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गोरखा सहकारीमा ४ अर्ब १२ करोड अपचलन, गैरसदस्यका नाममा ७८ करोड हिनामिना

Gorkha Cooperative Faces Misappropriation Exceeding NPR 412 Crore; NPR 78 Crore Loans Recovered Under Non-Members’ Names

The management of Gorkha Savings and Credit Cooperative Society has been implicated in the misappropriation of over NPR 412 crore. The government has arrested four individuals linked to the cooperative fraud case, including Chairman Imansingh Rai and Chief Executive Officer Lal Bahadur Kshetri. According to the committee, the cooperative’s loan investments amount to NPR 1.52 billion and it serves 31,800 depositors.

According to the committee overseeing the troubled cooperative, directors such as Tejbahadur Tamang and DB Bamjan have been found responsible for the misuse of these funds. Following the people’s movement, the government under Balendra Sah arrested four persons related to Gorkha Cooperative on charges of fraud last Friday. Those detained include the 61-year-old Chairman Imansingh Rai, CEO Lal Bahadur Kshetri, Avin Kumar Rai, and former accounting member Karn Bahadur Rai.

The committee reported that Gorkha Cooperative’s total savings (including interest) stand at NPR 414.13 crore, while total loans (including interest and fines) amount to NPR 446.40 crore. The cooperative has faced issues because directors and their families have defaulted on loan repayments for years. Particularly, DB Bamjan and his brother Tejbahadur Bamjan, who are not cooperative members, have caused problems by not repaying the loans taken from the cooperative over many years.

More than 70 percent of the total loans, which appear to have been issued to dummy borrowers, have been utilized. There has been no regular repayment of any loans. The committee’s report highlights that, due to prolonged non-payment of both principal and interest, the cooperative is facing significant financial difficulties.

Iran Conflict: President Trump Claims Tehran Afraid to Participate in Peace Talks

United States President Donald Trump has stated that Iran is willing to engage in peaceful negotiations and desires to end the war that began last month between Israel and the US. However, Iran has categorically denied this claim. On Wednesday, Iranian Foreign Minister Abbas Araqchi stated that although the US has sent messages with various proposals, no talks have taken place. Araqchi described Washington’s mention of negotiations as an admission of defeat and warned that they should no longer demand unconditional surrender. He added that Tehran wants the war to end on its own terms, which include assurances that the US and Israel will not launch further attacks and full compensation for the damages suffered by Iranians.

Emphasizing that Iran is engaging in talks, Trump said, “They are afraid to admit it because they fear they could be killed by their own people.” He further remarked, “They fear they could also be killed by us.” On Wednesday, White House Press Secretary Karoline Leavitt reported that President Trump has been involved in “productive talks” with Iran over the past three days. She described US actions as “ahead of schedule” and said the Iranian government is searching for a “way back.” However, these statements sharply contrast with those of Iranian Foreign Minister Abbas Araqchi, who said, “There are currently no plans for negotiations” and that the country remains focused on its “security.”

Discrepancies are also evident regarding proposals to end the war. On Wednesday, reports indicated that Iran had received a 15-point plan from the US aiming at establishing a ceasefire. Citing a senior political-security official in Tehran, state-run Press TV outlined five conditions to end the war, including payment for war damages and compensation and a comprehensive ceasefire on all fronts. Despite these efforts, clashes between the two sides continue. Following Iranian missile strikes, smoke was seen rising from an Israeli energy facility, and air defense system alarms were heard in Tehran.

Asia Cup Triathlon and South Asia Championship Conclude in Pokhara; Winners Announcedf

News Summary

  • The 7th Asia Cup Triathlon and the 14th South Asia Triathlon Championship were successfully held in Pokhara.
  • In the Asia Cup Triathlon, Japan’s Hukuto Owara won the men’s gold medal, while Sarika Nakayama claimed the women’s gold.
  • In the South Asia Triathlon, India’s Yajat Kandanda and Dolly Devidas Patil secured first place in the men’s and women’s categories respectively.

March 20, Kathmandu – The Nepal Triathlon Association successfully organized and hosted the 7th Asia Cup Triathlon and the 14th South Asia Triathlon Championship on Saturday in Pokhara.

According to the association, the event significantly enhanced Nepal’s reputation in the international sports arena. The competition featured top athletes from various countries.

A total of 41 athletes from Nepal, Japan, Slovakia, Uzbekistan, South Korea, Singapore, Oman, Estonia, and India participated in the event.

In the Asia Cup Triathlon men’s category, Japan’s Hukuto Owara secured first place with a time of 54 minutes and 30 seconds. Fellow Japanese athlete Mitsuho Muchizuki took second place, while Uzbekistan’s Alexander Kurishov finished third.

