<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110815110/636a61029c7e80680e056eacjpeg.jpg" alt="" width="1500" height="921"/><figcaption>Photo: JAYADEV KRISHNA SHRESTHA</figcaption></figure>Rajkumar Shrestha flicked his baton, musicians raised their instruments, and the audience at the Academy Hall in Kathmandu stood up for Nepal’s national anthem gloriously rendered with violins, violas, cello, sitar and flute by a 60-member orchestra.The lyrics of 'Sayaun Thunga Phool Ka Hami, Eutai Mala Nepali' ('We are different flowers of the same garland') evoke Nepal’s ethnic diversity, but last Wednesday they also defined the diversity of the musicians from Norway and Nepal, of various ages and ethnicities.And because this was a project of the Nepali-Norwegian Orchestra, the soothing tones of the Norwegian national anthem came next. In the centre of the orchestra, surrounded by violinists, was Eivind Rossbach Heier from the string quartet KvartalKvartetten on the cello, alongside his father who played the viola.Raised in a musical family with his mother, a cellist, and his sister a violinist, Heier first came to Nepal in 2015 as an instructor with 3 other tutors and 15 young people through a youth orchestra in Norway. Their goal was to teach Nepali musicians classical music in order to establish orchestras in the country.The Annapurna Chamber Orchestra met the Norwegian musicians from KvartalKvartetten through the World Federation of Amateur Orchestras. The project trains Nepali students for a week and organises performances in different venues of Kathmandu.Ten Nepali musicians also go to Norway for the week-long annual Orchestra Summer Course to interact and exchange music with their Norwegian counterparts. During the course, Nepali and Norwegian musicians play music from both countries even though they sound completely different.Says Heier: “Despite their differences, the appreciation of music is universal. Nepali music has more melodies but not many harmonies, which is the biggest difference from Western music. But it is the language of music that brings us together.”The exchange has also helped the musicians learn about Nepal through music and share a commonality. “It was interesting that after we heard the translated titles of the Nepali songs, we were reminded of patriotic songs from Norway as well,” said music instructor Ole Rasmus Bjerke.In the last five years of the project, the instructors as well as the young musicians know that their music has improved. “I used to play in the junior orchestra, and now I play with the seniors. I can feel the difference and my confidence building up,” says 18-year-old Bikalp Singh Dura.The number of Nepali musicians has also doubled since 2015, from 30 to 60, and is projected to expand in coming years. They range in age from 10 to 60.“The future of the Nepali orchestra is bright. It is growing through these programs,” says Rajkumar Shrestha, conductor and chairman of The Annapurna Chamber Orchestra. “The only challenge is that most students leave the country after Grade 12 for higher studies and we lose good musicians.”

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Nepal-Norway orchestra finds harmonies

If it is October, it must be Dasain in Kathmandu. And it must be time for Surya Nepal Jazzmandu. This year, the 17th edition of the Kathmandu Jazz Festival returns with artists from all over the globe performing in the city.International bands like Tropic Green, RSxT, Adrian Crookston &amp; Palouse Forro, Paul Tynan &amp; Jake Hanlon and Faby Medina, as well as The Blue Fret, Cadenza Collective and Jooni from Nepal will be performing from 17-23 October in different venues in Kathmandu Valley.Jazz has come a long way from the African American communities on the cobbled streets of New Orleans in the late 19th century to different corners of the globe. It has evolved into latin jazz, gypsy jazz, Afro-Cuban jazz, and even Nepali jazz. But even though the blues and swing-inspired art form has branched out, improvisation -- the essence of jazz -- is still its heart and soul. Read also: <a href="https://www.nepalitimes.com/here-now/kathmandu-and-all-that-jazz/" target="_blank" rel="noopener">Kathmandu, and all that jazz …</a>, Sewa Bhattarai“In Nepal, jazz has influenced and inspired lot of Nepalis into listening, learning and playing jazz. Surya Nepal Jazzmandu has promoted jazz in Nepal and has brought renowned world class musicians to audiences in Kathmandu” says Samir Chettri, an organiser of the festival and band member of Cadenza Collective.The Collective with its eclectic Afro-Funk tunes, Nepali lyrics and jazz undertones have defined the diverse identity of Nepali jazz since its inception almost two decades ago. With the