Hari Prasad Shrestha

Our economic growth has a tendency to fluctuate with unexpected ups and downs, which could hardly support the required level of development and cope with the businesses, unemployment and recession as well.

After an agreement between Nepali Congress and CPN-UML on constitution amendment, four months ago, there has been no further formal announcement from the government. This has delayed the proposed constitutional amendment process, raising suspicions about the intent of the government and the two part...

The recent electoral victories of independent candidates Balen Shah, Harka Sampang, and Gopi Hamal, who assumed mayoral positions in Kathmandu Metropolitan City, Dharan, and Dhangadhi Sub-Metropolitan City, respectively, signal a shift in Nepal's political landscape.

The Hindi movie ‘Baghban’ inspired me to write about senior citizens, who are abandoned by their children. The idea of the movie on abandoned seniors by their children  came to director and producer B. R. Chopra in Copenhagen during a tour across Europe in the 1960s, when he stayed at a hotel next t...

After the announcement of concessions and waiver of different fees and taxes by the Government of Nepal, a number of international airlines are set to fly to and from the newly-built Gautam Buddha International Airport (GBIA) and Pokhara Regional International Airport (PRIA) of Nepal. The airlines w...

The President of Bangladesh appointed Prof. Muhammad Yunus as a chief advisor of the interim Government of Bangladesh. During the swearing-in ceremony, he said, "I will uphold, support and protect the constitution,"  adding that he would perform his duties "sincerely".  A 16-member advisor  has been...

As an uncertain exercise of trial and error,  Nepal’s two biggest political parties, Nepali Congress Party and United Marxist Leninist Party have some sort of realization that a duopoly or two party system could be beneficial for their decisive role in politics and political stability in Nepal.

As a result of never-ending transitions and political instability in Nepal, even after thirty years of the multiparty system and nine years of the present constitution, politics is constantly sliding from democratic norms towards autocratic dynamics, and the economy is on the edge of collapse.

Until religions and autocracies remain attached with politics, it would be  unimaginable to hope for full democracy in the countries of the South Asia region.

In developing countries, a high proportion of economic activity is controlled, directly or indirectly, by the government, where the political process determines the allocation of resources. However, in advanced countries, the budget is a mechanism by which taxpayers and their representatives control...