The Millennium Challenge Corporation (MCC) is an innovative and independent U.S. foreign aid agency that is helping developing countries to fight against poverty through economic development. Good things about MCC - Free Money used for development in Nepal - Helps power sector, which is extremely useful for Nepal - No need to pay back (Not loan) - Injection of large funds in Nepalese Economy - Will help stimulate Nepalese Economy, and hence reducing poverty Bad things about MCC - Nepal have to invest in the approved area only - Should be passed as a separate law, so there are chances that someone might be above other law Skepticism about MCC - Might reduce Chinese influence in Nepal, so pro china parties are generally against it - Might increase US influence, so pro usa parties are generally supporting it Comparing with BRI - BRI is Loan, vs MCC is Aid - Defaulting BRI might have some bad effect, as they might takeover some projects e.g. in SriLanka, Pakistan, and Africa. But no pr...