<article>NMB is offering a non-fixed interest rate starting at 8.92% on home loans. The interest rate will, however, fluctuate with the market.</article>

NMB is offering a non-fixed interest rate starting at 8.92% on home loans. The interest rate will, however, fluctuate with the market.

original

674x448

610x380

500x500

400x266

400x240

400x203

301x200

thumbnail

viewImage

Business

NMB Home Loans

Bhogendra Kathayat successfully defended his PhD thesis at Tribhuvan University, and the very next night he was at Tribhuvan International Airport.&nbsp; No, not to emigrate, but to captain a Nepal Airlines Airbus A330 on a 7-hour flight to Narita. Capt Kathayat, 41, is now the only PhD airline pilot in Nepal, and one of a handful actively flying internationally. Read also: <a href="https://archive.nepalitimes.com/page/women-standing-above-the-ground">Standing above the crowd</a>, Ayesha Shakya Born in the village of Sanischare in Morang to a farming family, it was a hard life. Money was always short, and the four siblings went to a village school with mud floors.&nbsp; Kathayat excelled in his studies, earning a scholarship after topping the entrance exam out of 1,000 students for admission into<a href="https://nepalitimes.com/banner/tri-chandras-run-down-state-is-a-microcosm-of-nepal"> Tri Chandra College in Kathmandu</a>. Always good in maths, he passed his MSc in Physics with flying colours – which may be why he took up flying next.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/2024082213088_f1f4ffbfff44f8701cf6808495375afecc6f978632e5c1090af614ed5ccf2b45.png" data-media-id="editor_2" data-image-id="2024082213088_f1f4ffbfff44f8701cf6808495375afecc6f978632e5c1090af614ed5ccf2b45" data-rendition-name="original" width="1298" height="1316" loading="lazy" alt="doctor-pilot Capt Kathayat NT1"> </figure>  This was 2006, <a href="https://archive.nepalitimes.com/news.php?id=10616#.YV7B7tVBypp">the conflict</a> had just ended, and Nepal Airlines announced a scheme for pilot training. His parents did not have the collateral to afford the Rs3.4 million loan to pay for flight school. But Kathayat managed to borrow from relatives, and was off to Kota Bahru in Malaysia.&nbsp; When he returned after a year to join Nepal Airlines, Kathayat was flying Twin Otters but did not even have a driving license because he could not afford a car or motorcycle. He was a Himalayan bush pilot for the next seven years, flying in challenging weather and terrain to remote airfields carved out of mountainsides.&nbsp; Read also: <a href="https://nepalitimes.com/banner/60-years-of-living-dangerously">60 years of living dangerously</a>, Kunda Dixit In 2015, <a href="https://nepalitimes.com/latest/jet-closure-benefits-nepal-airlines">Nepal Airlines</a> bought two Airbus A320s, and Capt Kathayat was off to Toulouse – leaping straight from Twin Otters to twin jets. But it was easier for him than for colleagues who had been flying 757s, because Boeing and Airbus have different philosophies of flying. After being on 320s for three years, Kathayat upgraded to the bigger Airbus A330s, but still does not have a car license and arrived for this interview in a Honda Unicorn. “Although I felt like aviation was in my blood, there was this nagging sense that my education was incomplete,” Capt Kathayat recalls. Meeting Nepal’s foremost atmospheric scientist Arnico Panday on a flight, he was convinced that Nepal needed more scientific research into<a href="https://nepalitimes.com/here-now/air-pollution-is-more-dangerous-than-smoking"> air pollution</a>. Since Panday is an aviation buff himself, they devised a way to use decades of visibility data from Nepal’s airports to come up with policy-level solutions to <a href="https://nepalitimes.com/business/making-monsoon-flying-safer-in-nepal">improve aviation safety</a> as well as public health.