Proud Bhutanese


THE LADY; My Reflections and Tears...

I’ve always wondered the question of Love and Sacrifice with much perplexity. I read Shakespeare’s Romeo and Juliet, seen much adored film: a walk to remember, and heard tons of stories on a particular subject of Love and Sacrifice. But the day I saw “The Lady” – A movie based on inspirational True story of Aung San Suu Kyi, and her journey in liberating Burmese from oppression and tyranny. I cried out loud amongst tens of other audiences at the cinema at every scene and fine lines delivered.

How would you feel to come back to your own motherland with no rights? - Aung San Suu Kyi – receives a call in the middle of the night about her mother’s health condition worsening. She has no other choice but to pack her bag and leave the very next day. On her way to the airport she fears of never seeing her much loved husband and her two sons again. On the other hand, she undeniably fears of losing her mother forever. She checks-in at the Rangoon Airport, where the military security outnumbers the passengers. She firmly places her passport at the immigration officer’s desk and waits for few minutes until the officer questions her, “how long are you going to stay here?” she pauses for a while and then replies, “as long as I want.” As she returned to Burma, during a Democratic uprising and violent military killing, she sees how a country with 89% Buddhist, a religion based on Compassion and Non-violence being practiced with bloodshed and killing of innocents. A killing in which the bullets shot from the gun barrels of brothers’ stroked the hearts of the sisters’.

The Brave Lady in making – Aung San Suu Kyi, opens the gate to her house, and drifts into the memories of her childhood with her father; a nations father Aung San. She recollects those memories with misty eyes and heavy heart. Until a group of Academics from Yangon University, shows up at her door and makes a plea to be the leader of the future Burma, and to fight for democracy. The Academics, bows in respect and makes a fine statement, “you’ve grown up to look like your father.” Without a second thought of her life, love, family and dreams. Anug San Suu Kyi, chooses freedom of the Burmese people from military oppression as her dream and new unconditioned love.

Her Sacrifices - Since she chose freedom of Burmese people, she lost her own freedom. She was kept under house arrest for several long years. Those precious years in which she missed-out on how her two sons grew up. Those incalculable years in which she missed-out on saying how much she misses and loves them.
She was kept in a confinement, where she had to listen to her achievements and her role in winning the Noble Peace Prize, on a broken radio. She was given the worst form of detention to receive the news of her husband’s death on a radio with pair of batteries switch from her torch. She lost few hearts without even having right to attend their funeral processions. But Aung Sun Suu kyi won Hearts of Millions from all over the world for her selfless dedication and commitment in fighting for freedom and Justice. Today, I’m amongst those millions of people joining to salute the lady who once said, “Please, use your liberty to promote ours.”

My Nation then my Mother (Palden Drukpa)

My Nation then my Mother

I used to sit in front of a wonderful device called the “Telephone” most of the day in expectation of a ring. Despite my enthusiasm in picking it up to say, “Hello and talk a little longer” there would be an interruption with wrong numbers. People speaking in a native Sharchop language, looking for Pasang, Dema, Karma and Pema.

Until I reached the sixth grade to receive a call looking for me by one of my secret admirer asking, “What is my favorite color” so she can put it up on her the Face-book of those days, “the slam book or popularly known as the auto book.” Playing tennis balls in dust trying to break seven piled stones, collecting pictures of wrestlers, listening to walkman with thoughts diverted more on the life of batteries than the songs being ran. Planning to sneak out of house late night to watch, Bruce-lee and his Big Boss in the nearest theater were the few transformation periods I experienced to see…  

What does Bhutanese way of development mean? With the introduction of Television and Internet in the year 1999, Bhutan has achieved a rapid development and dramatic progress in the field of telecommunications.  

Bhutan has come a long way. A way through which the Nations Great Father Zhabdrung Ngawang Namgyal has walked with hope that his people will “one fine” day be connected through the means of Air and Breeze.

