
When the government becomes weak, the civil servants stop following the government instructions leading to anomalies in different sectors. For example, the market monitoring came to a complete halt after the ministers representing the Maoist Centre quit the government.
When the ministers know that they will remain in power for a short time, they will try their best to earn more than delivering for the nations. This must be a reason why corruption has become rampant in recent years.

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