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240822120848_523fef9cb91959c2b39f2798fbbd066d9d55f4c9778ff692dd957cb58cdd827e.png" data-media-id="editor_8" data-image-id="20240822120848_523fef9cb91959c2b39f2798fbbd066d9d55f4c9778ff692dd957cb58cdd827e" data-rendition-name="original" width="1922" height="1062" loading="lazy" alt="doctor-pilot Capt Kathayat NT3"> <figcaption>Capt Kathayat(right) and Arnico Panday(left)</figcaption> </figure>  Capt Kathayat used long layovers in Dubai, Doha and Tokyo to pore over historical airport data from Bhairawa and Kathmandu to look into how domestic and crossborder pollution sources, humidity, or aerosols affected the optical property of suspended particulates. He also analysed seasonal and time of day variations. The results were predictable: the number of days with <a href="https://nepalitimes.com/editorial/good-cop-bad-cop">heavy smog in Kathmandu</a> increased steeply after 2000. The days when planes could land under visual flight rules (VFR) had gone down in Bhairawa, especially as winter fog had become thicker, more frequent and long-lasting.&nbsp; Kathayat’s PhD thesis also carries recommendations. Bhairawa may not always be useful as an alternate airport for big jets in winter because it is fogged up when Kathmandu visibility is also below minima. Bhairawa will need a Cat II Instrument Landing System (ILS).&nbsp; The long-term solutions are to control pollution at source, and in Kathmandu that means vehicular emission, open garbage fires, cross residue burning, and in Bhairawa reducing industrial and crop burning. But for both airports, visibility will remain marginal unless pollution is controlled in north India. Capt Kathayat’s PhD adviser,<a href="https://nepalitimes.com/banner/arnico-panday-the-political-scientist"> Arnico Panday who is also a member of the opposition RSP</a>, is a proud mentor. He says: “Capt Bhogendra is the hardest working student I have ever supervised, and his topic is very relevant for aviation safety and efficient flight operations.”  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240822120856_f455cfac962eada84c53b588575b80051845107ab83371509d9eab6648fe03e8.png" data-media-id="editor_11" data-image-id="20240822120856_f455cfac962eada84c53b588575b80051845107ab83371509d9eab6648fe03e8" data-rendition-name="original" width="1636" height="1302" loading="lazy" alt="doctor-pilot CaptKathayat NT 4"> <figcaption>Arnico Panday, Capt Kathayat, and his Phd supervisor Narayan Chapagain after his Phd thesis defence </figcaption> </figure>  At a time when most <a href="https://nepalitimes.com/news/brain-gain-into-brain-drain">young Nepalis are cynical about the country’s future</a>, this doctor-pilot is an example of how, given the opportunity, even Nepalis from the humblest beginnings can rise up. Says Capt Kathayat: “It is fashionable nowadays to be negative about the government, but I keep reminding myself that I would not be where I am today without government subsidies, government scholarships and the opportunity that a government-owned airline provided me.” Yes, and plus a lot of hard work and perseverance.&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/2024082306084_adf00d94a8d7229ab1ef05fe5862dfc3203e7f9a9a36b4df30ae328005c2368b.jpg" data-media-id="editor_13" data-image-id="2024082306084_adf00d94a8d7229ab1ef05fe5862dfc3203e7f9a9a36b4df30ae328005c2368b" data-rendition-name="original" width="996" height="2048" loading="lazy" alt="Nepal's flying doctor"> </figure>