But to achieve such a wonderful dream to connect people through means of air was not at all an easy task. Nonetheless when Jigme Dorji Wangchuck, stepped in as the Third King of the tiny isolated Nation. A dream that the idealist once had became feasible because of his vision and commitment to his forefathers promises. Road’s were built after he walked the mule tracks, hospitals were instituted, Laws were written, Schools were unlocked and many more. With his sudden demise at a very young age, the nation’s development activities were prolonged.

Nevertheless, a young prince (His Majesty Jigme Singye Wangchuck) similar to that of King Arthur, who pulled out a Sword from the stone with message in-scripted on it, came to power in the year 1972 and exhilarated the entire development process with his channelized development activities. Out of many, “The introductions of Telecommunications” in the field of electronic mobile devices and decentralization of his supremacy to his subjects were of the most acclaimed, and considered to be audacity of hope in his people.

As a result! Today Bhutan has 3 hundred thousand mobile phone subscribers with B-mobile (alone) excluding the count on infant Tashi-cell. There are offices, Institutions, organizations and households connected through 25,000 fixed telephone lines. Not to be staggered, 168 clients are certified leased line Internet operators. And around 8000 broadband subscribers, the Baggage of Globalization with tools of exposure in a country of eight hundred thousand people is an Achievement. And it is testimonial that history is made by those heroes with thousand eyes, the eyes that never lied.

Development in Bhutan is a wonderful story with hope as a central activity. I realized it may be time to address an issue peripherally raised by the youths today about our telecommunications that has been entirely ignored or seen as disgust amidst all the luxury. My short memories in the beginning opens with and features horrifying scenes of having nothing, with the innocence and backwardness torturing youths then, including with no television connections to learn about the world. Not only is there no outrage, we all seem to take such scenes like mine for granted: the general view appears to be that this sort of thing probably should be a history to appreciate with what we have achieved so far.

The Greece Debit Crisis

Lets Learn from GREECE


Greece ranks 27th (2009) in the world according to their Nominal Gross Domestic Product and 34th largest at Purchasing Power Parity (PPP), Greece is indeed a Developed country securing 22nd Highest place in the field of Human Development and quality of life. Example – Education, Literacy rate, Life expectancy etc... (Will be discussed further in Background)

Greece is a member of European Union, Euro zone, OECD, the world trade organization. Looking at the economic Pie Chart of Greece constituted with GDP – the public Sector accounts for about 40%, the service sector contributes 78.5%, industry 17.6%, agriculture 4%, hence being recognized as the 31st most globalized country (interdependence through channelized web of connections and trade) with High-Income.


The Beginning

Although the growth performance of Greece from the early roman empire through the early 1800 was the best in Europe with at least some parallels with England’s colonial export policy (mercantilism) and performance, Greece has been cited as an example of a country that has experienced “High Economic growth with development” because of its less economic inequality and social division that have been in favor of the growth prospects. Yet, over the century the Greek economy has had a very “disappointingly” fluctuating rate of economic growth (GDP + GNP).  After a rapid development in the years following the end of the “civil war”, the growth of real GDP slowed to 1.5 percent annually in the year 1973-95. The Poor economic performance continued till the late 1980’s. Beginning in the mid-1970s the government of Greece motivated hefty and sustained budget deficits and monetary policy accommodated a sharp acceleration of inflation.  High rates of wage inflation led to a squeeze of profit margins and a weakening of investment incentives

Other studies support this view, providing comparative measures of standard of living. The per capita income (in purchasing power terms) of Greece was 65% that of France in 1850, 56% in 1890, 62% in 1938, 75% in 1980, 90% in 2007, 96.4% in 2008, 97.9% in 2009 and larger than countries such as South Korea, Italy, and Israel. The country's post-World War II development has largely been connected with the so-called “Greek economic miracle” – The term (modern) Greek economic miracle has been used to describe the impressive rate of economic and social development in Greece from the early 1950s to the mid-1970s.

