KATHMANDU, August 18: Given Nepal’s current situation, MCC or no MCC is not going to make any difference. The sky is not going to fall without the MCC, nor will we be having a heavenly ride with the MCC. Yet, the political forces in the opposition have found it to be a rallying cry.
At a glance, the Common Minimum Program was the demand of the Maoist Center, which has been calling for an all-party mechanism to make governance easier. Experts in bureaucracy, administration, and law say that the formulation of such a program seems to have become a fashion in Nepal instead of a necessity.
In South Korea, unlike other countries, employers pay migrant workers equal to Korean workers. On average, per month, Nepali workers earn 1500 to 2200 USD. In 2020, at minimum, their earnings grossed 8590 Won (roughly 7.5 USD) per hour for 40 hours a week. In 2021, the hourly minimum wage has already been increased to 8720 Won. During additional hours and holidays, workers receive even higher wages.
In Nepal, the minimum wage was introduced in the fiscal year 2007/08. Between 2007/08 and 2018/19, our economic growth has remained at an average of 4.59 percent while the minimum wage over the last decade has increased by 400 per cent. The gap between productivity and minimum wage seems to be ever-widening. The government is more focused on increasing access to the share of the shrinking economic pie instead of expanding the whole pie.
Emotions are the byproducts of human psychology that drive buyers from their homes to shops and marketplaces. Buyers are in one way or the other taking initiatives to achieve desired states of emotion through products and services. Hence, products and services contain emotional elements.
General Thapa also knew very well that cooperation and coordination with other security agencies is a must to ensure effective national security and acted accordingly. His visit to Nepal Police Headquarters -- the first time ever by any incumbent army chief -- to congratulate newly-appointed Nepal Police Chief Shailesh Thapa is a testimony to this. General Thapa also ensured equally close coordination with the Armed Police Force (APF), which is mandated to guard Nepal's international border. It was never such a close cooperation the army established with other security agencies.
Although Nepal and Bangladesh are neighboring countries, trade and economic relations between the two are negligible. We are conscious of promoting trade and economic cooperation based on equality and mutual benefit, but the reality is we have not been able to expand our bilateral trade.
With a weak data privacy regime, Nepal is among the world’s least regulated data regimes putting forward an elevated obligation toward the regulator to rigorously work on drafting a regulation to regulate data privacy in Nepal.
For me, as an academic taking interest in issues like business ethics, corporate social responsibility and anti-corruption, keeping aside highly personalized attacks and innuendos, Mr Shrestha’s appointment opens up a never-ending debate on nexus between business and politics in Nepal. Once again, I repeat, business is politics and politics is business in my Nepal.