[CA} Modi Visit to Nepal

Current Affairs

India – Nepal issues

Synopsis:

(01) NaMo to Nepal

(02) Agreements signed b/w India and Nepal

(03) Power Trade Agreement

(04) Power Trade Vs Power Development

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(01) Narendra Modi visit to Nepal:

·        In Aug 2014

(02) Agreements signed b/w India and Nepal:

India – Nepal
Infra Structure	* HIT – Highways, Information ways, Transways * Modi promised them $1 billion loan for infrastructure and energy projects
Border	* Will form Boundary working group – to construct boundary pillars * Joint Commission on border issues
Energy	* Raxaul – Amlekhgunj petroleum pipeline * Hydel power projects – Upper Karnali, ArunIII, Upper Marsyangdi and Tamakoshi III
Transport	* Cross border railways – at 5 border points, 4 integrated check posts * Bridges – over Mahakali Rier at Mahendra Nagar * India to allow 3 addition air entries – Janakpur, Bhairahawam and Nepalgunj
3 MoU	* Pancheshwar Developmental Authority * Tourism in Nepal * Doordarshan and Nepal TV
Trade	* India will remove quantitative restrictions on Nepalese products
Miscellaneous	* Grant to provide iodized salt to Nepalis * Donated 2500 kgs of sandalwood to Lord Pashupathinath Temple

(03) Power Trade Agreement:

·        Happened in September 2014, after Modi came back.

·        Now any Nepali public or private entity can sell electricity to India.

·        India wanted to setup a joint venture Company with Nepal - for trading electricity. But Nepali Government did not agree.

·        India even offered to help developing Nepal’s hydro-electricity power but their political factions disagreed.

·        Modi has earlier said- Nepal has immense hydropower and just be selling electricity to India, they can become a developed country

Includes	Excludes
electricity power trade, cross-border transmission, inter-connection and grid-connectivity	Indian investment in Nepali power sector.

(03) Power Trade Vs Power Development:

Power Trade Agreement	Power Development Pact
Between respective Governments of Nepal and India	Between GMR India with Nepali Government to develop Karnali hydropower.
Signed with consensus of Maoists and other political factions of Nepal.	Nepali maoists don’t like this, not one bit so they’ve began protests.

  

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