In the women’s category, Japan’s Sarika Nakayama won the gold medal with a time of 1 hour and 16 seconds. Uzbekistan’s Alina Khakimova was the runner-up, and Japan’s Minori Ikona claimed third place.

The top five finishers were awarded cash prizes of USD 630, 525, 429, 315, and 210 respectively, along with medals and certificates.

In the South Asia Triathlon Championship, India’s Yajat Kandanda secured first place in the men’s category, followed by Khundrakpam Metei in second, and Nepal’s Maulik Maharjan in third place.

In the women’s category, India’s Dolly Devidas Patil finished first, Mansi Mohty took second place, and Nepal’s Yuska Maharjan came third.

The association expressed gratitude to all organizations, sponsors, volunteers, security personnel, media, and spectators for their support in making the event successful.

Special thanks were extended to the Gandaki Province government, National Sports Council, Pokhara Metropolitan City, and Nepal Tourism Board Gandaki Province for their cooperation.

Association President Nilendra Raj Shrestha affirmed the commitment to organize such international competitions in the future and to develop Nepal as a premier hub for sports tourism.

Gold Price Drops by NPR 12,500 in a Single Day

News Summary

Editorially Reviewed.

  • On Sunday, gold price dropped by NPR 12,500 per tola, reaching NPR 282,000.
  • Gold price has declined by NPR 27,400 over the course of one week.
  • Silver price also fell by NPR 355 per tola to NPR 4,540 on Sunday.

8 Chaitra, Kathmandu – On Sunday, the price of gold dropped by NPR 12,500 per tola in a single day. The Nepal Gold and Silver Traders Federation set the gold price at NPR 282,000 per tola on Sunday.

The previous day, gold was traded at NPR 294,500 per tola. Over the span of one week, the price of gold has fallen by NPR 27,400.

Last Sunday, gold traded at NPR 309,400 per tola. On Magh 15, the gold price had reached an all-time high of NPR 339,300 per tola.

Following the rise in oil prices, various countries have been required to increase the purchase of US dollars, which in turn increased demand for the dollar and caused a decline in gold prices, according to international media reports.

The increase in oil prices on the international market has also pressured global interest rates to rise, which has exerted downward pressure on the prices of gold and silver.

On Sunday, the price of silver also decreased by NPR 355 per tola. The previous day, silver traded at NPR 4,895 per tola, falling to NPR 4,540 on Sunday.

Within one week, the price of silver has dropped by NPR 730. Last Sunday, silver was traded at NPR 5,270 per tola. On Magh 15, silver reached a record high price of NPR 7,505 per tola.

The Legitimacy Crisis of Nepal’s Political Parties: A Theoretical Perspective from Jürgen Habermas

News Summary

Prepared by AI. Editorially reviewed.

  • Sociologist Jürgen Habermas passed away at the age of 96 on March 14; he reinterpreted Marxism from a fresh perspective.
  • Habermas identified the central problem in the legitimacy crisis as the erosion of trust between citizens and government in capitalist societies.
  • The article notes that major political parties in Nepal faced political defeat due to a legitimacy crisis when they failed to meet citizens’ expectations.

On March 14, sociologist Jürgen Habermas passed away at the age of 96. He was a leading figure in critical philosophy, contributing notably to sociology and Marxism. Critical philosophy is strongly linked with the Frankfurt School of Thought.

Though this article is not focused on the Frankfurt School itself, it would be inappropriate to omit Habermas’s contributions. The Frankfurt Institute for Social Research was established in 1923 by German Marxists. Its primary mission was to analyze the failures of the labor movements in Europe, the rise of Stalinism following the Russian Revolution, and the increasing spread of fascism, in order to uncover the weaknesses of Marxism.

The rise of fascism ultimately led to World War II, leaving Adolf Hitler’s name as a grim mark in world and German history. Born in 1929, Habermas was involved as a youth leader for Nazi Party youth groups for children aged 10 to 14 when other Frankfurt School members had fled the country to save their lives. He acknowledged this period as a dark chapter of his life.

After World War II, Habermas devoted the remainder of his life to reinterpreting Marxism from a new viewpoint. He authored over 50 books and hundreds of scholarly articles emphasizing the importance of preserving human liberation.

Professor Jonathan Turner wrote about Habermas, “His breadth of thought makes summarizing difficult.”

Habermas’s significant contributions span public sphere theory, social science reasoning, legitimacy issues in society, discourse and interaction analysis, media studies, and the colonialization of mentality.

Following his passing, these themes frequently emerged in my Master’s sociology classes. There are ongoing debates about how the notion of the public sphere within Marxist and democratic contexts can help sustain a democratic environment in Nepal.

