News Brief
New Currency Notes In Nepal To Show Map With Indian Territories
Nepal PM Pushpa Kamal Dahal 'Prachanda' (Pic: Getty Images).
Nepal's decision to introduce a new Rs 100 currency note featuring Indian territory has sparked controversy, rekindling tensions that arose four years ago when Nepal included Uttarakhand's Kalapani, Lipulekh, and Limpiyadhura in its map.
The announcement came from Nepal government spokesperson and Minister of Communication Rekha Sharma after a cabinet meeting chaired by Prime Minister Pushpa Kamal Dahal 'Prachanda.'
The move was criticised by India's External Affairs Minister S Jaishankar, who stated that it wouldn't alter the ground reality or the ongoing boundary discussions between the two countries.
“Our position is very clear. With Nepal, we are having discussions about our boundary matters through an established platform. In the middle of that, they unilaterally took some measures on their side," Jaishankar said, Indian Express reported.
The rift between India and Nepal deepened in 2020 when India inaugurated a new road from Dharchula to Lipulekh on the Mansarovar Yatra route in Uttarakhand.
This angered the then prime minister K P Sharma Oli led government in Kathmandu, which came out with a new map of Nepal, adding to it an area of 370 sq km at the tri-junction of Nepal, India and China which India maintains is its territory.
A Constitution amendment Bill was passed by Nepal’s Parliament to legitimise the modification to the country’s map with the addition of India territories of Kalapani, Lipulekh and Limpiyadhura.
The 2020 move had support of Nepal's political parties. However, the recent decision by the Prachand government has faced internal skepticism and criticism.
Former diplomats and central bank officials in Nepal have labeled the move as "unwise" and "provocative."
Chiranjibi Nepal, a former Governor of Rastra Bank and economic advisor, criticised the decision's timing and potential consequences, emphasising the importance of international recognition.
“The decision of the government has come at the most inappropriate time and without thinking of its larger implications. Nepal being in dispute with India over certain parts of territory is one thing, but printing in the currency a map that is different from what the international bodies, including two neighbours, have recognised is unwise," Chiranjibi Nepal said.
A former diplomat described the decision as "too provocative", and "uncalled for".
The process of introducing the new currency note involves sending the cabinet's decision to Rastra Bank, which may take up to a year for printing after issuing tenders for quality printing.
