Facebook Pixel Nepal’s convulsions and lessons for India | Business Standard - newspaper - Lisez cet article sur Magzter.com

Essayer OR - Gratuit

Nepal’s convulsions and lessons for India

Business Standard

|

September 17, 2025

Giving up on integrating South Asia in the image of the European Union or the Asean is a mistake

- SHYAM SARAN

The common thread among the recent eruptions of popular violence in Sri Lanka, Bangladesh and Nepal has been the lack of development and employment opportunities for a younger generation that is more educated, more exposed to regional and global currents, and more connected and engaged, both among themselves and with the wider world, thanks to the internet and social media.

These produce eddies and currents that may have no real focus but allow the venting of frustration and resentment, even while providing a platform for celebration of dance and music and for expressions of creative energies.

According to one estimate, 73 per cent of Nepali households own mobile phones and 55 per cent of the population uses the internet regularly. As in most developing countries, the proportion would be much higher among what is now being called Generation Z (or Gen Z). This is an empowered generation, but not always an enabled one, whose energies could be directed towards nation-building, towards the economic and social reform of theirsocieties, and towards a consciousness of being part of a larger humanity.

That requires a quality of political leadership that is sadly missing. It is important to realise that the convulsions we have witnessed among our subcontinental neighbours and even beyond, for example, most recently in Indonesia, have occurred in countries that are democracies, however flawed they may be. It would appear as if the default tendency among democracies is to drift towards oligarchy and sometimes towards autocracy, even if their electoral system remains functional. Given the increasing use of money power in elections and the use of political office as a means of enrichment and for mobilising even more funds for the next electoral exercise, it is not surprising that an enriched and entitled elite begins to lose touch with the popular condition.

PLUS D'HISTOIRES DE Business Standard

Business Standard

He raps, he rants, he promises change. Meet Nepal's presumptive new leader

Balen Shah: Will work with India to boost bilateral ties

time to read

3 mins

March 11, 2026

Business Standard

Waiver danger

Repeated farm loan bailouts must be avoided

time to read

2 mins

March 11, 2026

Business Standard

Equity MF inflows up 8% in Feb on lower redemption; AUM grows to ₹82 trillion

SIP inflows dip in truncated month; gold and silver ETF inflows fall sharply

time to read

2 mins

March 11, 2026

Business Standard

Acma flags export delays, LPG supply risk to MHI

India’s automotive component makers flag rising logistics costs, disruption in Red Sea shipping routes, and LPG/PNG availability concerns

time to read

2 mins

March 11, 2026

Business Standard

Courts examine Centre's digital takedown powers

The Karnataka High Court on Tuesday sought a response from the Union government on an appeal by social-media platform X Corp (formerly Twitter), which had questioned the legality of the Centre’s “Sahyog” portal, an online system used by authorities to issue orders to intermediaries on taking down content.

time to read

1 mins

March 11, 2026

Business Standard

Cabinet approves changes to IBC, two other Acts

Blueprint for multi-domain military reforms, capability upgrades unveiled

time to read

1 mins

March 11, 2026

Business Standard

SAT upholds Sebi order against Sahara group in ₹14.1K cr OFCD case

The Securities Appellate Tribunal (SAT) upheld regulatory action by the Securities and Exchange Board of India (Sebi) against Sahara India Commercial Corporation (SICCL).

time to read

1 min

March 11, 2026

Business Standard

Exporters to get ₹12 crore relief on stuck cargo

Jawaharlal Nehru Port Authority (JNPA), which is among India’s biggest ports, has decided to waive off ground rent and dwell time charges and provide rebates on reefer plugin fees to ease cost pressures on exporters whose cargo is stuck there amid the West Asia crisis.

time to read

1 mins

March 11, 2026

Business Standard

INDIAN BANK LAUNCHED 'IND ASPIRE-WOMEN' A CURRENT ACCOUNT FOR WOMEN ENTREPRENEUR WHILE ROLLING THE LAKHPATI DIDI DAIRY LOAN & SH E-VEHICLE SCHEME ON DIGITAL LENDING PLATFORM

Reinforcing its commitment to women empowerment and inclusive banking on the eve of International Women's Day, Indian Bank launched 'IND ASPIRE-Women', a specially curated current account designed to support the financial and business needs of women entrepreneurs.

time to read

1 min

March 11, 2026

Business Standard

India gets driver’s seat in Renault global futurEady road map

French automaker Renault on Tuesday announced its new strategic plan, futuREady, through which the company has set an ambitious target of selling 2 million Renault-branded vehicles by 2030, with half coming from outside Europe.

time to read

2 mins

March 11, 2026

Listen

Translate

Share

-
+

Change font size