Early 70’s – Late 80’s

Until the mid-1970s, Greek governments devoted themselves principally to expanding agricultural and industrial production, controlling prices and inflation, improving state finances, developing natural resources, and creating basic industries. In 1975, the Karamanlis government undertook a series of serious measures designed to curb inflation and redress the balance-of payments deficit. To do so, a new energy program included plans for stepped-up exploitation of oil reserves, along with uranium exploration in northern Greece.
On 7 March 1975, in an effort to strengthen confidence in the (drachma) national currency, the government announced that the value of the drachma would no longer be quoted in terms of a fixed link with the US dollar, but would be based on daily averages taken from the currencies of Greece's main trade partners. Did that threatened USA? Still remains a question…

The Socialist government took office in 1981 promised more equal distribution of income and wealth through "democratic planning" and measures to control inflation and increase productivity. It imposed controls on prices and credit and restructured public corporations. But the government was cautious in introducing what it called "social control in certain key sectors" of the economy, and it ordered detailed studies to be made first. Its development policies emphasized balanced regional growth and technological modernization, especially in agriculture.

Early 1990’s

The conservative government that came to power in 1990 adopted a 1991–93 "adjustment program" that called for reduction of price and wage increases and a reduction in the public-sector deficit from 13% to 3% of GDP. Twenty-eight industrial companies were to be privatized. It somehow was something similar adopted by Margaret Thatcher of England to drive Economy in early 1990’s, through which a huge number of Immigrants were involved in construction and real-estate business.

Late 1990’s

In late 1990’s, the chief goal of the Simitis government was admission to the European Monetary Union (EMU). As a result, his administration instituted a severity program intended to tackle chronically high inflation, unemployment, and a blown up public sector. By 1998–99, these policies showed significant progress with tremendous changes. Greece gained admission to the EMU in 2001, (which will be discussed more later) and adopted the euro as its new currency in 2002. The Greek economy was growing at rates above EU averages in 2002–03; however, unemployment and inflation rates were still higher than in most euro-area countries. In 2002, Greece's general government debt stood at approximately 99% of GDP. Greece benefits from EU aid, equal to about 3.3% of GDP.
Privatization of state-owned enterprises has moved at a relatively slow pace, especially in the telecommunications, banking, aerospace, and energy sectors. In 2003, preparations for the 2004 Olympics drove investment that boosted tourism.  

Average GDP growth rate
The Millennium
Economic growth is the increase of per capita gross domestic product (GDP) or other measures of aggregate income, typically reported as the annual rate of change in real GDP. Growth is generally necessary, through not sufficient, for achieving development. In 2009, Greece per capita income was $29882. Using purchasing power parity, its average income was only $ 1.93% about thirty times of that of the Bhutan but almost five times that of USA. 

GDP-per capita (PPP): $30,200 (2010 est.)

 $31,500 (2009 est.)

$32,200 (2008 est.)

Note: data are in 2010 US

Causes of the Productivity Slowdown

In early days, the accounts on the collapse of economic growth in Greece are quite straightforward as; there was a large “falloff in the rate of capital accumulation and its contribution to the growth in output” in short the Mercantilism method of Economic Management. 

As we shall show, a decline in investment should be of no surprise in view of the sharply deteriorating macroeconomic situation and the collapse of profits in the 1980s.  However, the causes of the severe falloff in MFP growth are more difficult to quantify.  We have come to conclude that it was the product of a large number of negative developments, including among others the worsening macroeconomic situation, a weak international competitive position, and a highly inefficient structure of the labor market.  It is also very clear from a simple examination of trends in foreign direct investment that Greece has not been viewed as a promising investment opportunity, like that of China – where the overseas market’s are welcomed with much enthusiasm through wavier on Tax and cut on Cost of Production to maximize their capacity in exercising long term trade and commerce.  

Overview of the 2010 Greek Debt Crisis

Greece gained admission to the European Monetary Union in 2001, and adopted the euro as its new currency in 2002. As a member of the EMU, Greece, previously a high inflation risk country under the drachma, was now provided access to competitive loan rates of the Eurobond market. With the dramatic increase in consumer spending, the Greek economy was given a significant boost as from 1997-2007 Greece averaged a 4% GDP growth, almost twice the European Union average.

