BABBLES
By Babbler
After offering special pooja at the Mahakaleshwor Temple in Ujjain, Madhya Pradesh, during his visit to India, it seems, our Prime Minister Pushpakamal Dahal has become a spiritual Hindu follower from an atheist.
Entry into the Temple of Lord Pashupatinath is allowed only for Hindu followers. There is a big board with a notice at the entrance gate that the non-Hindus are prohibited. Therefore, let us believe, Pushpakamal Dahal “Prachanda” has now become Pandit Pushpakamal Dahal.
A Nepali model of socialism
The political and economic principle of socialism is based on the welfare of the commoners and the betterment of those under the poverty line. If we talk about Nepali socialism, there are about half a dozen political parties which have included “Socialist” in their names. If we go through the political document of all the political parties, there is mention of socialism. Understandably, the goal of socialism is to help those needy people in their livelihood.
Contradicting, Nepali socialism in practice is squeezing those haves not groups by giving facilities to the high-class group in the society. If we go through the recent budget for the new fiscal year, the government is solely focused on collecting taxes at different levels. Even on onions and potatoes, we are compelled to pay tax.
The country’s economy is under the grip of half a dozen brokers. Talking about the prime minister or ministers, they are the agents of those main brokers. Not to forget, just recently, Minister Sudan Kirati disclosed that the country is being run by some other else.
Debt trap
How serious is the country’s economic situation, that we can observe from the debt burden on the government? According to a recent report that appeared in the media, the government has allotted 276 billion rupees to pay back the principal and interest amount of the domestic debt taken by the government.
The government has reached a situation where to meet the revenue deficit, it is taking foreign and domestic loans. The crucial situation is that the government is compelled to take loans to meet the general sector expenditure, which is known to be an unproductive sector. Now, the government is taking loans to pay back previous loans. When the nation adopted federalism, its general sector expenditure has been inclined to a higher extent. Now, the domestic revenue is unable to meet the general sector expenditure and the government is solely relied on loans to manage funds.
Notably, the expensive federalism has already dragged Nepal into the debt trap. If the political parties will show reluctance for the removal of the present expensive political structures, soon, the country is going to be bankrupt.
QUOTES OF THE WEEK
India, and now Pakistan are getting cheap Russian oil, to say nothing of Bangladesh getting to pay off Chinese infrastructure loans in Yuan. Nepal, led by kleptocrat Loktantriks, is a big-time loser in the changing world order.
Dipak Gyawali
In the past 10 months, 75 billion rupees were taken from the country by students for their further study in foreign countries. This is proof that Nepal’s TU, PU, KU etc. are useless. One class of people sends dollars by working in the Gulf countries and the other class of people living in Nepal exchange those dollars and send their sons and daughters to foreign countries for further study. The irony of the country — Banana Republic!
Rudra Pandey
Until the economic and social issues will not become the main issue in politics, we cannot expect a change. Where, how and why were the people paid taxes spent? Why was the foreign loan taken, what was the return? During the period of which government, how much foreign investment tripled, and how much did it increase local employment? It is necessary to cover such issues in politics and public debate.
Lekhanath Pandey
We all must feel proud of our past that how great our forefathers were and how they made greater Nepal with their unparalleled gallantry, wisdom and courage. There is nothing wrong to remember our golden past and educate our young generation about it to make them proud of their nation and feel a sense of gratitude to their brave forefathers. Plus nourish them with a great dream in their lives.
Mind one important element that the new generation only sees Nepal as a weak and begging country but can never imagine that once we were not only donating and exporting but also among the few ancient nations with a strong and stable economy.
Now don’t say that we can’t feel proud about our past. The “Greater Nepal” map is not an official present map but a record of our past.
Rambhakta Thakur
The economic growth rate of Nepal has been continuously decreasing since 2015 (2072 BS). In a nutshell, this is a result of the constitution with federalism and the creation of 7 provincial structures. The number of Nepali youth who leave the country to work abroad has increased more than during the “people’s war” period.
Suresh Acharya
The relevance of BP’s Reconciliation Policy that Nepal’s integrity and sovereignty can be preserved only through reconciliation between all the powers and individuals of Nepal has increased further.
Bipin Koirala
Although these two characters — Ramdev and Pushpakamal Dahal — look different, they have one thing in common. That is, both of them are magicians. Their mission is the same, only the shape and color are different.
Arjun Gyawali
There is 82% more administrative expenditure but less than 18% development budget allocated and out of 18% not even 20% is spent.
Is this system only to feed the political leaders and their workers by imposing taxes and debts on the people?
Devendra Bartaula
In Bhutan, 2,335 MW of hydroelectric power plants are in operation and 3,042 MW are under construction. None of them are for export. Only surplus electricity is exported.
Even the plants built under the Indian grants are owned by Bhutan and the profits remain in Bhutan, while in Nepal such plants are built for exporting electricity to India!
Ratna Sansar Shrestha
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