BABBLES
By Babbler
On 1 February 2005, King Gyanendra by dismissing the then caretaker government led by prime minister Sher Bahadur Deuba on the charge of being unable to hold elections, had assumed executive power. He had put forward a condition that he would handover the executive power to the elected government after bringing the democracy on proper track within three years. He, in a good faith, had expressed the commitment to conduct all elections within three years.
The political scenario during that time was alike today. NC was divided on the issue of sharing power. Girija Prasad Koirala was deadly against Deuba as the PM. NC was split. On the other hand, the Maoists were in bloody “people’s war”.
The King had expressed the commitment to settle down all the problems faced by the country.
The political leaders, instead of cooperating the King in resolving the domestic issues, wished to get the Indian support to fight against the King. The 12-point agreement was endorsed between the Maoists in insurgency and the seven parliamentarian parties under the Indian design.
Since then, we know better what has happened in Nepal in absence of the King! How those greedy and non-visionary people ruled on us! How our country became a battlefield of foreign elements!
A coup like Myanmar!
Again, the military has taken over the executive power in Myanmar by suspending the elected government.
Here in Nepal, a section of politicos and intellectuals are crying that KP Oli has organised a coup in Nepal.
Considering the political loot in the country, to give lessons to the political leaders, Myanmar like coup is urgent also in Nepal, said a journalist friend.
Look at the public sentiment!
Investment fund? No problem!
The IPO issued by the Infrastructure Bank, which was the largest ever in Nepal’s history, sold overnight. Applications demanding the share were dropped by two times more than the actual shares issued for the general public by the newly established bank.
This is a positive trend in our economy. If the promoters are trustworthy, there is no problem of the investment fund.
Why not we try to construct the proposed Budhi Gandaki like hydropower projects, considered to be the game-changer, through a public-private partnership?
The story of Arun 3
Decades ago, when the World Bank, ADB, Germany and Japan became ready to provide grant plus loan to construct the Arun 3 project, we saw a daily demonstration in the Kathmandu streets protesting against the construction of the project. Today, an Indian company is constructing the hydropower project. Furthermore, the very company is rewarded to construct the lower Arun hydropower project.
Odd to note, nobody is seen in the street against the construction of the very project today. The fact is that we are handing over one after another attractive hydropower project to the Indians and we are buying electricity from India to meet the electricity demand here.
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