bass, keyboard, bansuri and sarangi. The Blue Fret band has also created its own jazz sound, combining the swing and blues roots of jazz with the traditional spin of Nepali instruments.Read also: <a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/jazzing-up-in-kathmandu,3316" target="_blank" rel="noopener">Jazz it up in 'Mandu</a>, Sahina ShresthaJooni, a quintet composed of artists from Nepal and around the world, embodies the sound of modern jazz and traditional Nepali music, giving life to a diversity of sounds and rhythms. The variety of international and national artists this year will add music to the streets and halls of Kathmandu between the holidays, sprinkling their melodious magic.Says Chettri: “Having musicians from different parts of the world brings cultural interaction and diversity. The fusion of Nepali classical music with jazz has also been one of the biggest highlights of the festival. The festival itself is a very inspiring and unique experience for visiting artists, Nepali musicians as well as the audience.” Read also: <a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/sounds-of-west-africa-julia-sarr-quartet,3977" target="_blank" rel="noopener">West African Soul</a> <h2>Paul Tynan and Jake Hanlon, Canada</h2> Trumpeter Paul Tynan and guitarist Jake Hanlon are a dynamic jazz duo from Canada. Having played together for more than 10 years, they have developed a rare musical chemistry that is ever present through their fluid improvisations during performances.“Improvisation is the heart and soul of jazz. It’s where the art lives in jazz music.  As a jazz musician improvisation means creating new music in the moment while being mindful of the surrounding sonic environment and what the other musicians are contributing to that by reacting and interacting. It’s a lot like a deep verbal conversation in many ways.”   <img width="500" height="419" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108141152/636a5f2b9c7e80680e056e0ejpeg.jpg" alt=""/><h2>Faby Medina, France</h2> <img width="500" height="419" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108141152/636a5f2d9c7e80680e056e0fjpeg.jpg" alt="">Faby Medina is a captivating singer-songwriter who released her debut album Following Love in 2017.Her songs are deeply personal, upbeat, occasionally influenced by her Caribbean background and touched with soul, swing and pop. She will be backed by Frank Herrgott (keyboard), Bruno Schorp (bass) and Julie Saury (drums).“Ella Fitzgerald! The first time I heard her voice, I was in shock. Her swing, her scat, her humour, her joy! I just fell in love! My Caribbean roots has also influenced my sound. It helps me to sing with my body. My parents come from Guadeloupe and it’s very important to dance out there! Everyone is comfortable with their body.” <h2>The Blue Fret</h2> Led by the musical Suman Thapa, this Nepali band combines the traditional sound of the bansuri and sarangi with western tones and both English and Nepali lyrics. Its much anticipated debut album Jiri Blues was released in 2018.“When music came through, it was hard to separate the western and eastern style, and the genres we experimented with. But the music incorporated all the elements and it worked. The versatility of the musicians, and the open mindedness to play what feels and sounds good has been crucial to executing this.” <img width="500" height="419" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108141152/636a5f2f9c7e80680e056e10jpeg.jpg" alt=""><h2>Jooni Collective</h2> <img width="500" height="419" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108141152/636a5f319c7e80680e056e11jpeg.jpg" alt="">Jooni Collective is the musical project of pianist and composer Abhisek Bhadra and vocalist Maria Fajardo. Now a quintet with Alessio Cazzetta on the guitar, Rajat Rai on the bass and Kiran Shahi on the drums, its music is a reflection of the diverse backgrounds and experiences of members.“Nepali music is a very rich tradition with a lot of variations. But the reason why most traditional Nepali music forms, specially Nepali classical music and jazz does work well together is that both forms of music are deeply rooted within the concept of Improvisation. Same is the case for jazz and most folk traditions. Whether or not it blends seamless together or not simply relies on the artist’s intentions and methods to achieve it.” <h2>Adrian Crookston &amp; Palouse Forro, USA</h2> Palouse Forró’s music isn’t exactly ‘jazz’. Forró is a genre, dance, rhythm, that originates in the northeast of Brazil. The sound is inspired by the language of jazz and improvisation through the percussion and accordion. Much of its style is influenced by premier jazz accordion players like Dominguinhos and Sivuca who got their start with Forró.