However, the financial crisis and consequent meltdown of the world economy took their toll on Greece’s rate of growth, which slowed to 2.0% in 2008. The economy then went into recession in 2009 and contracted further by 2.0% as a result of the world financial crisis and its impact on access to credit, world trade, and domestic consumption. Despite high growth and low interest rates, Greece had major fiscal and structural weaknesses that were aggravated by the global financial crisis and ensuing recession. High fiscal deficit, decreasing competitiveness due to higher than Euro-zone average inflation, tax evasion and corruption all led to the 2010 Debt Crises in Greece. In early 2010 when markets began to question the sustainability of Greece’s public debt it resulted in even higher borrowing costs. Eventually these high borrowing costs led to Greece losing market access and forcing the Prime Minister to request emergency aid from Euro zone partners and the International Monetary Fund.

Thus in early May, the Greek parliament, Euro zone leaders, and the IMF approved a 3-year €110 billion adjustment program to be overseen jointly by the European Commission, the European Central Bank, and the IMF. Under the program, Greece must undergo major fiscal consolidation and to implement substantial structural reforms in order to place its debt on a more sustainable path and improve its competitiveness so that the economy can recover. The 3-year reform program includes measures to cut government spending, reduce the size of the public sector, tackle tax evasion, reform the health care and pension systems, and liberalize the labor and product markets. Greece has committed to reduce its deficit to fewer than 3% of GDP by 2014.

As already mentioned, in order to cope with the crisis the Greek government has started slashing away at spending and has implemented austerity measures aimed at reducing the deficit by more than €10 billion. It has hiked taxes on fuel, tobacco and alcohol, raised the retirement age by two years, imposed public sector pay cuts and applied tough new tax evasion regulations. However this has not suited well with the public as there has been resistance from various sectors of society. Additionally workers nationwide have staged strikes closing airports, government offices, courts and schools. Without a doubt, the tension between the government and the Greek public will not only intensify social unrest, but also undermine the effectiveness of the government’s anti-crisis measures.

The effects if Greece were to give up the euro, advantages and disadvantages if such a situation possible?

The Greek debt crisis can be said to be the biggest challenge for the euro zone since the inception of the euro. As the future of the crisis is undefined many fear that the euro zone may be unable to recover from this setback and may even disintegrate.
A few economists maintain that leaving the euro zone is inadvisable but a few others contend that such a move can be accomplished but with extreme difficulty, at considerable cost and should be only used as a last resort. It would first have to consider the three do’s: devaluation, debt and default.

A country which left the euro could allow its currency to fall in value, and thus improve its competitiveness. But it would be the cause of huge problems in the financial markets as investors would fear other nations would follow, potentially leading to the break-up of the monetary union itself.

On the other hand if Greece were to forfeit, it would be charting into unexplored territory as there is no mechanism that can be implemented for countries to leave the European currency.
However as we are aware of Greece is in the process of being bailed out regardless of the cost because the alternative will throw Europe and then the rest of the world into financial chaos. All currencies would suffer exponential inflation, industries would collapse, unemployment would increase and then there would be an even bigger mess to deal with.

The economic power of the euro zone, which consists of 16 European nations, is recognized worldwide. Besides time has proven that since the birth of the euro, European countries have mostly and significantly benefited from it. It is unlikely Greece or any other nation for that matter will ever give up the euro and revert to long-abandoned currencies such as marks, francs and drachma.

Conceptual frame work - Web-Reading

Goldman was criticized for its involvement in the 2010 European sovereign debt crisis. Goldman Sachs between the years 1998–2009 has been reported to systematically help the Greek government to mask its national true debt facts. In September 2009, though, Goldman Sachs among others, created a special Credit Default Swap (CDS) index for the cover of high risk national debt of Greece. The interest-rates of Greek national bonds have soared to a very high level, leading the Greek economy very close to bankruptcy in March 2010 and yet again in May 2010.

