Monday, November 11, 2013

नया बाटो

बेमत्लब एकानतमा भौतारीएको मन लिई
कुनै गल्लि सुन्यतामा पाईला यो चाल्दै छु
सपनिमा-बिपनिमा कहिँ पनि मेल नखाने
ढुङ्गा-माटो-भित्तोलाई आफ्नो साथि ठान्दै छु॥

नकाब भित्र छेलिएको वर्तमानको अन्धकार
छिया-छिया पारेर भित्र हेर्न खोज्दै छु
पट्टि कालो लाइएको तराजुको मुर्त मुनि
आफ्नो पट्टि खोलेर सबै कुरा हेर्दै छु॥

ऐना जस्ता छर्लङ्ग बिगतका सबैकुरा
ऐना जस्तै झर्याम-झुरुम भत्किएको देख्दै छु
पुराना दाग छेउ फेरि अर्को चिरा पारि
चित्कारमा रमाउने अनुबार ति चिन्दै छु॥


बहाना

Project गर्ने बाहानामा laptop कुर्न पाएँ
कुर्दा-कुर्दै एउटा novel पढ्न पुरै पाएँ।।

साथमा थिए संगि गफ-गाफ गर्दे
तिनिहरुको गफ पनि सुन्न पुरै पाएँ।।

चप्पल किन्छन्, जुत्ता किन्छन्, पालिस के-के अरे
कहा पाउछ-कस्तो पाउछ जान्न पुरै पाएँ।।

फोटो खिच्छन्, facebook हेर्छन्, के-के गर्छन्-गर्छन्
मलाई हेर्दै गिज्यएको थाहा पुरै पाएँ।।

Twitter, skipe, mig, सबै चलाउँछन् अरे
किन confuse हँदारैछन् proof पुरै पाएँ।।

गफै-गफमा भन्दै थिए नितेस किन यस्तो
मेरो नाम किन लिए पत्तो पुरै पाएँ।।

Project गर्छु भनेर libraryमा कुर्दा।
Laptop बिहेक अरुकुरा मैले पुरै पाएँ।।

प्रतिक्ष्या

आउँछौ तिमी भनी ढोका हेरी रहेँ
छट्पट्टीएको मनलाई मैले बेरी रहेँ।।

धेरै अबेर भई सक्यो, अत्तो-पत्तो छैन
छल्किएको मनलाई मैले सोरी रहेँ।।

भेट्छु मलाइ भन्ने बाचा तिम्रो थियो
त्यस्कै आशमा धेरैबेर तिमीलाई पर्खी रहेँ।।

Message छ कि कहिँ-कतै facebookमा तिम्रो
Net खोलि mobile मा मैले हेरी रहेँ।।

‘Network busy’ mobile मा कती try गर्ने
तिम्रा ती message हेरी सास भरी रहेँ।।

Traffic जाम मा फस्यौ कि कहीँ तिमी प्रिए
तिम्रै तस्बिर आखाबरि मैले कोरी रहेँ।।

Sunday, November 10, 2013

Is Remittance Really Good for Nepal?

I had been to Jhapa, my birthplace, to celebrate my annual festive-vacation for a month. Jhapa, it’s always awesome, lovely and growing. I just love to be there. My home at Jhapa is close to the border with India. The transit point is Kakarvitta, which is one of the largest port of Nepal. One fine morning I got chance to go to the entry point. I saw many Indians coming by bicycle to Nepal. I asked one of the locals, "who are they? where are they going?" He said, “All of our brother – sisters, sons – daughters, dad – mom, uncles – aunts are abroad. We need someone to work in fields and factories in our country, right? They are labors. They help to run our economy”. I was shocked. There were almost a hundred people. They come to Nepal everyday for employment. They reside in India, consume in India and come to Nepal for work. And these many people were coming only through one entry point. We have free border of 1690 km (Wikipedia). Guess the statistics for yourself.
I was already concerned about the impact of foreign employment in Nepal when I heard a program featuring the families of foreign employed in Nepal in BBC. Most of the families that were featured were devastated due to absence of family head. Children were following wrong path and most of the income was spent in luxury items. They don’t aid to economic development rather increase BOP deficit because all of those items are imported. Now, this situation of Jhapa forced me to analyzing the impact of foreign employment in my locality, which would in term reflect the status of the country as a whole.
While I was shopping for goods, there was a product whose marked price was INR 10 i.e. NPR 16 but the shopkeeper had priced it NPR 20. NPR 4 more than its maximum retail price - I was bargaining.