Nepal’s flying doctor

More than 2.5 million Nepalis left the country just in the last three years to study and work abroad. In the past year alone, <a href="https://nepalitimes.com/news/push-factors-driving-nepalis-out">nearly 900,000 students and migrant workers flew out of Kathmandu airport</a>. These figures do not include those who crossed over to India.&nbsp;
There were, of course, returnees in that period, but it is estimated that up to 16% of Nepal’s population at any given time is outside the country. Most of them are 20-35 years old, which means an estimated q<a href="https://nepalitimes.com/news/nepals-demographic-window-is-closing">uarter of all Nepalis in that age group are abroad</a>.&nbsp;
It is mandatory for students going overseas to get a certificate from the Ministry of Education, and last year alone 112,593 were issued -- nearly double the pre-Covid figure (graph, below).
Before leaving, Nepali students officially exchanged Rs117 billion last year into hard currency to pay for their education costs. The actual figure through unregulated channels is probably higher.
<div class="embed-block"><iframe title="MORE NO OBJECTIONS" aria-label="Column Chart" id="datawrapper-chart-OBL1y" src="https://datawrapper.dwcdn.net/OBL1y/2/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="600" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data["datawrapper-height"][t]+"px";e[r].style.height=i}}}))}(); </script>All graphs: RAMESH KUMAR</div>
<div class="embed-block"><iframe title="$ in, $ out" aria-label="Column Chart" id="datawrapper-chart-gUPnY" src="https://datawrapper.dwcdn.net/gUPnY/4/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="600" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data["datawrapper-height"][t]+"px";e[r].style.height=i}}}))}(); </script></div>
Meanwhile, the 4 million <a href="https://nepalitimes.com/opinion/guest-editorial/the-migration-myth">Nepali migrant workers</a> in Malaysia, Qatar, Saudi Arabia, UAE, Kuwait, Korea, Europe and elsewhere sent back through banking channels Rs1.47 trillion in remittances ($11 billion) last year. Actual figures are higher.
“The great irony is that while poorer Nepalis toil in the Gulf and Malaysia to increase our foreign exchange reserves, middle and upper class families are exchanging a part of that money to pay for college fees, travel and medical care abroad,” points out migration researcher Ganesh Gurung.
The numbers going to Australia and Canada dropped last year because of visa restrictions. But that has been more than made up by a 30% uptick in <a href="https://nepalitimes.com/here-now/nepal-s-hard-working-students-overseas">Nepali students</a> going to the US (11,261) and UK (13,339) compared to last year.
But by far the largest number of students are going to <a href="https://nepalitimes.com/banner/why-nepalis-are-flocking-to-okinawa">Japan</a> (34,731) which is also an increase of 30% over the previous year (map, below). Numbers going to <a href="https://nepalitimes.com/news/yo-man-ta-mero-nepali-ho">South Korea</a> doubled in one year to 6,889.&nbsp;
Nepalis go to 66 countries for higher studies, with <a href="https://nepalitimes.com/here-now/looking-for-the-nepali-dream">Denmark</a>, Finland and France becoming more popular, although the numbers are still much lower than the top six.
Till recently, Nepalis were the third largest number of foreign students in Australia. They were number three also in Canada. Nepalis were among the top ten in the US.
<div class="embed-block"><iframe title="TOP 6" aria-label="Grouped Columns" id="datawrapper-chart-mbIyZ" src="https://datawrapper.dwcdn.net/mbIyZ/2/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="496" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data["datawrapper-height"][t]+"px";e[r].style.height=i}}}))}(); </script></div>
It is no secret that many young Nepalis leaving on student visas <a href="https://nepalitimes.com/banner/migration-certificate">intend to emigrate permanently</a>.&nbsp;
