The government has been criticised from all quarters following Defence Minister Sharat Singh Bhandari’s earlier statement and its responses.
Bhandari had earlier stated that the 22 Tarai districts could disintegrate themselves if they were not taken into consideration.
Not only Nepali Congress and CPN-UML but the government's hardliner Mohan Baidya faction of the UCPN (Maoist) has also condemned Bhandari's statement.
Baidya faction has pressurised Bhandari to clarify his statement.
Issuing a press release, Maoist Vice Chairman Baidya and General Secretary Ram Bahadur Thapa demanded the government to make public its opinion on the issue and to boot out Bhandari.http://spotlightnepal.com/sln/News.aspx?ArticleID=1862
Wednesday, September 28, 2011
Can India really surpass China?
While rapid trade-led growth has enabled China to surge ahead of other developing economies in recent decades, a number of analysts are projecting that India’s growth rates will soon outpace China’s.
India’s democratic political culture and favourable demographics, both of which are viewed as being more conducive to sustaining rapid economic growth over the long-term, are often cited as reasons for this. But amid such speculation, several key factors — including market conditions, economic policies and supply-side factors — suggest that China will continue to outperform India over the next decade.
From the beginning of its economic modernisaton, China benefited from favourable conditions including a large domestic market, low-cost productive labour and the geographical advantage of its proximity to Japan, the previous engine of Asian growth. Even more importantly, China pursued a swift and coordinated economic liberalisation program beginning in 1978 that served as a catalyst for subsequent decades of economic growth. This reform program included an open-door policy toward foreign direct investment (FDI), promotion of technology transfer through FDI, steady liberalisation of a controlled import regime, competitive exchange rate management, and a strategic approach to free trade agreements (FTAs) with neighbouring Asian economies. Firms operating in China now enjoy a more competitive business environment than their counterparts in India, with more market-friendly rules for business start-up, property registration, contract enforcement and bankruptcy.
http://spotlightnepal.com/sln/News.aspx?ArticleID=1866
India’s democratic political culture and favourable demographics, both of which are viewed as being more conducive to sustaining rapid economic growth over the long-term, are often cited as reasons for this. But amid such speculation, several key factors — including market conditions, economic policies and supply-side factors — suggest that China will continue to outperform India over the next decade.
From the beginning of its economic modernisaton, China benefited from favourable conditions including a large domestic market, low-cost productive labour and the geographical advantage of its proximity to Japan, the previous engine of Asian growth. Even more importantly, China pursued a swift and coordinated economic liberalisation program beginning in 1978 that served as a catalyst for subsequent decades of economic growth. This reform program included an open-door policy toward foreign direct investment (FDI), promotion of technology transfer through FDI, steady liberalisation of a controlled import regime, competitive exchange rate management, and a strategic approach to free trade agreements (FTAs) with neighbouring Asian economies. Firms operating in China now enjoy a more competitive business environment than their counterparts in India, with more market-friendly rules for business start-up, property registration, contract enforcement and bankruptcy.
http://spotlightnepal.com/sln/News.aspx?ArticleID=1866
New Bomb blast in Nepal
News
Within hours of the first explosion, a second bomb has been discovered in Dhangadi on Wednesday.
The bomb was found in DK Oil store, located 200 meters down from the site, where the first bomb had exploded in the morning.
Nepal Army´s bomb disposal team which reached the site has disposed the bomb.
Earlier, a bomb had exploded in front of Bhim Bahadur Saut´s Siddanath Kastha Udhyog in Chatakpur of Dhangadi.
http://spotlightnepal.com/sln/News.aspx?ArticleID=1813
Within hours of the first explosion, a second bomb has been discovered in Dhangadi on Wednesday.
The bomb was found in DK Oil store, located 200 meters down from the site, where the first bomb had exploded in the morning.
Nepal Army´s bomb disposal team which reached the site has disposed the bomb.
