Last week, the India Foundation organised its annual counter terrorism conference in New Delhi. One of the topics of informal discussion on its side-lines was the plausibility of the revival of the Nepali monarchy.
Singha Durbar, the iconic personification of Nepal’s state power, has undergone a number of jolts after the arrival of KP Sharma Oli on its premises as the first prime minister of a federally restructured Nepal.
The perils of the infamous ‘Dutch Disease’ syndrome on the Nepali economy, due to its overdependence on migrant workers’ remittance receipts, are gradually being exposed. Nepal Rastra Bank (NRB) in its review last week said,
Nepal reels under yet another round of unrest caused by transport strikes and loss of life and property across the country; from Dhankuta in the east to Doti in the west, and almost half a dozen towns and cities in-between.