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Showing posts from August, 2013

Kathmandu Hetauda Tunnel Highway (Fast Track)

Nepal Hydroelectricity (1)

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November Polls: Who Will Win?

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English: Top leaders of Nepali Congress –spokesperson Arjun Narsingh KC, vice presidents Prakash Man Singh and Ram Chandra Paudel and acting president Sushil Koirala—during the Central Working Committee meeting held at its central office in Sanepa, Lalitpur on Wednesday, September 15, 2010. (Photo credit: Wikipedia)Jhalanath Khanal said during his New York trip that his party seemed to be leading in 100 of the 240 constituencies in Nepal. Sushil Koirala has claimed his party will win a two thirds majority on its own. Prachanda thinks his party will win an outright majority. The numbers don't add up. All three of them can not be right. Especially when all three have undergone vertical splits. And so all three are poised to do less well than they did in 2008.

The Terai is likely to end up with two provinces, a Madhesh in the East and a Tharuhat in the west with Chitwan in between going to one of the hill states. But the Nepali Congress is not for that. And it is no longer the in p…

A 30 Year Gameplan For Nepal

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Deng Xiaoping (Photo credit: Wikipedia) (written for Vishwa Sandesh)

A 30 Year Gameplan For Nepal
By Paramendra Bhagat (www.paramendra.com)

It is possible for Nepal to become a developed nation in less than 30 years from now. China started running hard around 1980 when the pragmatist Deng Xiaoping took over. A few years from now China will have become a bigger economy than America, adjusted for purchasing power. Nitish has been Chief Minister of Bihar for less than 10 years and Bihar has become unrecognizable. His formula is simple: basic law and order, basic infrastructure, a check on corruption from the top.

Secularism is an achievement. Ending the monarchy is an achievement. Democracy is an achievement. Federalism is an achievement. A constitution written by elected representatives is an achievement. But Nepal has become what Bihar used to be notorious for. The law and order situation is very weak. Both petty crime and organized crime have taken root in the country over the past…

Feeling Intense About Nepal Hydro

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Nepal topography. The green/yellow zones hold the Inner Terai valleys. (Photo credit: Wikipedia) (published in Vishwa Sandesh)

Feeling Intense About Nepal Hydro
By Paramendra Bhagat (www.paramendra.com)

I harbor pretty intense feelings about Nepal hydro and hopefully I have been infecting some of the people around me.

Nepalis grew up being fed the potential of Nepal hydro. But if the country’s capacity is to produce 50,000 MW (some estimates put the capacity at 200,000 MW) then less than 1% has been produced so far, less than 500 MW. Most of what has been produced has been at the initiative of the government of Nepal with funding from entities like the World Bank, the Asian Development Bank and the like. But some small projects have made headway recently through efforts by private individuals in Nepal. That is commendable. There is some serious Chinese and Indian interest in the sector as well. China is especially to be watched. Some Chinese companies look like might swoop in and gr…

Indra Tamang

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I read Indra Tamang's entire blog yesterday, like every single blog post, how about it? And I left a comment at the bottom of each post.

I called up a mutual friend to ask for Indra's number. In less than 15 minutes I was on the phone with Indra who gave me his email address over the phone. Within minutes his online world opened up for me. He had a blog, wow, and photo albums on Picasa. I went through all the pictures. Then I started reading his blog.

I was looking for his number because he popped up on my list of about a dozen Nepalis in the city to approach for my Nepal Hydro Seed Fund. But before you know I was reading up blog post after blog post of his. I was gripped. A pretty good picture of who he was a person and what his story had been going back decades emerged from the posts. I did take a break and went for a long walk in between. But by the time I was done it was two in the morning. I emailed him and our mutual friend to share the news: Hi, I just finished reading…

Investment Opportunities

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Borderless Investments (Photo credit: mars_discovery_district) (published in Vishwa Sandesh)

Investment Opportunities
By Paramendra Bhagat (www.paramendra.com)

Your checking account gives you zero interest. The money is safe, but it is not growing. Your savings account famously gives you 1-2%. It is practically zero. Government issued bonds are safe but they also give returns in the 4% range only. That has been Madonna’s favorite thing to invest in. She did not need the money to grow, she knew she was going to make plenty of her own money; she just needed it to be safe.

If you invest in the American stock market in a sample basket of companies, say in a fund that is tied to the S&P 500 or the NASDAQ, in the short run you might lose or gain money. A few of your stocks might do spectacularly well, or might see a spectacular nosedive all the way to the company going down the tube and your losing all your money. But if you are not going to speculate daily, if you are not goin…