“For me, Jazz is an incredible innovation and gift given to the world primarily by Black Americans. Now, people all over the world are innovating in Jazz, it’s happening right here right now in Kathmandu and has been for a while by Nepalis too!” <img width="500" height="419" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108141152/636a5f329c7e80680e056e12jpeg.jpg" alt=""><h2>Tropic Green, Singapore</h2> <img width="1400" height="788" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108141152/636a5f349c7e80680e056e13jpeg.jpg" alt="">Tropic Green is an 8 piece jazz band based in Singapore and composed of musicians from Singapore, Venezuela, USA and Cuba. Its music is composed and arranged by pianist Susan Harmer. According to Harmer, 5 horns give the band its unique sound, adding harmonic and textural richness to their music.“Jazz musicians are unashamed borrowers -- there is no single element that is uniquely jazz. Jazz borrows harmonies, rhythms and the element of improvisation from all global genres. It is this universal richness, where no single performance of a tune is alike that is recognized as being jazz.” <h2>Eastern Classical</h2> <img width="1400" height="417" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108141152/636a5f379c7e80680e056e14jpeg.jpg" alt="">Vocalist Manmohan Thapaliya Sharma has performed across Nepal and India and has recorded two albums Kahile Gham Kahile Chayaand Shanti Sutra. Flautist Dhan Bahadur Gurung honed his skills in a workshop with the legendary Hariprasad Chaurasia, and received accolades for his work. Gandharva, a travelling traditional Nepali band, has taken its music across the villages of Nepal, keeping folk music alive with classic medleys and local instruments. The late Rabindra Lal Shrestha was a maestro of classical Nepali music. His compositions, teachings and tabla-playing skills have left a lasting impression on younger musicians. His son Bijay Shrestha is performing at Surya Nepal Jazzmandu to pay tribute to his father who remains an inspiration to a new generation of tabla players.“Our classical Nepali music and traditional songs are a part of our identity, history and culture. It is our duty to preserve it. But it can only be preserved and promoted through the collaborative efforts of the government, media, fine arts education and programs like Jazzmandu.”  <h2>Cadenza Collective</h2> <img width="1400" height="707" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108141152/636a5f399c7e80680e056e15jpeg.jpg" alt="">Cadenza Collective, Nepal’s first jazz band, seamlessly blends Jazz, Afro-funk and Nepali folk music with an eclectic, energetic sound. It not only pioneered jazz in Nepal but also experimented with it to create a completely unique form of jazz.“Jazz has got better and has come a long way in Nepal, it has become a household word alongside other music genres. Besides guitar, bass, keyboard and drums, we have young musicians picking up horns (trombone, trumpet, and saxophone etc.) and quite a few jazz bands in the scene. It's looking good but we got to keep on pushing further <h2>RSxT, Germany</h2> <img width="1400" height="787" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108141152/636a5f3c9c7e80680e056e16jpeg.jpg" alt="">RSxT breaks through genre barriers by seamlessly blending jazz, electronic music, soul, pop and hip-hop. The ‘x’ in RSxT (Roman Schuler X Trio) stands for ‘unknown and the extraordinary’ and ‘for the crossing of Boundaries and directions’. As it constantly remixes its own music, you will never truly know what to expect but you can always look forward to an exciting and dynamic performance.“Jazz for us is not only a genre, but more the permission to be free while expressing ourselves. I love combining the lyrical power of the piano with grooving beats. Hip Hop, Soul and Electronic are styles that have this groove, and also have the space for keyboard sounds of all kinds. I love all this styles and that is why I want to play them, bring them together and mix genres. I'm not afraid to break boundaries.”