Countries in the Global North experiencing declining populations know this, but find it a convenient way to allow controlled entry for much-needed workers in the service or tech sectors.
“Many young Nepalis plan to settle in first-world countries eventually, or to return only after 10-20 years,” affirms migration expert Ganesh Gurung.&nbsp;
“Destination countries benefit too, they are getting a new generation of cheap labour without having spent anything on raising or educating them. What’s more, they also earn university fees. It’s a way for them to allow calibrated migration,” he adds.
Nearly half the students coming out of 10+2 schools opt to go <a href="https://archive.nepalitimes.com/regular-columns/Between-the-lines/More-Nepali-students-settle-overseas,528">abroad for higher education</a>, leading to a significant drop in college enrolment across Nepal.&nbsp;
Just like migrant workers are a safety valve that lets the government off the hook from providing jobs at home, students going abroad allows the state to dodge its responsibility to improve higher education quality here.&nbsp;
Indeed, some argue that better universities and colleges in Nepal would not lessen the exodus of young Nepalis, because many of them intend to emigrate for good.&nbsp;
“Yes, student visas have become a means to an end, <a href="https://nepalitimes.com/editorial/hardworking-students">the goal is to work and settle</a>,” says Narottam Aryal of King’s College in Kathmandu. “But more alarming than the figures of students leaving is that we are taking it so casually, calling it normal."&nbsp;
He adds: “Let us not worry about people who will leave anyway, but focus on the students who will stay if Nepal’s higher education is system is redesigned, repurposed and reformed to foster an entrepreneurial mindset so they benefit the country.”&nbsp;
<div class="embed-block"><iframe title="Where We Went" aria-label="Map" id="datawrapper-chart-edwh9" src="https://datawrapper.dwcdn.net/edwh9/1/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="550" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data["datawrapper-height"][t]+"px";e[r].style.height=i}}}))}(); </script></div>
The method of education in state-run colleges and universities are still stuck in the era of rote learning taught by under-motivated teachers using outdated curricula, regurgitating memorised answers at exam time. The university environment is politicised and there are frequent disruptions with delayed exam results.
One way to change this is twinning with international universities, but for this there has to be a less xenophobic and transparent government machinery that is open to new methods.
“Accreditations, partnerships and exchanges with institutions around the world will open up opportunities for students,” says Aryal. “The government should welcome foreign universities, they will force us to raise the standard of our education.”
Information technology and <a href="https://nepalitimes.com/here-now/grass-is-greener-overseas-for-nepals-doctors">medicine</a> are among the most lucrative options for Nepali students abroad. Institutions of higher learning in Nepal itself could specialise in inter-disciplinary liberal arts, social studies, agriculture and the environment, public health, hospitality, or heritage studies.&nbsp;
Youth are also leaving because there is no guarantee of jobs even when they get a higher degree here. <a href="https://nepalitimes.com/editorial/brain-drain-into-brain-gain">The informal sector</a> is still the biggest employer, and job options in private companies and civil service are limited.&nbsp;
Ganesh Gurung says the education sector must adapt to the changing labour market such that Nepal produces skilled human resources in the areas with high demand like <a href="https://nepalitimes.com/here-now/nursing-grievances-against-the-state">nursing</a>.
He adds, “The focus must be on our strengths. The economy can be revived by making the best use of Nepal’s natural beauty to generate jobs in the hospitality industry, and turn it into a <a href="https://nepalitimes.com/news/go-away">destination for international retirees</a>.”&nbsp;

