Does Nepal need Indian Investment ?

Foreign investment plays a critical role in the development of a country. In the current age of ‘global village,’ foreign investment is a key to the economy. But, does the foreign investment always bring "good fortune" to a country? Let’s analyze two incidents in Nepal, related to Indian investments.

No Nepali movies in "Big Cinema"

A theater constructed and managed through Indian investment, Big Cinema – considered to be one of the most sophisticated theaters in Nepal, has decided to boycott Nepali movies. The theater located in Kathmandu, Nepal, now onwards will only feature Hindi or English movies. 

According to a film news site, merocinema (screenshot attached), the theaters halted the release of a Nepali movie after receiving a directive from its New Delhi office. The theater management in India told the local management to stop screening Nepali movies in the future too. In a separate news report the theater management was quoted saying – Nepali movies don’t have quality for the theater.

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Indian beauty, Nicole Faria, won the Miss Earth 2010 title

missindia-miss-earthThe tenth Miss Earth title goes to Nicole Faria, an Indian beauty, in an event held on Dec. 4, 2010 in Vietnam. In the contest, Miss Air was Jennifer Pazmiño (Ecuador), Miss Water was Thai beauty Watsaporn Wattanakoon and Miss Fire was Yeidy Bosques from Puerto Rico.

Our, Miss Nepal runner-up, Sahana Bajracharya has to return home empty handed.

The final of the Miss Earth 2010 was held at Vinpearl Land, Nha Trang, Vietnam with 84 contestants from all over the world. The outgoing titleholder Miss Earth 2009, Larissa Ramos of Brazil handed over the crown to Ni
cole Faria.

Apart from the title, Nicole also own the Miss Earth Talent 2010, held on Nov. 19, after beating 17 other finalists. To win the title, the Miss India performed a belly dance – a fusion of oriental and Middle Eastern style.

This event has a historical significance to India as it is the first time India has won Miss Earth title.