However, a question still lingers for me and some peers: Why did the leaders and major political parties suffer such significant defeats in the recent elections? Why did the traditionally dominant parties lose so decisively? Habermas’s analysis in his book on the ‘Legitimacy Crisis’ offers insights into this.

The legitimacy crisis primarily refers to the loss of citizen trust and their perception of the inability of the social order to govern effectively in capitalist societies. Citizen trust is essential in any political system.

Habermas argues that this trust is twofold: the government guarantees citizens’ education, health, and legal rights, while citizens fulfill their obligations by abiding by laws, paying taxes, and participating publicly. This mutual contract sustains social order.

When the government fails in these responsibilities or disregards public expectations, the system faces a crisis. Failures in leadership, corruption, and constitutional violations undermine public trust.

In Nepal, for over 20 years, major parties have consistently failed to meet the public’s expectations, as documented frequently in the media. These events do not represent governmental deceit, but they have severely damaged public confidence in the system.

In this instability, protests, conflicts, and strikes have become prevalent, complicating citizens’ lives further. As resentment grows, even minor acts are employed by individuals to gain popularity, and calls for alternatives to the existing system intensify.

Habermas noted that democratic capitalist societies face higher risks of legitimacy crises compared to traditional societies. Whereas leadership in traditional societies was often based on supernatural authority, leadership legitimacy in capitalist democracies depends on reason, competence, and policy. Such legitimacy needs continuous validation through performance; otherwise, it is lost.

Economic inequality is another key driver of the legitimacy crisis. When a few accumulate excessive wealth while many struggle to meet basic needs, dissatisfaction with the system grows.

In Nepal, over 20% of the population lives below the poverty line. On September 8 (Bhadra 23), slogans such as ‘My father in the Gulf, your father in vehicles’ highlighted public disparities vividly.

Ideology forms another important element of the legitimacy crisis. When political leadership drifts away from its ideological foundations or exhibits inconsistencies in practice, citizens withdraw their acceptance.

Since 1950 (2007 BS), Nepali parties have emphasized equality, but for marginalized groups such as women, indigenous peoples, and Dalits, equality remains largely rhetorical and confined to paper rather than reality.

Technological development introduces further complexities, potentially exacerbating legitimacy crises by increasing unemployment risks, which leadership must address.

The media plays a vital role by exposing social problems and alerting leadership. Ignoring discontent, criticism, and protest leads to confusion and dissatisfaction in society, weakening the legitimacy of those in power.

Nepali media widely covers the public’s lack of trust in government operations. Parties claiming faith in democracy often address these voices only for political gain. Meanwhile, leaders frequently portray their weaknesses as jokes.

The legitimacy crisis initially reduces citizens’ trust in governance, lowering voter turnout. Its second phase brings increased law violations and disorderly conduct, such as traffic violations, fostering social instability.

This situation fuels protests, conflicts, and strikes, making daily life more difficult. People begin to seek alternatives to the existing system, even pursuing popularity through small actions. This essentially characterizes Nepal’s current political climate.

Nepali citizens have sought alternatives to the existing order by voting for the Rastriya Swatantra Party.

Within just seven months, previously influential political parties were simultaneously defeated by the citizens’ vote. All parties are searching for reasons behind their losses.

The short answer is that these parties abandoned efforts to solve citizens’ problems and separated themselves from the people. This is why the significant defeat occurred. It is not a single event but the culmination of thousands of failures.

Future governments and leaders of major parties must openly listen to and address citizen grievances, criticisms, and anger through dialogue. Ignoring discourse leads to loss of leadership legitimacy.

To prevent the legitimacy crisis, all forms of inequality must be reduced and transparency increased. Only then can democracy survive; otherwise, the system will be forced to seek alternatives. Habermas’s ideas offer valuable insight into understanding Nepal’s current political situation.

Nepal Election 2082: What Role Will the Shrinking Opposition Play in the New Parliament?

(From left) Nepali Congress Chair Gagan Thapa, CPN-UML Chairman KP Sharma Oli, and CPN Coordinator Pushpa Kamal Dahal 'Prachanda'

Image source, Reuters/BBC

Image caption, Leaders of the second and third largest parties will not be seen in this term’s parliament

Questions are emerging on how strong the opposition parties can be in the newly elected parliament where the ruling party holds almost a two-thirds majority.

The Rastriya Swatantra Party (RSP) alone has secured a dominant position in the 182-member House of Representatives, followed by the main opposition Nepali Congress with only 38 seats, CPN-UML with 25, Nepali Communist Party with 17, Labour Culture Party with 7, Rastriya Prajatantra Party (RPP) with 4, and one independent member.

In a democracy, the role of the opposition is as crucial as that of the ruling side. Analysts have noted that the composition of the new parliament raises many questions in this regard.

