No’pal, Nepal is really changing!
Prachanda's election as the Prime Minister may alter the course of Nepal's politico-cultural ships...
It was not the first time that Nepal has sworn a 'promising'
Prime Minister. Yet, people who saw the swearing-in ceremony of Pushpa Kamal Dahal, who goes by the nom de guerre Prachanda, reckon that politics in Nepal will change forever. Few eyebrows were raised when Prachanda decided to do away with the tradition by wearing a double-breasted suit instead of Nepal’s national dress for the ceremony; that too, in a nation where only weeks ago the Vice President had to publicly apologise for taking an oath in Hindi and not Nepali. When Prachanda decided to take the oath in the name of “people” and not “in the name of truth or God” (as was the tradition) and started preparing for an official visit to China and not India (traditional again), bureaucrats from MEA were easily seen shifting uncomfortably in their South Block chambers. Surely, breaking age long traditions seem to be the new in-thing in Nepal.
The leader of the decade-long Maoist rebellion in Nepal was finally elected PM after four months of political wrestling. The contest saw him winning 464 of the 577 ballots cast in the 601-strong Constituent Assembly. Three parties — Nepal Mazdoor Kisan Party, Rashtriya Jana Shakti and Rastriya Janamorcha — abstained from the voting. He was also backed by two other parties — the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) and the Madheshi Janadhikar Forum (MJF) — and other smaller parties. But then they say, winning is only the start, Prachanda can surely hope to laugh his way to the parliament. C. K. Lal, a noted political analyst from Nepal while talking to B&E notes, “The situation is still fluid. Whatever is happening is very uncertain as there is no political consensus, whatsoever, amongst the political parties.”
The Maoists have already achieved their main goal, the end of 239 years of Hindu monarchy and declared it a federal republic. But there are other issues in focus. The most contentious among them is the control over the defense ministry and the future of 19,000 former Maoist guerrillas. Also, the Maoists would like to bring-in some sweeping economic changes which will be opposed by centrist parties. “The integration of the People''s Liberation Army into the Nepal Army will see lots of arguments and counter-arguments. Expect some fireworks on the economic front too,” says Amit Dhakal, a noted Nepalese politics expert to B&E.
It is India which will feel the maximum heat. While India has nurtured some ties with the former rebels, there is a growing concern over Maoists'' links with China. Prachanda, has already started talking about a more “balanced” approach in Nepal''s dealings with neighbours, and he doesn''t seem to be lowering decibels anytime soon!
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
It was not the first time that Nepal has sworn a 'promising'
Prime Minister. Yet, people who saw the swearing-in ceremony of Pushpa Kamal Dahal, who goes by the nom de guerre Prachanda, reckon that politics in Nepal will change forever. Few eyebrows were raised when Prachanda decided to do away with the tradition by wearing a double-breasted suit instead of Nepal’s national dress for the ceremony; that too, in a nation where only weeks ago the Vice President had to publicly apologise for taking an oath in Hindi and not Nepali. When Prachanda decided to take the oath in the name of “people” and not “in the name of truth or God” (as was the tradition) and started preparing for an official visit to China and not India (traditional again), bureaucrats from MEA were easily seen shifting uncomfortably in their South Block chambers. Surely, breaking age long traditions seem to be the new in-thing in Nepal.The leader of the decade-long Maoist rebellion in Nepal was finally elected PM after four months of political wrestling. The contest saw him winning 464 of the 577 ballots cast in the 601-strong Constituent Assembly. Three parties — Nepal Mazdoor Kisan Party, Rashtriya Jana Shakti and Rastriya Janamorcha — abstained from the voting. He was also backed by two other parties — the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) and the Madheshi Janadhikar Forum (MJF) — and other smaller parties. But then they say, winning is only the start, Prachanda can surely hope to laugh his way to the parliament. C. K. Lal, a noted political analyst from Nepal while talking to B&E notes, “The situation is still fluid. Whatever is happening is very uncertain as there is no political consensus, whatsoever, amongst the political parties.”