“Although we are all educated jazz musicians, Jazz for us is not only a genre, but more the permission to be free while expressing ourselves. I love combining the lyrical power of the piano with grooving beats. Hip Hop, Soul and Electronic are styles that have this groove, and also have the space for keyboard sounds of all kinds. To most simply answer is: I love all this styles and that’s why I want to play them, bring them together and mix genres. I'm not afraid to break boundaries.” <h2>Surya Nepal Jazzmandu 2019</h2> CONCERT FOR YOUNG STUDENTS12-1:30pm, 17 October Alliance Française, Jhamsikhel By invitation only Jazzmandu kicks off with a free concert playing great music for young minds. The Concert for School Students continues Jazzmandu’s long tradition of promoting music education and cross-cultural understanding. Interested schools and individual students can request invitations by writing to info@jazzmandu.org. Seating is limited. Gates open at 11.30 am, please be seated by 11.50 am. GROOVIN AT UPSTAIRS7-9pm, 17 October Jazz Upstairs, Lazimpat Ticket: Rs600Cadenza Collective gather new and old friends for an explosive jam at the heart of Jazz in Nepal, Jazz Upstairs! Gates open at 6 pm. Seating is limited. VALLEY JAMS7-9pm, 18 October Ticket: Rs600Moksh, Jhamsikhel – Tropic Green  Jazz Upstairs, Lazimpat – Paul Tynan &amp; Jake Hanlon / Palouse Forro  House of Music, Thamel – RSxT  Manny’s Eatery and Tapas Bar, Jawalakhel – Faby Medina Gates open at 6 pm and close at 7 pm. Seating is limited. JAZZ BAZAAR2:30-10pm, 19 October Gokarna Forest Resort Ticket: Rs1400Get away from the hustle and bustle of Kathmandu and be surrounded by the lush, serene Gokarna Forest Resort and great music. Gates open at 1.30 pm and close at 7 pm. Seating is limited. A ticket does not guarantee a seat. No outside food or beverages allowed. No pets allowed. Free shuttle buses to Gokarna will depart every hour from 1 pm to 4 pm from outside Hotel Marco Polo in Kamal Pokhari, and will stop for pick-ups outside the Hyatt Regency gate in Boudha. Return shuttles will be available between 10 pm and 11 pm, with drop-offs at Boudha and Kamal Pokhari. SOUNDS OF LATIN JAZZ7-9pm, 20 October Dhokaima, Patan Ticket: Rs1600Experience the sounds of authentic Afro-Caribbean and Brazilian Jazz. Gates open at 6 pm and close at 8 pm. Seating is limited. JAZZMANDU MASTERCLASSES11am-1:30pm, 22 October Kathmandu Jazz Conservatory, Jhamsikhel  –Vocal &amp; Instrumental Workshops Free Entry The Jazzmandu master classes are an opportunity for music students &amp; jazz enthusiasts to interact with visiting musicians, share their experiences and stories and learn techniques and tips on various instruments and vocals. Seating is limited and not guaranteed. JAZZ AT THE TEMPLE HOUSE6:30-8:30pm, 22 October Kantipur Temple House, Thamel Ticket: Rs1600An evening of Nepali classical music fused with Jazz in a rich and soulful ambience. International musicians share their musical ideas and energies with Nepal’s top classical musicians and Cadenza Collective at the fabulous Kantipur Temple House. Gates open at 5.30 pm and close at 7pm. Please be seated by 5.45 pm. Seating is limited. JAZZMANDU FINALE5:30-10pm, 23 October Hotel Yak &amp; Yeti, Durbar Marg Ticket: Rs1400The Finale BIG JAM! Musicians from different bands come together on one stage to light up the festivities creating a high-energy, improvised musical treat. Gates open at 4.30 pm and close at 8pm. Seating is limited.

Jazz returns to the 'Mandu

The monsoon has got bad press because Nepal’s tourism operators actively told visitors to avoid <a href="https://nepalitimes.com/opinion/managing-the-monsoon?%2F">the rainy season</a>. It is time to change that. The reason can be found right here in the vast alpine meadows of Central Nepal where this time of year you can walk on velvet grass of pastures abloom with delicate pink, red and yellow flowers as the mist rolls up the valley. There is no sound except the hum of bumble bees. &nbsp;&nbsp; There are dozens of places across high Nepal called Chaurikharka, which means yak pasture. But this particular Chaurikharka in Rukum East located at an altitude of 4,000m stands out for its serene beauty, rustic charm and bucolic setting. There is just the occasional chime of <a href="https://nepalitimes.com/here-now/when-yaks-go-so-does-culture">yak bells</a> in the distance, and the sharp whistle of herders corralling sheep. &nbsp;&nbsp; The grass shoots are so fragile that one hesitates to step on them, the rounded ridges appear and quickly vanish in waves of mist. With the<a href="https://nepalitimes.com/here-now/before-the-next-monsoon"> arrival of monsoon</a>, these meadows are a soothing shade of green dotted with millions of <a href="https://nepalitimes.com/review/the-anatomy-of-a-flower?%2F=">multi-coloured flowers</a>. Until very recently, it took a week or so to hike up to places like Chaurikharka, but with the expansion of the road network even to these far-flung mountains in the lap of Dhaulagiri, they are much more accessible. It is just a three-hour uphill from the Mid-Hill Highway on the border between Baglung and Rukum East.