NRB’s decision to bar the financial institutions from charging accounts maintenance fees and from realising loan pre-payment fees are welcome moves but it is deplorable that the bankers’ bank takes annoyingly too long time to arrive at decisions to regulate and discipline the FIs from unduly robbing the common man. It must make quick and fast all such previously realised charges null and void and also must review their policy of giving very low interest to the depositors while charging high rates plus various fees to the borrowers. It also should look into their exorbitant charges and conditions in the closure of
deposit accounts that they prod the people to open even at zero balance.
Ramesh Bdr. Shrestha, Lalitpur
Prof Kapil Shrestha seemed very confused during an interview with a local TV-Channel recently about the political future of the coming November 22 election or the
reinstatement of the dead CA/Parliament or any other options. I do not think that the academicians of Nepal need be confused. With the development of the present Bhattarai government enjoying no more vested sovereignty, and supremacy of the people, the institution of the Presidency is the only one representing the people of Nepal now. As the people are Supreme according to the interim constitution, the President could entrust a
non-party interim government till we have a constitution ratified by the Nepalese through a national referendum on an expert-drafted Republican Draft-constitution that guarantees the aspirations of more than 103 ethnicities of Nepal resulting in the sustained peace, inter-ethnic harmony, prosperity, maximum liberty and full tranquility in the country in the immediate future and for all times in the future. That will be to the liking of the Nepali people who already have suffered much till date. That will be the day that will be awaited very anxiously and for the well-being of the people in general.
Amitabh Dwivedi, Kuleswor, Kathmandu
I have heard that the cabinet headed by the caretaker Prime Minister Dr Babu Ram
Bhattarai has decided to transfer as well as to promote certain officers in the Nepal Army. Sometime back the President who is the only remaining institution to represent the supremacy and the sovereignty of the people of Nepal, after the demise of the CA and the legislature, had directed the caretaker Prime Minister to carry out the day to day administration only till the country has a cabinet vested with full executive powers backed by the supremacy and the sovereignty of the people of Nepal. I do not know whether the promotions and transfers in the Nepal Army decided by the caretaker Bhattarai government would be under the day-to-day administration without the executive powers.
Experts on constitutional law should inform the people what the day-to-day
administration means in the Presidential decree, so that the common man does not remain confused anymore. Pragya Ananda, Kathmandu