What Do Opposition Parties Say?

Arjunanarsingh KC, a proportional representation MP from Nepali Congress, believes their party has a defined role as the main opposition.

“We will fully support every government step aimed at rule of law, corruption-free society, and good governance. We will be a constructive partner. Respecting the people’s mandate is our political duty, culture, and democratic ideal,” KC said.

वर्षाका कारण दाउन्ने सडकखण्ड पूर्ण रुपमा अवरुद्ध – Online Khabar

Heavy Rainfall Completely Blocks Daunne Road Section in East Nawalparasi

March 20, East Nawalparasi – The Daunne road section in East Nawalparasi has been completely blocked due to heavy rainfall.

The road, under repair near 64 Modi at Daunne Bazaar, Ward No. 2 of Binayi Triveni Rural Municipality, became muddy and slippery from the rainfall, causing the highway to be obstructed.

Since Friday, traffic movement on the Daunne section has been affected. According to Deputy Superintendent of Police Yubaraj Khadka from East Nawalparasi District Police Office, the highway in both directions has been blocked from early morning due to continuous rainfall.

Nighttime Ban on Heavy Cargo Vehicles Imposed

A ban has been imposed on operating heavy cargo vehicles at night along the Narayanghat–Butwal road section.

According to a notice from the Narayanghat-Butwal Road Project Office, from Friday until March 22, heavy cargo vehicles will be prohibited from operating between 7 PM and 5 AM on the Dumkibas-Daunne-Bardaghat stretch.

The office has arranged for the heavy cargo vehicles to halt at Triveni Chowk and Dumkibas Bazaar areas heading towards Bardaghat.

Passenger vehicles and emergency service vehicles will be allowed to operate based on priority.

This decision was made because the ongoing road widening and repair work on the Daunne road section has resulted in slippery roads and blockage of heavy cargo vehicles during the rains, the road project office stated.

Following the blockage of the Daunne road section, vehicles coming from the west were diverted towards the Siddhartha Highway. However, today that highway was also blocked in Siddhababa area due to a landslide.

Iran Prepares to Allow Japanese Ships to Transit Through the Hormuz Strait

Iranian Foreign Minister Abbas Araghchi.



March 21, Kathmandu – Iranian Foreign Minister Abbas Araghchi stated that Iran is preparing to allow ships affiliated with Japan to pass through the Strait of Hormuz.

In an interview with Japanese news agency Kyodo News, Araghchi expressed Iran’s readiness to permit Japanese-related vessels to transit the Hormuz Strait.

According to Kyodo News, Araghchi also revealed that dialogue with the Japanese side has already started to temporarily lift certain sanctions.

Following Araghchi’s comments, a Japanese government official told Kyodo News that “The most effective way to lift sanctions is to engage in direct dialogue with the Iranian side.”

The official additionally emphasized the need for extreme caution to avoid provocation from the United States.

Kim Jong Un: How Will the Iran War Impact North Korea’s Future?

Following the attacks by the United States and Israel on Iran, Kim Jong Un is likely experiencing serious concerns. North Korea immediately condemned the conflict, labeling it an “unjustified aggression.” This reaction underscores the strengthening “anti-American alliance” between Iran and North Korea that has been developing since 1979. The two countries have also collaborated on missile development. A former North Korean diplomat, speaking anonymously, identified Iran as one of the primary destinations for North Korean arms exports. However, analysts consider North Korea more secure and powerful than Iran for two main reasons: its nuclear arsenal and its relationship with China.

During the 2003 Iraq War, then-leader Kim Jong Il disappeared for nearly 50 days. South Korean intelligence reports suggest that during this period, he mostly stayed inside a bunker at the Samjiyon complex, about 600 kilometers from Pyongyang. In contrast, Kim Jong Un has recently become less visible publicly — for instance, there was no significant official response even when Iran’s Supreme Leader Ali Khamenei allegedly faced a fatal attack. These differing reactions and behaviors reflect North Korea’s growing self-confidence in its own power, according to Yang Yong-seok, former director of South Korea’s National Intelligence Service’s North Korea analysis team.

North Korea is indeed a nuclear-armed state. In 2025, former US President Donald Trump formally acknowledged that the country possessed “nuclear power status” and “many nuclear weapons.” According to the 2025 report by Stockholm International Peace Research Institute, North Korea has approximately 50 nuclear warheads and the capability to produce an additional 40 using fissile material. In July 2024, South Korea warned that North Korea has reached the “final stage” of developing tactical nuclear weapons, which are short-range warheads intended for battlefield use. Last year, South Korean President Lee Jae-myung also stated that North Korea is nearing the stage of intercontinental ballistic missile development.