Despite all these controversies and economic crisis, Greece still upholds their very Soft Power of running the entire Economic show and readings based on Tourism accounting to more than 16 million tourists (20 times that of Bhutanese Citizens) each year, thus contributing 15% (equivalent to that of USA military Spending) to the nation's Gross Domestic Product. In 2008, the country welcomed over 16.5 million tourists.

$69.6 billion (2010 est.) Export goods food and beverages, manufactured goods, petroleum products, chemicals, textiles

Main export partners
Germany 11.11%, Italy 11.05%, Cyprus 7.28%, Bulgaria 6.74%, US 4.95%, UK 4.4%, Turkey 4.23% (2009) Imports $97.6 billion (2010 est.)
Import goods
machinery, transport equipment, fuels, chemicals
Main import partners
Germany 13.73%, Italy 12.71%, China 7.08%, France 6.1%, Netherlands 6.02%, South Korea 5.68%, Belgium 4.34%, Spain 4.08% (2009)
Gross external debt
$532.9 billion (30 June 2010)

37.8% of GDP (2009)
53.2% of GDP (2009)


In conclusion, Greece has implemented a very successful program for stabilizing the macroeconomic environment, despite the recent Debit Crisis leading to one of the most controversial economic downturn, but it is still in the process of developing an effective strategy for promoting economic growth through channelized Microeconomic management and allocation.  It has no well-defined areas of comparative advantage in the international sphere, and it has not yet implemented the institutional changes that would create competitive pressures for a faster pace of innovation and efficiency gains in the domestic economy.  For example, it has no sector like the export-oriented electronics in Ireland that could serve as a leading source of growth. 
 If the country is not going to pursue the traditional route of using the tradable goods sector as the driving force for growth, it needs to articulate an alternative approach based on a rapid upgrading of domestic services industries. However, Greece remains as one of the Developed Nations in the world as part of the OECD and EU. Thus the study that we carried out is to show the economic growth and progress in relation to economic development for the Developing countries to make shape their microeconomic management and the importance of transparency in the organization or any bureaucracy.  

Greece wouldn't find it easy to leave the euro
Greece - Will the Country Leave the Eurozone to Restore a Broken Economy?
Q&A: The Greek crisis

Q&A: Greece’s economic woes
Athenian Adversity
Greece’s financial crisis explained
UN – Survey from 1990 – 2010
Goldman Sachs
Debit Crisis
Economic Development – Text – ninth Edition; Stephen C. Smith 


                                     Sneezing Democracy


The Constitution of Kingdom of Bhutan Article 7, section 2. Fundamental rights, states that, “A Bhutanese citizen shall have the right to freedom of speech, opinion and expression.” Based on the valid state law of the kingdom of Bhutan, I would like to state about the Kingdom of Bhutan’s first Constitutional case (which the Opposition party with two members has won legitimately under the jurisdiction of the Supreme Court) on “Vehicle Tax.”

Bhutan’s infant Democracy saw its first constitutional case when Opposition Leader Tshering Tobgay  and his only associate Damchoe Dorji filed the case claiming that the ruling government did not comply with the provisions of the Constitution when it decided to impose a vehicle tax under “rationalization and the broadening of the existing tax structure.” According to the complaint the government, it claimed, had gone ahead with the tax measure without the approval of Parliament violating Section 9. “Raising of revenues through taxes shall be authorized by the Parliament.” and 14(b) proposing taxation measures to the Parliament, and raising other revenues and resources for the Government” of the Public Finance Act and Article 13(1) “A Bill passed by Parliament shall come into force upon Assent of the Druk Gyalpo.” and 14(1) “Taxes, fees and other forms of levies shall not be imposed or altered except by law.” Under the Constitution of the kingdom of Bhutan

The Opposition asked that the taxes collected by the Government without the authorization of Parliament be returned with interest to the affected parties, and hold the Government liable for violation of their rights under Article 7(10) “A Bhutanese citizen shall have the right to practice any lawful trade, profession or vocation.” of the Constitution; and hold it liable for contempt of Court for suspending the import of all light vehicles without obtaining the permission of the Supreme Court.

