The culture of impunity in the country is so vicious that its tentacles have even crept into the judicial system. More often than not, judges are found to be going blatantly mocking the rule of law by favouring the high and mighty. The current controversy over the Judicial Council’s (JC) recent nomination of judges for the post of permanent justices at the Supreme Court (SC) just serves as a microcosm of this judicial absurdity. This incident has prompted both the legislative and the judiciary to engross them in a constitutional tug-of-war.
As the budget for the next fiscal 2014/15 is just around the corner, people are naturally inquisitive to know how exactly it will appear. This vital national document chalks out the financial modus operandi for a year. As such, development workers, economists, industrialists and the general public look forward to it with much curiosity.
Soon after the conduct of the constituent assembly (CA) elections in November last year, foreign investors are showing interest to make a venture into the country. A spectacular growth in the Foreign Direct Investment (FDI) commitments in the first nine months of the current fiscal year reflects this fact. According to the Department of Industry (DoI), such commitments during the above-mentioned period rose to Rs 18.10 billion from Rs 14.87 billion recorded in the corresponding period last fiscal, a substantial growth of 22 percent.
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