The Maoists have already achieved their main goal, the end of 239 years of Hindu monarchy and declared it a federal republic. But there are other issues in focus. The most contentious among them is the control over the defense ministry and the future of 19,000 former Maoist guerrillas. Also, the Maoists would like to bring-in some sweeping economic changes which will be opposed by centrist parties. “The integration of the People''s Liberation Army into the Nepal Army will see lots of arguments and counter-arguments. Expect some fireworks on the economic front too,” says Amit Dhakal, a noted Nepalese politics expert to B&E.
It is India which will feel the maximum heat. While India has nurtured some ties with the former rebels, there is a growing concern over Maoists'' links with China. Prachanda, has already started talking about a more “balanced” approach in Nepal''s dealings with neighbours, and he doesn''t seem to be lowering decibels anytime soon!
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
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e repercussions of the Nano, since Bajaj is also keen on this segment?
steadily, it seems, becoming more insistent. The July meeting in Geneva between Iran and six major world powers on Iran’s nuclear programme ended with no progress. The Bush administration was widely praised for having shifted to a more conciliatory stand – namely, by allowing a US diplomat to attend without participating – while Iran was castigated for failing to negotiate seriously. And the powers warned Iran that it would soon face more severe sanctions unless it terminated its uranium enrichment programmes.
showcase their progress and prosperity to the world. Human rights have been placed on the altar time and again en route to this prosperity; ironically, even in organising the event that showcases it; whether it is relocating factories or putting vehicles of the roads, or, even more recently, refusing permission to people for flying their pigeons near airport areas! Unfortunately, with all the precautions it is taking, China’s human rights record seems to be haunting it all the way to the opening ceremony of the event.
Cement companies scored a close third in value terms (9%). And the $349 million deal between Lafarge India and Larsen & Toubro (L&T) – wherein the former acquired the Ready Mix Concrete (RMC) business of the latter – is only set to make the scale heavier for investments received by cement companies. There is however a bigger truth of symbiotic intentions. While L&T can avail of the huge funds to concentrate on its core businesses, the deal gives Lafarge a better shot at the emerging Indian market.
procedures, be it the World Trade Organisation or the World Wide Web. And sufferers of this are the normal users. According to Netcraft’s January 2008 web server survey, a whopping 156 million websites (about 25 billion pages) are functioning on the internet. That provides a pointer towards intricacies involved in maintaining digital identities by the users and service providers as well. A step has been taken in this regard. OpenID Foundation recently announced that Microsoft, Google, Yahoo, IBM & VeriSign have joined as first corporate board members. As of now, over 10,000 websites support OpenID, but it didn’t gain wide acceptance from users due to absence of big names. With five of the biggest names on internet and business joining the foundation this may change soon. “With this support from the new company board members, the OpenID Foundation will be able to continue to promote and protect the technology and its community moving forward,” said Bill Washburn, Executive Director, OpenID Foundation, adding, “these companies will help bring OpenID into the mainstream markets.”
to leave any chance to cash on the healthcare boom in India. In order to further consolidate its position, the healthcare group has recently chalked out a massive Rs.7.1 billion expenditure plan to set up hospitals in Mumbai and Chennai. While, the Group would invest about Rs.6 billion for its Mumbai expansion, the sate-of-art orthopaedic hospital in Chennai with 200 beds would engulf the rest of the investment corpus. The Group has even tied up with Western Hospitals for setting up these ‘centres of excellence’ at various places in Mumbai. Quite a handful, isn’t it?
improve its content and make the website more popular, Google’s online video sharing site, Youtube, has decided to share the revenue with its users. Interestingly, another internet company called Rewer, which also offers internet content to the users, adopted the strategy of attaching advertisements with the user-submitted videos, and in turn, it shares the ad revenue with its users. Now, with Youtube following the same strategy, more and more users are expected to contribute quality content to such websites. Already, with over 70 million videos being watched on Youtube everyday, Youtube has become an internet phenomenon since late 2005.
record financial performance, it’s award time at Infosys. Forrester Research in its recent report on the retail banking platforms has ranked ‘Finacle’, a banking software product from Infosys as the best retail banking platform. The report chose Finacle (among five global retail banking platform vendors) for its overall strategy. It evaluated the vendors according to 83 parameters under three key areas of market presence, current offerings and their strategy.
