Averting the ‘Lehman Momentum’ in Nepal
The health of Nepal’s banking and financial institutions has deteriorated drastically, causing panic among a section of depositors and government institutions.
- Hari Bansh Jha |
- July 18, 2011 |
- IDSA Comments
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The health of Nepal’s banking and financial institutions has deteriorated drastically, causing panic among a section of depositors and government institutions.
Aviation has been a favourite target for terrorist groups over the last three decades.
The recent activities of SIMI as well as its suspected links with groups like the Popular Front of India and the Karnataka Forum for Dignity and even the Indian Mujahideen suggest that it is regrouping to undertake terrorist attacks in different parts of India.
Although on the ground the areas of conflict are specific and do not cover the entire landmass as a map would indicate, the incoherence of the state’s response makes it appear that India is at war with itself.
There is a need to conclusively revisit the issue of India’s response, and other pro-active measures, to deter and forestall terrorist attacks in future.
Though the Astana meeting reflected a change in the OIC’s approach and understanding of the issues and problems of the Islamic world, lack of concrete action would lead to a further loss of credibility for the organisation.
Much has been written about terrorism and counterterrorism as forms of communication, but such analyses are usually jettisoned in the arena of “breaking news alerts” and real-time reporting.
Pakistan’s conciliatory approach towards India is tactical and could change rapidly if the army decides that its interests are better served through a more offensive posture.
The US is stopping the shuttle programme by design and not for want of technology or money; nor does discontinuing the space shuttle indicate that the US has lost the space race.
Civil society in general and the strategic community in particular must demand the release of documents pertaining to India’s security.
An expanded role beyond its borders, including R2P, needs to be included in NATO’s concept to ensure its future relevance.
A continuation of Australia’s ban on the sale of uranium to India is likely to hinder the goal of building a strategic partnership and exploring complementarities in the defence and maritime domain.
The success of high-level talks between India and Pakistan would depend on how the media shape popular opinion in the two countries and popular support to take the relationship forward.
Though Pakistan and Afghanistan still continue to be embroiled in religious and ethnic conflict, the rest of South Asia appears keen to check and go beyond such tendencies.
Under the November 2010 statement issued by India and the United States, India is committed to take only one step: harmonizing its export controls with those of all the four multilateral export controls regimes.
If the Army withers away then a fragmentation of Pakistan into a ‘Lebanonized’ state would become inevitable.
Given the reluctance of Nepal’s political parties to further extend the term of the Constituent Assembly, lack of progress in implementing the five-point deal will result in the CA becoming defunct by the end of August.
It is imperative that the transport connectivity in the Northeast be strengthened by the establishment of railway networks in the hinterland, by the timely construction of roads that extend to the borders, and by expediting the construction of bridges.
Significant policy differences between the DPJ and LDP and New Komeito’s unwillingness to lose its identity will prevent the formation of a grand coalition.
At the Second India-Africa Forum Summit held in Addis Ababa, India’s relations with African countries have got a boost with the various cooperation initiatives unveiled by the Indian Prime Minister, Dr. Manmohan Singh.