Brain gain into brain drain

Bidya Prasad Pant was a junior ophthalmic assistant at <a href="https://getaeyehospital.org.np/">Geta Eye Hospital</a> in Dhangadi when a 70-year-old man, blinded by cataract, was brought in by a relative who carried him for a week in a bamboo basket from Bajhang.&nbsp; Back then in 1984, the charity-funded hospital only performed cataract operations when its Nordic surgeons were visiting. So the man had to be turned away. &nbsp; “It made me feel helpless, my inability to help the man touched me deeply. I made up my mind to be an eye surgeon myself,” Pant told us just before flying to Copenhagen to receive this year’s Boberg-Ans Award from the Danish Ophthalmological Society on 27 September for 'significant contribution to the dissemination and advancement of cataract surgery in the developing world'. In the past 40 years, Pant has done over 200,000 eye surgeries in Nepal, Burma, and around the world. He possibly holds the record for most eye surgeries: 312 in one day and 16,005 in one year. Read also: <a href="https://nepalitimes.com/here-now/myopia">MYOPIA</a>, Yugeshwor Koirala Pant shuns publicity, and agreed to this interview after repeated requests. His is an extraordinary journey of determination, perseverance -- and vision. The cheapest and fastest way to become a doctor those days was to go to Russia. Pant left his wife with three children at home and went to Russia in 1992 and graduated in 1999 from Rostov-on-Don, specialising in eye surgery. He was then invited by his surgeon colleague from Geta, Dag Riise, to Hamar in Norway to get further training in ocular operations. The conflict was raging in Nepal, and Riise offered Pant a job in Hamar, but he refused. Pant did not just return to Nepal, but came back to Dhangadi to rejoin Geta.&nbsp; Riise regarded Pant as his “Nepali son” and the family invited him for his funeral in 2013 after he drowned at age 81 during a skiing accident. Back in Nepal, Pant devoted his life to expanding Geta, which offered free surgeries to patients from Nepal and India.&nbsp; Bidya Pant was trained as his surgical assistant by Albert Kolstad who founded Geta Eye Hospital in 1982 as a WHO and Norwegian government project. Kolstad’s wife Sissel Halden remembers Pant as a “gifted young man”. She adds: “My husband noticed his potential immediately. Bidya was smart, a fast learner and he started doing cataract surgery under supervision. His work as a surgeon was outstanding.” Read also:<a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/dhanvantari-miracle-men-sanduk-ruit-cataract-surgery,751"> The miracle men</a>, Buddha Basnyat  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240905100948_59cd6d0dbb32d14d337909ac270880f223547bc7a112271a2a4e4c1cd1fc4cb2.jpg" data-media-id="editor_3" data-image-id="20240905100948_59cd6d0dbb32d14d337909ac270880f223547bc7a112271a2a4e4c1cd1fc4cb2" data-rendition-name="original" width="1600" height="1200" loading="lazy" alt="Bidya Prasad Pant eye surgeon NT 2"> <figcaption>Bidya Prasad Pant has performed over 200,000 ocular surgeries in the last 40 years, including in Burma, Ethiopia, Nepal and with Orbis Flying Eye Hospital.</figcaption> </figure>  When an Indian diplomat visiting Dhangadi noticed that 85% of the patients at Geta were from India, the embassy helped build an annexe to the hospital. More surgeons were trained, and at one point the hospital was performing 45,000 surgeries a year. <a href="https://helpmesee.org/meet-dr-bidya-pant-from-nepal/">Pant worked with HelpMeSee </a>to perform free surgeries in Nepal, and also on board<a href="https://www.orbis.org/en/news/2020/10-facts-flying-eye-hospital"> DC-10s of Orbis</a>, the flying eye hospital hopping to airports all over Africa, Asia and Latin America.&nbsp; Since 2014, Pant has been doing free eye surgeries for<a href="https://dak.org.au/"> Australia's DAK Foundation</a> in developing countries, and he and his team have performed 300,000 operations just in Burma. &nbsp; The need is still great because of the backlog of ageing patients, and greater ultraviolet solar radiation risk at higher altitudes due to the thinning of the stratospheric ozone layer. Cataract is the cause of more than half the blindness worldwide, and this will increase by 70% in the next 25 years.&nbsp; Read also: <a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/sanduk-%C2%ADruit-%C2%ADtil-ganga,2574">New vision for Nepal</a>, Stéphane Huët One of the neediest places is the Burmese hinterland near Mandalay where Pant leads a team of surgeons at Tipitaka Chalupala Eye Hospital and Monastery. “When I first went to Yangon in 2013 there were people waiting up to six months in queue for eye surgery,” recalls Pant. Burmese Nepalis were excited a doctor from Nepal was doing the operations. When his father died last year in Dhangadi, Pant’s Burmese patients collected more than $4,500 as donation, which he promptly handed over to the monastery.&nbsp; Pant was not just operating, but also helping Burmese surgeons to be trained at Kathmandu’s <a href="https://tilganga.org/">Tilganga </a>and other hospitals.&nbsp; For his work in Burma, Pant was recognised by the British Medical Journal with the Surgical Team of the Year award, and the International Association of Preventive Blindness (IAPB) Eye Health Hero Award in 2017. &nbsp; Read also: <a href="https://nepalitimes.com/banner/nepals-far-sighted-eye-care">Nepal's far-sighted eye care</a>, Sonia Awale