While I was demanding for fair price a lady came to the shop and purchased same product at NPR 20 without a word. The shopkeeper laughed at me and said, “If I mark it NPR 22, I will be able to sell it faster……… Her husband is abroad to earn as well………… So people like her receive money without any labor. It’s free………. People of Nepal don’t know the value of money. They want to show their friends that they can make larger expenses then those around them.” And he is true, the price is inflated far too above the marked price and people are paying for it because they receive money without any cost. They don’t respect money, they have no idea how difficult it is to earn a penny,  and don’t know how to use it. As for me, I never receive money for free so I couldn’t purchase the product.

Next day I went to India, got same product at INR 9 (whose marked price was INR 10). I got INR 1 discount at retail purchase. Not only me, its a trend in border areas of Nepal to purchase goods from India. However, it’s not because people bother about the price of the product or quality. They perceive that goods purchased in India is better in terms of price and quality. They are right to some extent, only to some extent. Moreover, to purchase goods from India is a culture now. The money that comes to Nepal through remittance is not spent in home country or any home product. In fact we don't have much as home prouct.
Concretization is another issue that has come along with the remittance flow. Concretization: converting cultivatable land to plots for residential housing. On top of that, because there are no youth in the villages, most of the land that were cultivated in the past are barren. We are driving ourselves to food crisis. We are also creating a generation that know how to purchase but not how to produce. Most of the under aged don’t go to school as well. Its because studying is a tough task and there are abundance of job for illiterate in gulf countries.

I asked a kid in my neighbor, why aren't you going to school. His answer was shocking, “Why should I study. It’s useless.” I then asked, “Who said? What will you do for living?” “After 18 I will go to Quarter for earning.” was his simple and sincere answer. "My father and my elder brother are abroad and they earn lot of money", he added. On my quest as to how the money was utilized, he said that they made a better house, they purchased a TV, DVD player, a laptop (which is used to play games in our villages) and a motorcycle.
There are almost 15 FM stations that operate in Jhapa. The content they play as advertisements are not helping as well. The media and communication sector claim themselves to be the fourth pillar for the development of our nation but instead they are driving the nation into dark. The advertisements are all about work in gulf countries, EDV and individual focused real state (for housing). The advertisements are so convincing that it would lure anyone to follow what they say. I couldn't see any positive and sustainable impact of those advertisements in the development of our country. Especially when we are facing the crisis of human resource and the money sent from abroad is used for meeting useless expenditure rather then investing. This trend will further create a poorer, dependent and backward Nepal.
People are not going to school, the cultivable fields are barren, there are no labors for our factories and industries, people love to shop abroad, there are no youths in villages – they are empty  and no one is interested to address the problem. Not even the media and communication sector who claim to be the agent for positive social change.

Most amazingly, in the duration of a month of my stay in Jhapa, none of the FM stations ever played any news about IPO of any company, no news about any development works, there were no interviews of any entrepreneurs or businessperson or teachers, there were no adds that would request people to send their children to school, no advertisements about job vacancies in home country.......... nothing at all that would reflect that our society is prospering or that would give a hint that our society would prosper in coming future.
"Is remittance really good for Nepal?"
Remittance are always good, there's no doubt about it. They are earnings of our citizen. Its a source by which our country is running. "What are we doing with the remittance?" is the question that all of us must be asking. Until we make any effort to learn a habit of investment in productive sector and saving, and until the responsible people and sources of our society act responsibly and if this trend of using remittance to purchase luxury items, concretization or purchase from abroad continues - the impact of remittance will not be good in our country. No matter how much money we earn, we will still be poor, our country will still be undeveloped.

Tuesday, November 5, 2013

Changing Future!!