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20250802130828_a0b06b494d751b2144ffbbf10894ea64b29e8aed844bc8c66171783abfaf4e16.jpg" data-media-id="editor_4" data-image-id="20250802130828_a0b06b494d751b2144ffbbf10894ea64b29e8aed844bc8c66171783abfaf4e16" data-rendition-name="original" width="2048" height="1365" loading="lazy" alt="Visit Nepal in the monsoon"> </figure>  Purists would say that such easy access devalues the sanctity of these remote high meadows, but it also means more people will be moved to treasure the experience, appreciate <a href="https://nepalitimes.com/banner/natures-fragile-gift-to-nepal">the value of nature </a>so they can take steps to protect it.&nbsp; To be sure, the <a href="https://nepalitimes.com/here-now/deadly-monsoon-in-nepal-turns-deadlier">monsoon season can be challenging for road travel</a>. The roads are rough even at the best of times, and in the monsoon they become muddy and treacherous, often blocked by<a href="https://nepalitimes.com/news/monsoon-deluge-in-nepal"> landslides</a>. But that could be precisely the kind of adventure that the more intrepid visitors crave. Improved road connectivity has already made Chaurikharka and places like Badimallika &nbsp;and other sacred lakes in the mountains of western Nepal popular with domestic tourists. What is driving this traffic is the urge to go to exotic new places and share videos and selfies on social media. Several of Nepal’s travel vloggers have visited Chaurikharka and popularised the place, enticing followers on TikTok or YouTube to retrace their footsteps. But even as they become more popular, these fragile and once-remote places should be protected from over-tourism.&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20250731110736_f97110b7cdc3e7f80d5877690948fc9f4c95a09c583deb23b07355491e6c5446.jpg" data-media-id="editor_8" data-image-id="20250731110736_f97110b7cdc3e7f80d5877690948fc9f4c95a09c583deb23b07355491e6c5446" data-rendition-name="original" width="1083" height="699" loading="lazy" alt="Visit Nepal in the monsoon NT"> </figure>  <h2>INCREASING FOOTFALL</h2> Chaurikharka is located in Bhume Rural Municipality of East Rukum, near the scenic valley of Dhorpatan in Baglung district. Even in the <a href="https://nepalitimes.com/banner/monsoon-culture">middle of the monsoon</a>, there is a steady stream of Nepali hikers trooping to these high pastures – especially during festival days like Saune Sankranti which this year was on 17 July and actually marks the auspicious beginning of the monsoon here. “This year the rains have not been as heavy and there have been some clear mornings when we could see everything from Dhaulagiri to Machapuchre,” says Khageswar Bhandari, who trekked up here from the road. “The flowers, the greenery and the snowy mountain views make this an incredibly unique place.”&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20250802130824_1b9e26f2e9853fdfe69154bb42a7c9ea6da4bf4940efc1da99b304dcfbd7d3d9.jpg" data-media-id="editor_10" data-image-id="20250802130824_1b9e26f2e9853fdfe69154bb42a7c9ea6da4bf4940efc1da99b304dcfbd7d3d9" data-rendition-name="original" width="2048" height="1152" loading="lazy" alt="Visit Nepal in the monsoon"> </figure>  Chaurikharka is worthwhile to get to in any season, but it has a different charm during the monsoon. Word has spread and because it is now easy to get to from Baglung or even Pokhara, people have been flocking here.&nbsp; “Holidays and Saturdays see the largest crowds, with up to 500 visitors every day,” says ward chair Mankaji Pun of Bhume.&nbsp; There was a time not too long ago when local herders brought sheep, goats, cows, buffaloes, horses, and mules to graze here during the monsoon. Although there are still livestock around, animals have been replaced by visitors taking selfies. Read also: <a href="https://nepalitimes.com/here-now/the-monsoon-and-nature-s-arithmetic">The monsoon, and nature’s arithmetic</a>, Tom Robertson Ward Chair Pun says infrastructure development is his main priority. A foot trail to Chaurikharka was built last year by the Tourism Division Office in Kohalpur, but access via the Raniwas-Koipa road section still remains challenging.&nbsp; “If we get more budget, we can improve the road and facilities to make Chaurikharka the main tourist attraction of this region,” says Bhume Municipality Chair Hom Prakash Shrestha. “After that, we hope to promote Chaurikharka as a top tourist spot.”&nbsp; Economic activity is also picking up with the arrival of visitors, but there seems to be a need to manage the makeshift sheds made of corrugated sheets that spoil the beauty of the place. Tea shops and lodges are also available but facilities are basic. Kuldeep Neupane took a three-day trip from Ghorahi in Dang to visit Chaurikharka recently, and says: “This is an ideal trip to make a quick getaway and let nature recharge your mind and body. And it is much more fun with a tent, to watch the sunrise over the Himalaya or the mist blowing in.”

