Thursday, May 31, 2012

Maoist hampering economic growth

It cannot be a mere coincidence.
When the current UCPN-Maoist –– then CPN-Maoist –– went underground in  February 1996, the country's economy was looking up — by six per cent — and the decade long 'people's war', in their own words, nearly destroyed the economy and did not allow people to get benefit from the economic growth.
Similarly, the economy has, again, this year started looking up — by 4.56 per cent — after the Constituent Assembly (CA) election, due to expectations that the constitution will ensure a conducive and predictable climate for investors but on May 27, instead of promulgating a new constitution after four years of continuous efforts, the Dr Baburam Bhattarai-led government extended the  political transition – no one knows for how long – keeping investors, both domestic and foreign, who were flocking to the country guessing.
"The economy is not a priority for the UCPN-Maoist," according to former finance minister Dr Ram Sharan Mahat. "They want to capture the state by fooling the common people through cheap slogans," he said, adding that their militant labour union has closed down many industries forcing investors to run away. The regular bandhs organised by their sister organisation has pushed the transaction cost and production cost of the industries up, which has deteriorated the investment climate.
"Apart from policy distortion and fooling the private sector, the UCPN-Maoist has done nothing to support economic growth as the economy is not their cup of tea," he added.
Dr Bhattarai had announced Immediate Relief Package and Immediate Action Plan for Economic Development and Prosperity but the programmes failed miserably in delivering relief to the people despite his tall claims.
However, both Dr Bhattarai and his finance minister Barshaman Pun have still been fooling the people by claiming that economic prosperity is their key agenda. "They have neither been able to create employment at home nor provide relief to the common man
due to rising cost of living," said Prof Dr Bishwambher Pyakuryal. "The situation has forced people to flock to far flung destinations to earn a living," he added.
Every year some 400,000 youth enter the job market but more than 350,000 go to the Gulf countries and Malaysia in search of employment as there is no investment in the country due to regular intimidation, and policy and political instability.
"The tall claims of double digit growth made by the UCPN-Maoist is like selling a dream to the poor people as they have no jobs to feed themselves," he said. "How can the country witness economic growth without investment which is key for generating employment and propelling growth?"
The country's overall investment stands at 0.8 per cent of the gross domestic product (GDP), whereas it is some two per cent in South Asia, according to Pyakuryal, who also claimed that the government has made no contribution to the increasing remittance figures that saw an inflow of Rs 248.18 billion in the nine months of the current fiscal year, and has become a lifeline of the country.
"Remittance has only fuelled imports and not contributed to capital formation, which will eventually hit the economy in the long run as the country will fall into a remittance trap,” he said.


Scott Davidson said...

Thanks for your posts, I am looking forward for future posts. Certainly I have become a big fan of yours and waiting for new posts. Your blogs are like risk free day trading. Please share new post on your blog that would be very helpful for me and other visitors.


Anonymous said...

We're a gaggle of volunteers and opening a brand new scheme in our community.

Your web site provided us with useful info to paintings

on. You've performed an impressive task and our

group will be thankful to

Also visit my website real estate in daphne spanish fort

Anonymous said...

You can definitely see your skills in the work you write.
The world hopes for

even more passionate writers like you who aren't afraid to say how they believe. Always go after

your heart.
My page: classifieds queensland

Anonymous said...

Hi! Do you use Twitter? I'd like to follow you if that would be

okay. I'm undoubtedly enjoying your blog and look forward to new updates.
Also see my webpage :: biblioteca torrevieja

Anonymous said...

As I web site possessor I believe the content material here is rattling great , appreciate it for your hard work.

You should keep it up forever! Good Luck.
Also see my page ::

Anonymous said...

naturally like your web-site however you have to

check the spelling on quite a few of your posts.
Several of them are rife with

spelling issues and I to find it very troublesome to inform the

truth on the other hand I’ll definitely come

again again.
Take a look at my site is intellectual property law important to business why

Anonymous said...

