2012

2012 was declared ‘Invest in Nepal Year’ and it followed Tourism Year in 2011 which increased visitor numbers by 20%. Tourism was the largest contributor of FDI inflow in Nepal occupying nearly one-third of all investments.

It was followed by the service and manufacturing industry. A Guest Column by Siddhant Raj Pandey in #585 put forward a global glance of investments in Nepal, and highlighted the importance of clear policies and its implementation in Nepal.

Tourist arrivals by air in Nepal increased by 10% from 2011, totaling 598,204. The only international airport was deemed to be congested, indicating potential of a new international airport for Nepal. In 2012, there were 28 international airlines connecting Kathmandu with the world, with other carriers seeking slots.

There were issues of poor quality and expensive ground handling, raising concerns from international airlines. International airline operators raised issues of traffic congestion, landing slots, the shabby condition of the terminal among others.

‘Nepal by air’ in issue #625 noted the government should have attracted new carriers and retained existing ones by consistent policies and rational pricing.

‘Eye in the Sky’ in #604 highlighted the important role of pilots in spotting natural disasters from the sky. The story elaborated on how Captain Alexander Maximov managed to spot the rock fall on Annapurna IV that set off a flashflood on the Seti River and warned Pokhara airport which flashed it to FM radio stations – allowing many people to flee to higher ground.

Still, 70 people were killed, among them seven foreign tourists. The flood was ascribed to permafrost melting on the west face of Annapurna IV, and plummeting the rock face to the glacier below. Our report warned that with global warming, such disasters would be more common in the coming decades.

After a year of Baburam Bhattarai’s prime ministership, there was ennui setting in, as we wrote in this Editorial:

‘We have been arguing here against replacing Baburam Bhattarai as prime minister mainly because he seems the least incompetent of the politicians on offer. Pushpa Kamal Dahal has a track record for being super-ambitious and highly unpredictable. The UML and NC may have democratic minded candidates, but they have been tried and tested, and found wanting.

In the public perception, Bhattarai still has the aura of being someone with intellect and integrity despite the thoroughly kleptocratic coalition he leads. None of the sleaze seems to rub off on the Teflon Man, though.

His overnight trips to stay and eat with Dalit families in Jumla and Chepang families in Chitwan are expensive populist stunts, but seem to go down well with the public. His demolition of half of Kathmandu has raised hackles, but also bolstered the perception that he is a doer, because he has sent bulldozers tearing through even the property of the rich and powerful.

Prime Minister Dr Baburam Bhattarai, PhD, is obviously a genius. But we wish he had used his considerable intellect to control this haemorrhage of the treasury, and invest the funds in cost-effective social welfare. Instead, he is presiding over the plunder of the state.‘