It also asked that the Supreme Court order the Government to revoke its circular suspending the import of all light vehicles and pay appropriate compensation (within four and a half months, over 1,400 vehicle buyers paid their taxes) to the affected parties with immediate effect.

Despite Prime Minister Lyonchhoen Jigmi Y Thinley’s meeting with lawyers from the office of the attorney general, and that the attorney general is representing the government, according to the provisions of the constitution. Article 29 of the Constitution “that the attorney general, as the chief legal officer, shall be the legal advisor to and legal representative of the government” Failed to convince the Supreme Court despite their re-appeal with disappointing verdict of the High Court that was “thought to be passed on Oppositions favor.”

On the 25th of February, The verdict, which the four justices of the Supreme Court, including the chief justice handed down to a courtroom filled with representatives of the government, opposition and the local media said that the issue raised by opposition does not relate to the authority of the government to impose tax but pertains to the non-compliance of procedure in raising and implementing the altered vehicle tax, the main subject of litigation.

“As deemed by the High Court ruling, the government will have to refund all taxes collected after it revised sales and import duty on vehicles in July last year and became the basis for the first constitutional case. The verdict also stated that the Constitution does not differentiate between “direct and indirect tax.” “Tax is tax” therefore the argument that there exists a separate law related to direct and indirect tax is an assumption and not tenable, thus squashing one of the main arguments of the government.” In short –

on the 14th of March, The temporary ban on the import of private light vehicles was lifted. The ban was imposed pending the Supreme
Court’s verdict on the first Constitutional case concerning the government’s tax revision on the import of vehicles. In a landmark verdict, the Supreme Court upheld the High Court’s verdict describing the tax revision as unconstitutional and saying that the government has not followed proper procedure.

An economic perception

I herby state that; as people throughout the tiny Himalayan kingdom of Bhutan, that is not known to most of the people around the world awake each morning to face a new day, they do so under very different circumstances. Some 10%: 37.6% (2003) live in comfortable homes with many rooms. They have more than to eat, are well clothed and healthy, and have a reasonable degree of financial security. Others 10%: 2.3% and these constitute majority of Bhutanese people more than 60% of the population, making their livelihood from Agriculture consisting largely of subsistence farming and animal husbandry. Which includes rice, corn, root crops, citrus, food grains; dairy products, eggs and they are much less fortunate ones.

If for example, looking at an average family in Thimphu, Paro, Punakha and Phuntsholing, we would probably find a “Nuclear’ family of four with an annual income of approximately 120,000 or more. They live in a comfortable suburban house with a small garden and two or more cars (the rich). The dwelling would have many comfortable features, including a separate bedroom for each of the two children. It would be filled with consumer goods and electric appliances, many of which were manufactured outside Bhutan in countries as far as India, Japan, USA and China. Examples might include DVD players from Thailand, garments from Germany and mountain bikes made in China and vehicles from India.

This family, which is typical of families in central regions, appears to have a reasonable good life. The parents have the opportunity and the necessary education or training to secure regular employment; to shelter, clothe, feed and educate their children. Example; The son is home from his University in north America, and other two children are on vacation from boarding school in India and Thailand.

Where as in Poor family 23.2% live under poverty line (2008) there is no dinner table set; in fact there is no dinner. So in this context the government thought that, raising the Vehicle Tax certainly might help reduce the traffic congestion and environment impacts, Caused by few families still wanting to own an extra car for their children or themselves. Whereas; these group (Poor) of people will never even be firm of owning a car when they are not even able to educate and feed their children. Consequently the Government took a right decision by imposing higher Tax on Vehicles, and positively for the richer ones, who certainly has income.