Visit Nepal in the monsoon

Two weeks ago, Prime Minister KP Sharma Oli announced jubilantly on social media that Nepal had achieved a historic annual growth of 81.8% in exports. He was right. Nepal’s trade did take a great leap forward compared to last year. But the dramatic rise was mainly due to processed soya bean oil.&nbsp; However, Nepal does not produce the edible oil it exports. In fact, the soya and palm oil that make up 44% of total exports are imported from Southeast Asia and South America, and simply re-exported, mostly to India.&nbsp; Under the SAFTA (South Asian Free Trade Area) Agreement, Nepal can export products to India duty-free if it has at least 30% value-added. Nepal’s traders have taken advantage of SAFTA even though the edible oils they export do not reach that value addition threshold. “The 30% value addition requirement is often only on paper,” says former commerce secretary Purushottam Ojha. “It is clear that simply packaging edible oils in Nepal does not fulfil the terms of the trade agreement.” Prime Minister Oli is aware of this, and even called Nepal’s export figures “fake” at an earlier event. The government is relying on other iffy figures to suggest that Nepal’s economy is strong and getting stronger. For example, the value of imports rose by 13.25% in 2024-25 compared to the previous fiscal year.&nbsp; Some of it was due to a jump in electric vehicle imports worth Rs 31.76 billion, but mostly it was because more wholesale soya oil was imported to be re-packaged and sold in India. The very fact that the government boasts about increased imports is an indication of how much it relies on taxing them for revenue. Touting such trade figures cannot be the basis to claim an economic rebound.&nbsp; “A jump in the value of imports can be interpreted as an increase in purchasing power, but it is not evidence of a stronger economy,” says economist Keshav Acharya. “Even though imports have increased, Nepal's domestic production and productive capacity have not improved.” Nepal Rastra Bank's semi-annual economic activity study report shows that industrial production was down in the first six months of the last fiscal year. This despite an increase in the number of new industries registered and investment commitments. Out of the Rs70.2 billion proposed foreign investment, Nepal received only Rs17.9 billion last year.&nbsp; Meanwhile, the rate of capital formation was limited to 24% last year, which is lower than the year before, suggesting that new investment, job creation and economic expansion all declined. If domestic production does not improve in relation to this year’s inflated trade figures, the outflow will put pressure on foreign exchange reserves like it did three years ago. At that time, Nepal borrowed from the IMF under its Extended Credit Facility Program to kickstart the economy.&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/2025080710084_2cdaaa5795828c4a7de93a0604ba884ef0a8b8f24cccd939f6c24e279ab6058f.jpg" data-media-id="editor_0" data-image-id="2025080710084_2cdaaa5795828c4a7de93a0604ba884ef0a8b8f24cccd939f6c24e279ab6058f" data-rendition-name="original" width="1633" height="723" loading="lazy" alt="Nepal's bubble economy NT"> <figcaption>Source: NEPAL RASTRA BANK</figcaption> </figure>  The macroeconomy is on firm footing with foreign exchange reserves at a comfortable Rs2,520 billion in May, up 23% from last year. This was largely due to remittances, and partly due to a falling NPR exchange rate. Real estate transactions and the stock market index have also been climbing as a result of government policies to revive the sector.&nbsp; However, former executive director of Nepal Rastra Bank Nar Bahadur Thapa cautions: “This is not organic growth, it is the result of deliberate policy decisions to relax rules on real estate and stock markets transactions.” In reality, the sharp rise in land prices have increased the cost of production, and excessive monetisation of the real estate has become the main source of Nepal’s economic woes. The central bank has announced a slew of new policies, shifting the terms of loan repayment for industrialists and entrepreneurs, reducing interest rates, and injecting more working capital — all designed to inject adrenaline into the real estate and stock market sectors.&nbsp; When he was governor, Mahaprasad Adhikari made several financial reforms during the latter half of his tenure to stimulate the economy, including tightening credit flow.&nbsp; By the last fiscal year, additional financial reforms had resulted in a credit expansion rate of around 8%. As the pace of credit expansion slows, real estate prices have started to fall. This is actually beneficial to the economy, because it lays the foundation for improvements in land-related entrepreneurship, production, and the construction sector. Just because real estate and the stock market transactions increase, it does not indicate an economic turnaround — especially when manufacturing and productive sector continues to languish.&nbsp; “It is foolish to believe that real estate and the stock market have magically revived our economy. Agriculture employs more than half of the population, but it is in decline. Investment in the productive sector has not increased, and job creation has not increased.” Two years ago, Nepal’s industrialists, business leaders, and political leadership predicted a recession amidst a sluggish business, declining market demand, large-scale job loss, and a shrinking real estate and share market.&nbsp; Still, the economy grew by 3.36% in fiscal year 2023/24. In fact, Nepal’s economy has grown nominally over the last two decades even when all sectors of the economy are in decline.&nbsp; Says Keshav Acharya: “The growth in trade, real estate, and the stock market are bubbles. The real economy remains stagnant.”