Earlier, a bomb had exploded in front of Bhim Bahadur Saut´s Siddanath Kastha Udhyog in Chatakpur of Dhangadi.
http://spotlightnepal.com/sln/News.aspx?ArticleID=1813
Sunday, September 25, 2011
NewsNepal's PM will visit India and China
News
Prime Minister Baburam Bhattarai has said that he would be visiting southern neighbour India and then China after returning from the United Nations General Assembly in New York.
Talking to the media persons on his way back after the 6-day visit to New York, PM Bhattarai said that he had had a talk with Indian Prime Minister Manmohan Singh earlier this month and he would be visiting India next month.
Bhattarai had also received an invitation to visit China the very next day from Indian envoy to Nepal Chinese Ambassador to Nepal Jayanta Prasad invited him to visit Nepal. The invitation was made official when the Chinese envoy and Foreign Minister Yang Jiechi formally invited Bhattarai for the visit.http://spotlightnepal.com/sln/News.aspx?ArticleID=1851
Prime Minister Baburam Bhattarai has said that he would be visiting southern neighbour India and then China after returning from the United Nations General Assembly in New York.
Talking to the media persons on his way back after the 6-day visit to New York, PM Bhattarai said that he had had a talk with Indian Prime Minister Manmohan Singh earlier this month and he would be visiting India next month.
Bhattarai had also received an invitation to visit China the very next day from Indian envoy to Nepal Chinese Ambassador to Nepal Jayanta Prasad invited him to visit Nepal. The invitation was made official when the Chinese envoy and Foreign Minister Yang Jiechi formally invited Bhattarai for the visit.http://spotlightnepal.com/sln/News.aspx?ArticleID=1851
NewsI need to be left alone: Manisha Koirala
News
A few months ago, the grapevine was abuzz with rumours of Manisha Koirala's marriage being on the rocks.
That she was heading back to Mumbai, as she could not adjust to the life of domesticity with her businessman husband Samrat Dahal.
She, however, confirms, "I am very much in Nepal. But I will not talk about my personal life. At the moment, all my friends know I need to be left alone.
I don't need to give explanations about what's going on in my life."
Interestingly, a close pal reveals, "Manisha has had to struggle against all odds to make the marriage work.
She has had to adjust not only to a life of domesticity, but also to her husband's entire family and their traditional way of life.
http://spotlightnepal.com/sln/News.aspx?ArticleID=1850
A few months ago, the grapevine was abuzz with rumours of Manisha Koirala's marriage being on the rocks.
That she was heading back to Mumbai, as she could not adjust to the life of domesticity with her businessman husband Samrat Dahal.
She, however, confirms, "I am very much in Nepal. But I will not talk about my personal life. At the moment, all my friends know I need to be left alone.
I don't need to give explanations about what's going on in my life."
Interestingly, a close pal reveals, "Manisha has had to struggle against all odds to make the marriage work.
She has had to adjust not only to a life of domesticity, but also to her husband's entire family and their traditional way of life.
http://spotlightnepal.com/sln/News.aspx?ArticleID=1850
Nepal’s Air Crashed 19 passengers including 10 Indians Killed
News
t is yet to known the reason behind Buddha Air’s plane crashed. It seems that the Controlled flight into terrain (CFIT) seems to be reason behind the accident as the plane hit the mountain as it is in the process of landing.
Budha Air’s beeach craft, which was returning after completing mountain flights, crashed in a hill south of Kathmandu Airport early on Sunday killing all 19 on board including three crew members. Some locals said the plane caught flew lower than its usual course before it crashed and it was fuggy.
The cause of the crash is believed to be adverse weather conditions. The aircraft, which lost its communication at 7:30 this morning with the control room at Tribhuvan International Airport, Kathmandu, crashed while returning from a mountain flight.
Meteorological Forecasting Division on Sunday said that bad weather could have been a major cause of the Buddha Air plane crash. Also Civil Aviation Authority (CAA) said that they had not registered the weather forecast for today.
“We always notify about the weather forecast, but today the forecast was not recorded at all,” said senior official of CAA, Rajendra Shrestha. According to Shrestha the visibility at the crash site was minimum because of heavy fog and rain. He said that the crash could have been averted if a proper reading was taken on time.
http://spotlightnepal.com/News.aspx?ArticleID=1847
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