India, April 2 -- Within hours of assuming office, the Balen Shah-led regime in Nepal began to prioritise future tasks, especially those related to the economic challenges looming ahead. On March 29, it released a 'Good Governance Blueprint, 2082,' which proposed extensive policy, legal, and structural reforms to woo investments, and create an investment-friendly environment. "The blueprint, released with the target of preparing a basis for economic growth under private sector leadership, has indicated removing obstacles to the mobilisation of internal and foreign investment, and transforming the state's role from regulator to facilitator," stated a report on a news website.

Balen Shah chose Swarnim Wagle, a 51-year-old economist with ac...