ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Credit Polices- Skirting the issues

to broadly the same alliance of classes which have been in Power in Nepal. The referendum, even while it speaks of possible alternative political system based on universal adult franchise and secret ballot, does not specifically ask voters to pronounce any opinion on the role and functions of the monarchy itself which, as Koirala has repeatedly acknowledged, might be expected to continue to play a crucial role in any future political set-up. Also, with at least four former prime ministers (five if one includes Kirtinidhi Bista who has just resigned) continuing to be politically active, and with the Nepali Congress riven into factions on the question of the role of the monarch in any future democratic set-up, the restoration of a multi-party system in Nepal might only be the beginning of fresh struggles.

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