My Republica

Shanker Man Singh

(The author is a former head of Nepse and SEZ and is currently affiliated with the private sector.)

Is NRB Directive on Working Capital Loan Private Sector-friendly?

Published On: January 9, 2023 10:45 AM NPT By: Shanker Man Singh

The NRB has given two and a half years time to the borrowers who are using more than the limit set by the working capital loan guidelines 2079BS to bring them within the limit.

Expectations from the New Government

Published On: December 27, 2022 09:00 AM NPT By: Shanker Man Singh

The new government is expected to establish the rule of law and end impunity. To do that, the major political parties, especially those in the government, must instruct their workers and leaders at the local level to create an environment that allows the various organs of the state to exercise their duties and rights freely.

Expectations from the New Government!

Published On: December 26, 2022 09:00 AM NPT By: Shanker Man Singh

It is necessary to create a standard regarding projects of national pride. A strategy should be brought out with a clear program regarding what kind of projects should be called projects of national pride, what kind of priority and facilities such projects should get and how these projects should be completed on time.

Can Businessmen be Successful Politicians?

Published On: December 20, 2022 09:00 AM NPT By: Shanker Man Singh

After the implementation of the proportional election system in Nepal, the competition to become a member of parliament has become especially popular among businessmen and industrialists.

MCC in Nepal: Games Nations Play!

Published On: February 23, 2022 06:30 AM NPT By: Shanker Man Singh

The geopolitical confrontation between the US and China has been escalating since 2015 and Nepal is in a sensitive position in terms of geographical location. That is why we need to have a balanced relationship not only with India and China, but also with the United States.

Impact of New Indian Budget on Nepal: Some Observations

Published On: February 3, 2022 07:28 AM NPT By: Shanker Man Singh

Nepal has close economic ties with India due to open borders and recent exchange rate arrangements. Therefore, under the national policy of effective management of national economy and liberalization and globalization, Nepal should regularly monitor India's economic policies and programs to get maximum benefit from Nepal's economic partnership with the outside world.

Prithivi Jayanti and National Unity Day: Unity in Diversity

Published On: January 11, 2022 03:07 PM NPT By: Shanker Man Singh

As Nepalis, we all need to be proud of King Prithvi Narayan Shah and his contributions to the country. He is equal for all of us who are proud to be Nepalis.

Oil Price Hike in Nepal: Some Critical Observations

Published On: November 26, 2021 08:30 AM NPT By: Shanker Man Singh

In this context, the market for petroleum products is so sensitive that fluctuations in the international market price may not take long to make a profit or loss in crores of rupees. Nepali private sector entrepreneurs are not in a position to take this risk.

Exporting Electricity to India: Will it Prove to be a Milestone?

Published On: November 10, 2021 07:30 AM NPT By: Shanker Man Singh

The Nepal Electricity Authority is now in a position to sell its surplus energy. The countries of South Asia are some of the poorest countries, which aspire to high economic growth to improve the quality of life in the coming years. However, the unavailability of reliable and adequate electricity is one of the major obstacles to realizing their economic potential.

Assessing the country’s total wealth

Published On: September 30, 2021 06:30 AM NPT By: Shanker Man Singh

Finance Minister Janardan Sharma has announced an assessment of the country's total assets. He has said that he will launch a campaign to assess the country's wealth and will not back down from it. In Nepal, for the first time in 2067 BS, an attempt was made to start a program to assess the country's wealth. Although the then finance minister announced the program, it did not start.

Oil Price Hike, Again!

Published On: August 29, 2021 05:25 PM NPT By: Shanker Man Singh

After the increase in consumption, the management cost per liter has to be reduced. What does the NOC do?  What is the function of the Price Stabilization Fund?  Why not use it?  Shouldn't the tax levied by the government be reduced in such a short time? Why charge more than the cost price?

Without good governance, monetary policy will not be effective

Published On: August 22, 2021 07:18 AM NPT By: Shanker Man Singh

KATHMANDU, August 21: The most important question has never been raised: Can an open economy like Nepal pursue an independent monetary policy and inflation rate by maintaining a stable exchange rate with its major trading partners? My answer is a ‘no’.  Unfortunately, policymakers never know, despite comments in the past from many organizations and individuals.

Govt’s Common Minimum Program: Effective implementation expected

Published On: August 15, 2021 03:55 PM NPT By: Shanker Man Singh

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.

Possibilities of economic cooperation between Nepal and Bangladesh

Published On: August 8, 2021 12:43 PM NPT By: Shanker Man Singh

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.

Build Back Better with Cooperatives

Published On: July 24, 2021 02:15 PM NPT By: Shanker Man Singh

Cooperatives in Nepal offer a wide range of services, including savings and credit, insurance and non-financial services. Their achievements in the field of socio-economic development of the members indicate that they can grow as cooperative players in the development of Nepal.

Monetary Policy 2078/79 amid Second Wave of Covid-19: Nepali Expectations

Published On: July 6, 2021 02:29 PM NPT By: Shanker Man Singh

Can an open economy like Nepal, which maintains a stable exchange rate with its major trading partners, pursue an independent monetary policy and inflation rate? Our regular answer is no. Unfortunately, policy makers never learned without comments from many organizations and individuals in the past. It may be recalled that the IMF has described how to conduct the monetary policy in Nepal.

Online Education amid COVID-19: An assessment

Published On: May 22, 2021 07:00 AM NPT By: Shanker Man Singh

It is important to understand that a new era in education has begun with the destruction caused by the coronavirus. This new age of education is new for all of us. Studying at home is not an easy subject.

Labor Day 2021 for Safety and Health

Published On: May 1, 2021 07:44 AM NPT By: Shanker Man Singh

Today's historic day is expected to inspire governments, workers, consumers and employers to move forward with the country's economic development. The slogan for Labor Day in 2021 is: Invest now in flexible occupational safety and health systems. ”