India or China’s favorite government this time in Nepal? Voting on November 20, know who is ahead – न्यूज़लीड India

India or China’s favorite government this time in Nepal? Voting on November 20, know who is ahead


Bad economy and inflation issue

Nepal is also caught in the grip of a slowdown in the global economy and Nepal’s population of about 30 million people is troubled by the energy crisis arising out of the Russian attack on Ukraine. Along with this, the global food crisis has also had a deep impact on Nepal and the effect of inflation can be seen in the sale of food items. Inflation of 8 percent has come in Nepal in the last one half, which comes after two years of Kovid crisis. Therefore, inflation has also troubled the Nepali people. Every fifth person in Nepal works on an income of just two dollars i.e. about 166 rupees per day. Therefore, this class can take the side of those politicians who will promise to check the rising prices of food and other essential commodities. The economy is expected to expand by 5.1% at the year-on-year mark in the current fiscal beginning mid-July, according to World Bank estimates. It registered a growth of 5.84% in the previous year.

political stability issue

political stability issue

Political stability has brought much trouble to the poor nation of Nepal, discouraging many investors between China and India. Nepal has had 10 different governments since the end of the 239-year-old monarchy in 2008. Nepal’s three major parties—the Nepali Congress, the Communist Unified Marxist-Leninist (UML) Party and the Maoist Center—have led separate coalition governments in the past, but none have held their own for a full five years due to power struggles and infighting. term has not been completed. However, the leaders of the Maoist rebels, who declared a ceasefire in 2006 after a decade of fighting with the government, have joined mainstream politics. Finance Minister Janardan Sharma, who worked as a Maoist guerrilla commander, has said that Nepal’s recent economic crisis and political stability will definitely be on the voters’ mind in the elections.

Who is ahead and who is behind in the election?

Who is ahead and who is behind in the election?

This time the contest in Nepal elections is mainly between Nepali Congress Party and UML Party. The Nepali Congress currently leads a coalition of four different parties and has been in power for more than three decades. Prime Minister Sher Bahadur Deuba, who leads the Nepali Congress Party, has formed an alliance with the Maoist Center Party, the main group of former Maoist rebels. Deuba, 76, wants to return to power for the sixth time. His Nepali Congress party is considered the closest to India. So, if his government is formed, India will be happy. The UML, led by 70-year-old KP Sharma Oli, is in a flexible alliance with a royal group.

Koli can be China's favorite!

Koli can be China’s favorite!

Known for his pro-Beijing stance in his last term, Oli is the preferred prime ministerial candidate in his coalition, and if his alliance wins, he will become prime minister. Koli has been prime minister twice before, and China will be happy with him becoming the prime minister. At the same time, the Maoist Center Party, led by Supremo Prachanda, may come in the role of kingmaker. However, Prachanda’s mind is still left to miss becoming the Prime Minister for the last time. However, there is no opinion poll before elections in Nepal, so which party gets the upper hand, it is not known.

India and China eyes

India and China eyes

On the election to be held on November 20 in Nepal, the entire eyes of both the neighboring countries India and China are resting on the domestic politics of Nepal. Both India and China share economic and strategic interests with Nepal. China has signed infrastructure projects with Nepal under its massive Belt Road Initiative (BRI) and is also envisioned to connect Kathmandu to Lhasa via the Trans-Himalayan Railway network. Earlier this year, Nepal approved US assistance worth ₹500 million to upgrade roads and build an electric transmission line. China has expressed its concerns about the US presence in Nepal and has considered the decision controversial. At the same time, India wants that the government of its choice should be formed, so that the steps that China has taken inside Nepal in the last few years can be removed.

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