The health of Nepal’s banking and financial institutions has deteriorated drastically, causing panic among a section of depositors and government institutions.
Given the reluctance of Nepal’s political parties to further extend the term of the Constituent Assembly, lack of progress in implementing the five-point deal will result in the CA becoming defunct by the end of August.
The Nepalese Army’s proposal on integration addresses both the Maoists’ insistence on integration of the ex-combatants and the non-Maoists’ anxiety that the army could face a professional crisis and politicisation.
Nepal used to be a safe zone for India. China was least interested in Nepal till 1950s. But strategic design changed once China forcefully occupied Tibet. Nehru tried to strengthen the Indian positioning in Himalayan sphere vis-àvis China. Things became more complicated once China started intruding in Nepal. This article tries to see the emerging Chinese threats from Nepal. Since 1,751 km India-Nepal border runs through 20 districts of five Indian states. The India-Nepal border is open. China has tried through its long strategy to erase Nepalese dependency on India.
S.M. Krishna should reassure the people of Nepal that India has always acted in the interests of the Nepalese people and that it has no intention to interfere in the internal politics of the country.
India needs to chalk out a new paradigm of engagement with the emerging Nepal in which economic and border management issues are prioritised over political issues.