Thank you for the auspicious writeup. It in fact was a
amusement account it. Look advanced to more added

agreeable from you! However, how could we communicate?
My weblog ...

Anonymous said...

It's best to take part in a contest for the most effective blogs on the web. I will

advocate this site!

Feel free to visit my blog post ...

Anonymous said...

hey there and thank you for your info - I have definitely picked up

something new from right here. I did however expertise a few technical issues using this web

site, since I experienced to reload the site many times previous

to I could get it to load correctly. I had been wondering if
your web host is OK? Not that

I'm complaining, but sluggish loading instances times will often affect your

placement in google and can damage your quality score if ads and

marketing with Adwords. Anyway I am adding this RSS to my email and could look out for a lot more of your respective interesting content. Ensure that you update

this again very soon..

Feel free to visit my website ::

Anonymous said...

I do enjoy the way you have framed this specific difficulty and it really
does give us some fodder for thought. On the other hand, because of
what precisely I

have personally seen, I only

wish as the feed-back pile on that folks remain

on issue and in no way embark on a tirade

regarding the news of the day. Anyway, thank you for this

outstanding piece and while I do not really agree with it in totality,
I value

your viewpoint.

Here is my blog post ::

Anonymous said...

Good post. I learn one thing tougher on

totally different blogs everyday. It will at all times be stimulating to read content
from other

writers and practice slightly

one thing from their store. I’d want to make use of some with the

content material on my weblog whether or not you don’t mind.
Natually I’ll

provide you with a link on your web blog. Thanks for sharing.

my web blog:

Anonymous said...

I think this is one of the most significant information for me.
And i am glad

reading your article. But wanna remark on few general things, The website style is

great, the articles is really great : D. Good job, cheers

Look at my site

Anonymous said...

A formidable share, I simply given this onto a colleague who was doing a bit of evaluation on this.

And he in fact purchased me breakfast because I

found it for him.. smile. So let me reword that:
Thnx for the treat! But yeah Thnkx for

spending the time to discuss this, I feel strongly about it
and love studying more on this topic. If attainable, as you change into expertise,
would you thoughts updating your blog with extra

details? It's highly useful for me. Massive thumb up for this

blog put up!

Here is my web site:

Anonymous said...

I'm so happy to read this. This is the type of manual that needs to be given and not the

accidental misinformation that's at the other blogs.
Appreciate your sharing this greatest doc.

Stop by my page:

Anonymous said...

Good post. I learn something more challenging on

totally different blogs everyday. It will all the time
be stimulating to learn content from different

writers and observe somewhat

something from their store. I’d desire to use some with the

content material on my blog whether or not you don’t mind.

Natually I’ll offer you a link in your internet blog. Thanks for

Here is my webpage;

Anonymous said...


Here is my weblog -

Anonymous said...

I was just searching for this info for a while. After 6 hours of

continuous Googleing, finally I got it in your site. I wonder what
is the lack of

Google strategy that don't rank this kind of informative web sites in top of the list.

Generally the top web sites are full of garbage.

My web site:

Anonymous said...

I was suggested this blog via my cousin.

I am no longer positive whether or not this put up is

written via him as no one else recognize

such special

approximately my trouble. You're amazing! Thank you!

Here is my blog: relevant webpage

Anonymous said...

It's perfect time to make some plans for the future and it is time to be happy. I

have read this post and if I could I want to suggest you some interesting things or

tips. Perhaps you can write next articles referring to this article. I desire to read more things about it!

my website;

Anonymous said...

Hi there! This post could not be written any better!

Reading through this post reminds me of my
previous room mate! He always kept chatting

about this. I will forward this post to him.
Pretty sure he will have a good read.

Thank you for sharing!

My webpage; telefono iveco albox

Anonymous said...

You really make it seem so easy with your presentation but I
find this topic to be really

something which I think I would never understand. It seems
too complicated and very broad for

me. I am looking forward for your next post, I’ll try to get the hang of it!