“Within four and half months, more than 1,400 cars were bought, the prime minister said. “With the rising capacity of the people to import more expensive cars, I don’t know how many cars we’d want until such time that we’re able to amend the law,” Lyonchhoen said. “And, by the time we amend the law, if we can, what I do know is that many of these cars will be bought by people living in Thimphu, which is already becoming congested.” Some problems that would come along are the impact of carbon emission on the air, parking spaces and the rise in accidents and the cost for maintaining good traffic system.

Lyoenchen further stated that, “Of course we’ll get a little further away from our goal of GNH, which has so much to do with equity and with controlling our greed and desire for more and better material objects,” the prime minister said. “As more and more people will ride cars, there will be more who’ll be feeling disadvantaged.”

To add on Lyonchheon’s statement on GNH – I feel that raising a Vehicle Tax has nothing to do with Equality rather slim fraction of our income contributed as Tax, will be beneficial to the society guided, categorized and given back to the people in different outlines of welfare. Be it better road, more number of beds in hospital, sufficient text books for our children’s, or to strengthen our Democracy through economic growth etc.

Now one might argue that, I have not even thought of the Middle class families. In our society as a result of the widening gap between rich and poor are the middle class families. Something that the economist and in particular our Majesty the King is always worried about the increasing Middle class families with optimum desire for Needs and Wants, not to talk about the luxury goods. That has bad implications on environment, culture and crime

This group of people (middle-class) undoubtedly is increasingly increasing in terms of purchasing Vehicles. It’s like “my neighbor brought a new car; I will sell mine and get a new and better one.” I don’t think this is a very wise alternative of looking at things from an egoistic perspective and comparing our ego with the one who is better off. Are we going to eat more than certain amount that our stomach can digest or intake, thinking that a friend can eat more than us?

“How do you raise revenue when the very means is squashed by the judiciary and then again by the Supreme Court?” Prime Minister Jigme Y thinley questions the people. What would your answer be?

From my opinion, I think Hence looking at the Population structure based on rich, poor and middle-class with rugged mountains overlooking the terrain makes the building of roads and other infrastructure difficult and bloody expensive. The economy, one of the world’s smallest $3.526 billion (2010 est.)Based on Purchasing power parity and least developed (LDC), based on agriculture with more than 60% of the population closely aligned with India through strong trade and monetary links and dependence on India's financial assistance. The industrial sector is technologically to the rear, with most production of the cottage industry type. Most development projects, such as road construction, Trade and commerce rely on Indian migrant labor. Model education, social, and environment programs with good governance are underway with support from joint development organizations.

So for the first time our peoples elected Government that has won a Majority with landslide win, as of 2008 general elections is thinking of wiser Economic program taking into account the government's desire to protect the country's environment and cultural traditions and environment. So don’t you think raising Tax is part of Governments Economic program? 

Hydropower with commission of Tala Hydro Power Plant has boosted Bhutan's overall growth with its export to India. New hydropower projects including the current (Puna-tsang-chuu) Plant in progress will be the driving force behind Bhutan's ability to create employment (Unemployment rate 4% (2009)) and sustain economic growth at (6.8% (2010 est.)) and above.

Although one could claim that the Government or Prime Minister Jigme Y Thinley’s administration being unconstitutional proven to be violating the terms of the Constitution and certain acts under the jurisdiction of Law. Yet the economics and Economy of contemporary poor, underdeveloped nation like Bhutan with Imports $533 million (2008) In terms of fuel and lubricants, passenger cars, machinery and parts, fabrics, rice and many more, exceeding Exports $513 million (2008) standing at the rank of 187 in comparison to 200 countries in terms of trade deficit, is something we need to think. Are we always going to wash our Car’s with Channelized water supply sponsored by World Bank, and drive on Roads built by Indian Government, and look in the rear mirror to see whose car is better, so that you can plan to buy a new one?

But the question still arises, WHOM TO BLAME? The Government for violating the rule of law in taking wiser step, or Opposition for going in favor of the richer ones to maintain Democratic principles, or the Supreme Court for being a mango on apple tree? This is a first step of Democracy sneezing, it will cough soon, if we are not going to part of it.

To be continued….