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Friday, December 22, 2006

Prelude to another fallout?

IIPM PUBLICATION

Instead of ideology, commitment to change holds the key for Nepal
The much awaited agreement between the government of Nepal and the rebel Maoists has renewed hopes of lasting peace in the former Himalayan Kingdom, promising the culmination of the long armed struggle. “This ends more than one decade of civil war in the country,” was what Nepali Maoist leader Prachanda had to say after signing the historic agreement with Prime Minister Girija Prasad Koirala. The ten year struggle led to an estimated loss of over 13,000 lives.

With the Maoists finally joining the political mainstream, things are likely to get better. However, despite the agreement, certain issues continue to linger on. Although the Maoists have agreed to follow the ballot box route to power, they still continue to have a large number of active armed soldiers in their midst.

Furthermore, keeping in mind the previous instances of alleged human rights violations by the Maoists, it may be hard to expect free and fair polls in the regions of Nepal that are dominated by them. Other than that, the Maoists are quite uncomfortable with King Gyanendra and would continue to persist in their endeavour to give a final burial to monarchy in Nepal.

On the economic front, Prachanda will not hesitate to add a socialist tinge, which may create an environment that is not conducive for foreign investments. Presently, Prachanda enjoys considerable support from his comrades in arms, but to retain this level of support in the long run he will need to deliver on the dreams he has weaved for the impoverished Nepalese. But in doing so, he would need more of pragmatism than ideology & jingoism.

Edit bureau: Kalyan Upadhyay

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Source :
IIPM Editorial, 2006

Dean of IIPM :-
Pofessor Arindam Chaudhuri (Renowned Management Guru and Economist)

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