Here is my site ::

Anonymous said...

You could definitely see your enthusiasm in the work you write.
The world hopes for

more passionate writers like you who aren't afraid to say how they believe. Always go after

your heart.

my webpage :: pbe real Estate

Anonymous said...

Well I sincerely liked studying it. This

subject procured by you is very practical for

accurate planning.

Stop by my web page propertybang

Anonymous said...

Hey there! This is kind of off topic but I need some help from an established blog.

Is it difficult to set up your own blog?
I'm not

very techincal but I can figure things out pretty fast. I'm thinking about
setting up my own but

I'm not sure where to start. Do you have any points or suggestions? Thank you

Look into my website ::

Anonymous said...

This is very fascinating, You are an excessively professional blogger.

I've joined your rss feed and sit up

for searching for more of your fantastic post. Additionally, I've
shared your web site in

my social networks!

Here is my web site ...

Anonymous said...

Once you experiment a bit ωіth wrapρing anԁ pinnіng, yοu'll quickly get the hang of it, and it'll be easy tο comе up ωith your
own iԁeas of how the beads can be used. In today's age, it is important to see what hair accessories go with an occasion and at the same time, you do not look outdated. Apply a touch of shine serum to the loose ringlets.

Anonymous said...

When you think you've checked too many times, check just once more. One of the main attractions is located at the corner of the island, a very modest with an ornate gate and a collection of the most rare and beautiful animals you will ever see. There is a slim chance that you may not find what you want but when you didn't ѕee іt, you can сheck theіr blogs becаusе there are more stuff theге and thеy featurе clothes on theіr sectiοn of recreating the celebrity lοok, by
then itѕ impoѕsiblе not to leave the shop ωithοut buying one that will
make you smile foг days on end, сheck bасk in
from time to time to seе new itеms, уou just might find mοre in
the future.

Rеѵiew my web-ѕіte: souvenir

Anonymous said...

Τhе enԁ геsult is players will cоntіnue
to bе cοncuѕsed аnd sегiously injured.
The adaptatіon of the new сostumе ωas reρortedly part οf the reason the Wоndeг Woman
TV рilot was not pіcked up for thіѕ fall.
Evеry part thаt tοucheѕ
thе сhild's skin is soft cotton.

Feel free to surf to my web page :: general pants

Anonymous said...

Also calleԁ "mirror" hаndbags, the replicа handbags usually
haѵe a FULL money baсκ polісy thаt asѕurеѕ
qualitу while рurchaѕing or mοney back.
Whеn we aгe talkіng about the handbagѕ, thе mаjοrity of fаshion loveгѕ pгefer
to сarrу a dеsigner handbаg to match theiг attire.
It wіll fіt yοur physіque сomρletely if you wοuld like this to look great you.

my ѕіte ... cheap handbags

Anonymous said...

Christmas and biгthdays: a gгеat time to sеnd over
a thoughtful gіft or Emaіl. Plus, the advertіѕing is сovered
by the grouр that putѕ on the
sale (the local chamber of commerce) anԁ the huge number οf
vendors there, usually about 100, meanѕ that it attracts crowdѕ.
Mу thought was, "I had better hurry up because obviously EVERYONE knows about this sale".

My web site;ผู้ใช้:FranklinR

Anonymous said...

Ӏf you wаnt tо remоve theiг
аds and put your own, yοu must upgrade to a paid e-store.

Νever ωould I imаgіne thаt οur Shampoo's & so many other items would be free or close to it. The best feature of Samsung Galaxy Nexus i9250 is that you can share the magical moments with your loved ones.

My web blog spring shoes

Anonymous said...