Nepali surgeon with a vision for the world

A flash debris flow just after noon on 16 August had damaged half the village of Thame in the Everest region, but no human casualties have been reported.&nbsp; Experts and residents have said <a href="https://nepalitimes.com/news/himalayan-icecap-melting-faster-than-thought">rapid melting of the Himalaya</a> due to climate breakdown was the cause of this and more frequent flash floods on Nepal glacier-fed rivers in the past years. Read also: <a href="https://nepalitimes.com/here-now/nepal-s-mountains-are-melting">Nepal’s mountains are melting</a>, Alton C Byers  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240817040812_b5c90a2ec0cdf7aede204f3912c646f2a30b8fbb668548f8f6ba832c47e6a608.png" data-media-id="editor_2" data-image-id="20240817040812_b5c90a2ec0cdf7aede204f3912c646f2a30b8fbb668548f8f6ba832c47e6a608" data-rendition-name="original" width="1050" height="535" loading="lazy" alt="Thame flash flood NT 2"> <figcaption>Friday afternoon after the flood hit Thame.</figcaption> </figure>  Early reports said five lodges, a school, a health clinic and 12 homes were damaged in Thame, which usually has a population of 300 Sherpa people who depend mostly on trekking and mountaineering for their livelihood. One person who was trapped in one of the buildings is said to be missing.&nbsp; Thame was hit by an even more devastating <a href="https://www.researchgate.net/figure/Dig-Tsho-4-400-m-as1-the-pear-shaped-glacial-lake-lies-embedded-in-the-uppermost_fig12_271811212" target="_blank">glacial lake outburst flood on 4 August 1985</a> when the Dig Tso lake burst after an avalanche from the east face of the 6,940m high Tengi Rau fell into the lake. Twelve people were killed then, a hydropower plant was destroyed and part of the Everest trekking trail was washed away. Thame also suffered extensive damage in the 2015 earthquake.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240817030856_ab024c339325d46527245315cdf1682da699499c8b2532388f4d8d93e76d0c72.png" data-media-id="editor_4" data-image-id="20240817030856_ab024c339325d46527245315cdf1682da699499c8b2532388f4d8d93e76d0c72" data-rendition-name="original" width="1182" height="774" loading="lazy" alt="4 August 1985 Dig Tso lake glacial lake outburst flood NT"> <figcaption>The glacial lake outburst flood in 1985. </figcaption> </figure>  Dig Tso has again filled up in the past decades due to glacial melt and could have burst again, experts say. There was heavy rain in the catchment area of the Bhote Kosi this week, and this could have also swept down melted glacial moraine from further up the mountain.&nbsp; “Unfortunately, those of us who have done the least to contribute to this man-made climate change are the ones facing the worst consequences,” said Dawa Steven Sherpa, mountaineer and tourism entrepreneur. “When will we learn that for many of us, <a href="https://nepalitimes.com/banner/the-climate-crisis-is-a-water-crisis-in-the-himalaya">the threats of climate change</a> are not in some distant future but are already happening?” Read also: <a href="https://nepalitimes.com/news/living-with-climate-anxiety">Living with climate anxiety</a>, Rastraraj Bhandari <div class="embed-block"><div><div style="left: 0; width: 100%; height: 0; position: relative; padding-bottom: 56.25%;"><iframe src="//cdn.iframe.ly/api/iframe?url=https%3A%2F%2Fwww.youtube.com%2Fembed%2FkYJ95MCRpWY%3Fsi%3DEuyCEbZPK8Eew368&key=87ca3314a9fa775b5c3a7726100694b0" style="top: 0; left: 0; width: 100%; height: 100%; position: absolute; border: 0;" allowfullscreen scrolling="no" allow="accelerometer *; clipboard-write *; encrypted-media *; gyroscope *; picture-in-picture *; web-share *;"></iframe></div></div></div> Thame is on the former trade route between Nepal’s Khumbu region and Tibet across the 5,806m high Nangpa La pass. After The Chinese annexation of Tibet, the trade route was closed and the Sherpa people turned from being traders to mountaineering guides. There are several other smaller glacial lakes upstream from Thame, and a team from the National Disaster Risk Reduction and Management Authority (NDRRMA) flew to the valley on Saturday morning to find the actual cause. “We weren’t aware that the lakes were at the risk of bursting but we suspect it might have been Dig Tso again, or one of them,” Ward chair Pasang Galzen Sherpa. Dig is a highland yak pasture below the lakes, and it is not known if any livestock of herders were affected.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240817040812_08b1a13e9e5cff070775f7b91aa46e1c57298a26e56f7ddf8e75586020fff596.png" data-media-id="editor_8" data-image-id="20240817040812_08b1a13e9e5cff070775f7b91aa46e1c57298a26e56f7ddf8e75586020fff596" data-rendition-name="original" width="1070" height="1610" loading="lazy" alt="Glacial outburst Thame flash flood NT 3"> </figure>  The sudden flood in Thame Khola at about 1:30PM on Friday gave locals just enough time to flee to safer higher ground. The trekking off-season meant this Sherpa village of 45 families at about 3,800m in Khumbu Valley was relatively empty. Thame is also the staging point for the Renzo La traverse from Thame to Gokyo Valley. Read also: <a href="https://nepalitimes.com/banner/tracing-past-glacial-floods-in-kangchenjunga">Tracing past glacial floods in Kangchenjunga</a>, Alton C Byers  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240817040816_72a0727d11706de3e845caf759a3356f47c5751f72535d4d2bd7ecc3baa31a42.png" data-media-id="editor_10" data-image-id="20240817040816_72a0727d11706de3e845caf759a3356f47c5751f72535d4d2bd7ecc3baa31a42" data-rendition-name="original" width="1300" height="926" loading="lazy" alt="Thame flash flood NT 4"> </figure>  The District Administration Office of Khotang issued an alert about a flash flood downstream on the Dudh Kosi into which the Bhote Kosi flows. The District Police Office, Halesi Tuwachung Municipality, Aiselukharka Rural Municipality and Rawabensi Rural Municipality have asked people to move to higher ground, but no casualties or major damage was reported overnight. Nepal Police in Thambuche and Namche and a team from the Nepal Army have been deployed in the flood-damaged areas. Helicopter flights were prevented from reaching the site on Friday due to bad weather.

NMB Home Loans

Nepal’s flying doctor

Brain gain into brain drain

Nepali surgeon with a vision for the world

Climate breakdown linked to Thame flood