The total banked population of Nepal is approximately 30%, which means that 70% of the population is stilled unbanked (the population that don’t use banks or don’t know how to use the banking facility). In spite of the workout of the central bank to inspire banks to provide banking services to larger population, the ratio of banked and unbanked population is same since five years. Its stagnant over the years. It’s not changing. This is a proof that the central bank’s effort is not sufficient to change the statistics and banks are not motivated enough to improve anything. They are indifferent about providing desired services to the public. Its seems they are just focused on short term profit.
Many of the analyst (from Nepal) claim that constant ratio of unbanked population is due to illiteracy and the poverty (of population that are unbanked). But the statistics from other countries with similar economic status suggest different. The proof that illiteracy and poverty cannot hinder the usage and development of the banking service is Kenya. The economic and literacy status of Kenya is similar – not equally good as – to ours. Still the number of banked population has surged over the years. And, to this date, almost all of the population use the banking system for almost all of their transaction of the fund. Kenya has seen the transformation in the banking usage and we too can revert the number (70% being the banked population).
ATM (Automated Teller Machine), that accepts deposit and provided withdrawal facility was developed to address the then problem - customers not being able to use the banking channel on holidays and off – office hours. The problem of working hour of banking being similar to those of other business and time needed to process the order of the customer was addressed through the machine. Since then, apart from ABBS and DBMS, major innovation targeting the customers (innovation that customers feel) has not been developed. The services the banking industry offer to the customers are same over the years. They have turned boring. There are lots of paper work to carry out a small transaction adding to the unwillingness of the customers to go to banks. On top of that, the increasing busy life style of people don’t allow them to spend their valuable time standing in queue to obtain the service anymore.
If we look around the world - statistics of banked population is stagnant almost in most part of the world. Even in USA, some research shows that the banked population is only 30%*. There may be various reasons behind this like
  • unwillingness of the banks to address the market demand
  • inability of the banks to offer right products or services to the public
  • inability of the banks to blend with the changing technology
  • inability of the central bank to provide proper guidance to the banks about their operation
However, the major reason behind stagnant (worse, decreasing) banked population may be banks not being able to shape the product to meet the life style of its customers and their products being costly (borrowing) or too cheap (deposits). In other words the major issues are, ‘wrong market promotion strategy’ or ‘inability of the banks to follow right channel of providing services at the time the customers want’.
So, what can be done to improve the banking habit of people of our country? The answer is pretty simple and obvious in this era of technology, E-Banking (system that allows customers to use banking facility via mobile network and internet).
Why?
Some of the research of Nepalese banking shows that one reason behind people not going to banks is the bank’s building and the infrastructure look too modern and sophisticated to match the living status of people. They fear to enter into banks. On the contrary, they do not fear to use the mobile (smart) phones. The Census of Nepal states that 64% percent of the population in Nepal carry mobile phone and the network access of the major companies that provide the telecom services (Nepal Telecom, Ncell and Smart Cell ) is good throughout Nepal (all 75 districts). The number of mobile using population will further increase. The transformation in the banking usage pattern in Kenya was possible due the usage of this channel (mobile banking), the easiest and most customer friendly way of banking. Not only Kenya, many of the developing and the developed economy are using the channel to diversify and widen their products and customer base. There is a good prospect of usage of this channel in Nepal too.
How?
E-banking system is simple and easy system to use. It is customer friendly. The customers, whether they use smart phones or normal phone, can use this system. For smart phones and normal phone that support applications there are applications developed to be used to access banking facility. For those phone that don’t support such applications, banking facility can be used through commands that can be sent through SMSs. Since, most of the people use compatible sets that accept such application the system can be used easily throughout Nepal. According to the census of Nepal, 2068 the literacy rate of Nepal is 76.92% so everyone that uses mobile phone can read and write. And for simplicity, the application can be made language convertible, i.e. usable in English and Nepali.
What Can be Done?
Banks can integrate their daily transaction system and e-banking channel, like they did when they introduced ATMs to support the withdrawal and deposits. Since e-banking supports the transfer of fund and payment of money through any place and time, it is more complex then just integrating ATMs. E-Banking is available 24 hours a day and throughout the year hence availability of systems and security of data is always an important issue. Any unauthorized access to data or any disturbances in systems can result in deterioration of relation with the public. Also, threats from computer viruses, frauds and terrorism are increasing. This requires considerable budget for IT development and management for fraud prevention and disaster recovery systems, which may include investment in encryption technologies, other security measures and maintaining two parallel sets of systems to ensure full time availability.
Some of the things that banks can do to prevent e-banking frauds are

  • information security controls
  • internal controls
  • dual control: one person can make a mistake, other can find the error - the possibility of two persons making the same mistake at the same time is negligible
  • control of suspicious activities: controlling the withdrawal up to some limit. If an account is dormant for years and the transaction is unexpected the account holder must be informed.
Development of e-banking acquires high-value customers and it enables the execution of time-sensitive financial transactions anywhere - anytime, provides the opportunity to strengthen relationships with existing customers and encouraging them to become loyal. E-banking helps the enhancement of the banks brand loyalty by granting customers flexible access to financial information and accounts. Also, in Nepal, ATMs don't guarantee consistency, reliability and availability. E-banking can help address this issues, offering significant potential to grow market awareness through word-of-mouth. 
How will it help?
One of the reason that people don’t go to bank is the branches and ATMs are located at some specific places and people need to separate time from their schedule to go to the banks. Like people ‘do’ shopping, they want to ‘do’ banking as well. They don’t want to go to the banks. They want a banking facility that they can use 24*7, whenever and wherever they want for any activities like shopping, transfer of fund, recharge of accounts, payment and transactions. The e-banking provides exactly what the customer wants. Hence in terms increase the customer base of the banks. Through e-banking banks can have access to remote places where the construction of the physical infrastructure like ATM or branches are not possible. In fact, at current times, there are banks that don’t have physical existence but are very popular among its customers.
*As per the article presented by Bret King, Father of modern banking, 2009.