There is a perception in certain quarters that Nepal was not given due share in the three major water deals between Nepal and India, namely the Kosi Agreement, the Gandak Treaty and the Mahakali Treat
Chair: Ambassador K V Rajan
Discussant: Ms Akanshaya Shah
For a long time, it was common practice to term the rate of economic growth in India the ‘Hindu rate of growth’—a derogatory term for the low growth rate of the economy.
Lower riparian countries likely to be affected by China’s construction of dams and river diversion projects in Tibet need to initiate a bilateral or multilateral dialogue with China.
Lower riparian countries must develop sound strategies to bring China to the negotiating table with a view to stopping it from further damming or diverting the waters of the Brahmaputra or any other river originating in Tibet and flowing into South Asia.
In the existing situation, any effort to do away with the pegging arrangement would further invite capital flight from Nepal and thus affect business, trade and other economic activities.
The health of Nepal’s banking and financial institutions has deteriorated drastically, causing panic among a section of depositors and government institutions.