Subject: Business Environment in Nepal
The political environment is defined as the set of political factors and government activities such as state, government, institutions and laws together with the public and private stakeholders who operate and influence that system. Constitution is a legal document, a blueprint (model or layout) for the governance of the state which lays downs the fundamental principles, policies, institutional power and sets limits on the exercise of such power by a particular body politics. The political environment is most powerful, challenging and most influential components among the external factors. The political system is the result or output of the agreement of the various political powers (parties and social factors).
Politics is the practice and theory of influencing individual level, which includes promoting one's own political beliefs, negotiating with other political subjects, passing laws, and using force. It derives from the Greek word politikos, which means "of, for, or relating to citizens."
The term "political environment" refers to a system of political variables, governmental operations, including institutions and laws, as well as the public and private stakeholders who operate and shape that system. It also includes political culture, which represents opinions on how governments ought to treat their constituents. Business managers watch politics to determine how the government's actions will affect their organization.
Economic System is determined by political system
Constitution
It is a legal document that serves as a blueprint (model or layout) for the government of the state. It lays out the guiding principles, institutional power, and establishes restrictions on how that power may be used by a given body of politics. Nepal is going through a period of transition right now, one marked by significant political changes. Nepal still does not have a lengthy constitutional past. However, a number of constitutional exercises were carried out throughout the nation before the 2006 people's movement. The primary objective of creating a thriving, contemporary Nepal was articulated in the historic people's movement of 2006. A comprehensive Peace Accord (an agreement between parties in controversy) was signed on November 21, 2006, to accomplish the certainty of a sovereignty of the Nepalese people, progressive political outlet, democratic restructuring of the state and socio-cultural transformation through the Constituent Assembly.
Salient features of Interim Constitution which are the directive principles of the state enumerated by the Interim Constitution 2007 are as follows:
Policies to be adopted by state by the Interim Constitution in 2007 are mentioned below:
Constituent Assembly
The Interim Constituent, which was enacted in January 2007, created a 330-seat Interim Parliament and gave the Prime Minister the King's administrative authority. An elected 601-seat Constituent Assembly later took its place.
After two postponements in 2007, the first-ever elections for the Constituent Assembly of Nepal were ultimately held on April 10, 2008. With 240 seats up for direct election from constituencies, 335 seats up for proportional representation based on the vote totals of the parties, and 26 seats reserved for deserving individuals to be nominated by the cabinet, a mixed electoral system was established. The multi-ethnic population constituent Assembly was given two years to develop a constitution that addresses Nepal's demands.
The constituent assembly is an interim body responsible for both acting as a legislature and writing or masking new constitution.
Among the external variables, the political environment is the most potent, difficult, and influential. The agreement of the various political powers is what gives rise to or produces the political system (parties and social factors).
Political parties are the foundation of the nation's political system in a multiparty setting. Political parties play a critical role in the creation of democratic policies. Following the People's Movement in 2006, a number of political parties appeared as a result of the country's political environment. The number of parties has now surpassed 100, and in Nepal, the practice of splitting and merging is becoming more commonplace every day.Among the 139 political parties, 76 are brand-new ones that didn't exist in the 2008 California election. It is impossible to undervalue their potential for helping the country. All of the major parties in democratic politics, as well as smaller ones, generally suffer to varied degrees from their failure to completely embrace the political culture necessary in it. In Nepal, internal factionalism, the loss of ideology, and a decline in public interest continue to be the key tendencies in political parties.
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