sidster  would have learnt  time before 46 from the history books, but some of us here have experienced the time before 46. so kiddo sidster, first learn enough to know about the projects and development hisotry of nepal. I do not hesitate to teach even the other guy is complete idiot.  First lesson is well given by Nalapani, if you need second lesson on development after you are done here are some of those,

1. First Formal Planning started in Nepal during Panchayat- King Mahendra and Pashupati Shumshere-then CEDA professor were the Architect
2. Hydropowers in panchyat era- Panauti, Farping, Kulekhani, Bhotekoshi so on
3. Development Goal- " asiyali maap danda by 2000"-at least they have the vision/target unlike your inept political leaders who completely failed to draft 100 pages constitution.
4. All the highways were constructed and planned in panchayat era including BP Rajmargh. You claim that too happened because king is gone? King Gyanendra still had a vision to make nepal as transit point..poor guy had to go because idoit would not want him.

5. Cost of livng vs inflation -compare then and now ( this is basic ecnomic if you have ever learn few things about economy you should understand) -dispartiy between rich and poor is increasing
About monarchy, whether it comes back or not, that is different issue, why it has gone-educated people think it is 12pt understanding hatched by india and spam, not because of paras. Sorry to say only idiot  would only think the way you have analyze this issue.

( Telicommunication, Telivision, Radio Nepal, RONAST, RNAC, NPC, BANK..all were established before 46 tell me what new they have done?  Donot tell me INTERNT??lol)

DESTRUCTION AFTER 46-15000 people DIED!!!!
1. All the Sansthan are gone-bansbari chala jutta?, RNAC,? sajha yatayat,? krishi samagri sansthan? himal cement? bhrikuti paper mills? ORIENT MAGNESITE (RESEARCH SCIENCE ORGANISATION) so on..NEPAL OIL NIGAM used to sell MATTITEL in Rs 6.5/ltr even when Rajiv Gandhi imposed sanction. OIL NIGAM was still in profit-what do you want to say now???
2. Number of people living in Urban area can not be attributed to the development- rather it is indication of sheer underdevelopment of rural area. read some urban dynamics first sidster.
3. Criminal activities, law and order ???
4. Disintegration of cohesive society and social disorder??
5. Party politics and curruption?

I can go on and on mr sidster.  Only one thing is monarchy has gone, if that is the only achievement you have then you must be the kins of SPAMS.