Facebook Pixel Nepal’s convulsions and lessons for India | Business Standard - newspaper - Bu hikayeyi Magzter.com'da okuyun
Magzter GOLD ile Sınırsız Olun

Magzter GOLD ile Sınırsız Olun

Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin

$149.99
 
$74.99/Yıl

Denemek ALTIN - Özgür

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.

Business Standard'den DAHA FAZLA HİKAYE

Business Standard

Business Standard

Insurer made to pay claim for sabotage

Kesar Enterprises, a limited company engaged in the manufacture and sale of sugar and allied products, had obtained a standard fire and special perils policy from National Insurance Company.

time to read

2 mins

February 23, 2026

Business Standard

Smallcaps: A silver lining

Indian equity markets present a striking paradox.

time to read

3 mins

February 23, 2026

Business Standard

Business Standard

Škoda rides Kylaq wave; to sharpen focus on EV, CNG

Škoda Auto India is sharpening its focus on cleaner fuel technologies, such as compressed natural gas (CNG) and electric vehicles (EV), even as the compact SUV Kylaq emerges as the brand's primary growth engine in one of India's most competitive segments.

time to read

2 mins

February 23, 2026

Business Standard

PSBs outperform private peers, yet again

Combined net profit of listed universal banks crossed ₹1 trillion for the first time in a quarter, with three banks contributing at least 50%

time to read

5 mins

February 23, 2026

Business Standard

India, US postpone trade deal talks after Trump tariff verdict

Move comes as Washington trying to figure out legalities

time to read

2 mins

February 23, 2026

Business Standard

Oil PSUs spent 81% of FY26 capex target until Jan

India’s oil public-sector undertakings (PSUs) have utilised 81 percent of their targeted capital expenditure for the current financial year by January end, according to fresh data sources from the oil ministry, as firms work aggressively to boost domestic production and refining capacities.

time to read

1 mins

February 23, 2026

Business Standard

'Need to have one common standard on AI regulation'

Mastercard’s Chief Privacy officer Caroline Louveaux, in a conversation with Avik Das on the sidelines of the AI Impact Summit in New Delhi, calls for laws that are principle-based, future-proof, and tech-neutral to help enterprises adopt artificial intelligence (AI) at scale. Edited excerpts:

time to read

2 mins

February 23, 2026

Business Standard

High-frequency indicators point to moderation in Q3 GDP growth

Following higher than expected gross domestic product (GDP) growth of 8.2 per cent in the second quarter (July-September) of FY26, the Indian economy is expected to see some moderation in the third quarter (October-December) due to an unfavourable base effect and a slowdown in several key growth indicators.

time to read

2 mins

February 23, 2026

Business Standard

Economists explain our messy lives

Everyone sounds smarter when they argue in the language of economics.

time to read

2 mins

February 23, 2026

Business Standard

RRTS corridor comes live — with fastest metro

Country’s first RRTS corridor will cut travel time between Delhi and Meerut to under an hour

time to read

2 mins

February 23, 2026

Listen

Translate

Share

-
+

Change font size