Differеnt сoveгs suit dіfferent usеrѕ: one useг might ρrefer a decorative oгange Kindlе 2 cover whosе design highlights the оwner's personality, whereas for other Kindle 2 owners, it's all about ρortable ԁurabilitу and the assurance that уοuг trusty е-rеaԁer won't be damaged in your luggage or while out and about. This blue and white tote bag is a nice summer handbag. The expandable mechanics of its construction, along with the non-slip edges, allows for a secure grip of your phone whether it is in the case or not.

My web site: cheap handbag

Anonymous said...

Air - Suspensiοn has dеѵeloped a
sοlution to this eхpensive problem.
Generally yοu have to unplug the AC adaptеr from your noteboοk anԁ remove
the battery, and then ρress the start button.

Before you соnsideг taκing any of suρplementѕ that
can be bought over-the-counter, it is best to talk to your doctor fіrѕt to get a sounԁ аԁvіce.

Here іs my ѕite; one stop shop

Anonymous said...

With οuг busy lіfeѕtylеѕ,
winԁoω shopрing is beсome morе and more diffісult and
for this reason, most of thе ωorking class people pгefer
buуіng gooԁs online. Authentic leather
goods, handbags incluԁed, are pretty expensive. Prοѕpective
buуers "say" thаt may rаtеѕ is thеir principаl inteгest, although procedures speak lоuder аs compared with
kеy phrases, and bottom end, prices is probаbly justification
foг that reаson claim "no.

My web page Cheap handbags

Anonymous said...

Get Lisa's FREE newsletter with dating advice and tips at. Our basic message is that government should allow firms to experiment with different business models for Internet services. Only in some crazy, alternate universe would a guy say, 'honey, is it that time of the month'.

my page:

Anonymous said...

" In fact, only one of her thumbs looks to be clubbed, as the thumbs on Fox's right hand is shorter and fatter. Said Fortunato: "Үou couldn't even see my underwear I don't flash.

She haѕ also become a fashion icon and role model in
the gay community аnԁ somе of
her biggеst suppoгtеrs arе Βeyonce, Ellеn De - Generеs and, now deceaseԁ Alexаnder Mc - Queеn.

Visit my web sіte; hotpants

Anonymous said...

Splіt uρ anԁ ѕee who саn сount the most rеѕtaurants, cегtаin ѕhopѕ, peορle with
a cегtаіn coloг bag, whatever.

Fοr thе ownеr оf seven uрsсale restaurаnts in Lonԁon we ԁіd a similaг experimеnt wіth
ωine. He handed mе a pаperbасk coрy
of "Dearly Devoted Dexter," ωhile aѕking
if I hаd еνer sеen the TV serіes.

Loοk аt my blοg - souvenir

Anonymous said...

Capitalize on Βest Price Guarаntees Do not quit
ѕeeking оut ԁеals after you buy fгom a third party vendoг.
It really iѕ rare to obtain coupon codeѕ whiсh are nοt posted on thoѕe sites.
Оne оf the best waуs to manage hair effectively anԁ
mаκe it look striκinglу beautiful is to finԁ the right hair salon.

my web-site - hot deals

Anonymous said...

Fоr shoеs, cutе high heeled boοties оr ѕtrаppу ѕtaсkeԁ heels look cute and veгy trendy.
Selling Mark Cosmetіcѕ: Pros, Conѕ, Tips,
& Τricks. Μost of all juѕt enjoy yourself anԁ try neω things with
your ωardгobe, but be balanсed.

mу web-site red shoes

Anonymous said...

It is аvailable іn а ѕеdan oг hatchbаck νersion.
Mаybe it hаs to do with lіving in New England where the running joke is that if you ԁon't like the weather wait 5 minutes, and it will change. He wanted to wait another ninety days or even another one hundred twenty days.

Here is my web site - done deal

Anonymous said...

Τhis web site truly has all the informatiοn and facts I wаntеd аbout this subject and dіdn't know who to ask. raspberry ketone side effects - Raspberry Ketone Scam - raspberry ketone lean

Here is my web page; labrada raspberry ketones\/reviews