Nepal’s bubble economy

The final investigation report on the crash of a Saurya Airlines jet on 24 July 2024 at Kathmandu airport has revealed flaws in the carrier’s technical operation procedures, poor monitoring by the Civil Aviation Authority of Nepal (CAAN) and gaps in the airport’s emergency response. Eighteen people including a child were killed, and only the captain survived as the plane plunged seconds after takeoff, crashing within the airport perimeter. This was the latest in a series of aircraft accidents in previous years, and further tarnished Nepal’s already poor aviation safety record and contributed to the country being retained in the EU’s air safety list. &nbsp;&nbsp;&nbsp; The circumstances in the Saurya crash were different from the Yeti Airlines crash in Pokhara in January 2022 that killed all 72 on board, and two Tara Air crashes in February 2016 and May 2022 on approach to Jomsom that together claimed 45 lives. However, all four tragedies were a result of negligence of carriers and crew, failure to follow procedures, regulatory slackness, and overconfidence. The Saurya crash, especially, was a glaring example of how an ailing airline broke its own rules to allow passengers, including non-employees, a joy ride to Pokhara on a maintenance ferry flight. CRASH REPORT The Final Investigation Report prepared by the Aircraft Accident Investigation Commission and released on the first anniversary of the crash last week carried a long list of rules that were ignored or broken, and of regulatory failure. The first mistake was to cram spares, tools and inflammable chemicals needed for the aircraft’s C-Check in Pokhara into the cargo hold flouting its own ground handling procedures.&nbsp; There was no check-in of passengers, some of whom were not even employees – even though regulations say only flight and maintenance crew should be on board a maintenance positioning flight. Many brought their own luggage into the plane and stored it unsecured in the cabin. There was no flight attendant to give a safety briefing to passengers. The load and trim charts given to the flight crew were rough estimates, and the total takeoff weight of the plane was 18,300kg plus or minus 200 kg. That would still have been all right, but there was a glaring mistake in the speedchart Saurya pilots were using to calculate the minimum takeoff speed (known as VR), and it had been wrong ever since the 21-year-old aircraft entered service with the airline in 2017. FAULTY DATA&nbsp; The Commission probed Flight Data Recorder inputs from previous takeoffs of the Canadian-built CRJ200-LR in 2023-2024 and found that the undetected error in the speedchart had caused the plane to pitch up at an abnormal rotation rate at least 18 times on previous takeoffs.&nbsp; Any rotation rate more than 3°/sec is regarded as unusual. But on at least two occasions, this aircraft with tail number 9N-AME had rotation rates of 5.8°/sec and 5.5°/sec, the second one was when the pilot who survived was flying in March 2024.&nbsp; On this particular day, the plane’s rotation rate was 6.5°/sec, causing it to go into a deep stall soon after takeoff, the Commission report said. Essentially, the plane was not flying fast enough down the runway to take off safely.&nbsp; It is not yet clear whether excess weight, unsecured luggage, wrong centre of gravity were also factors, but relying on a faulty speedchart for the given takeoff weight, the captain flying pulled back on the yoke before the plane had reached takeoff speed and at a pitch angle that was too steep. The investigation report says the plane then went into a deep stall and started banking right with the stick shaking. At this point, the flight officer on the right hand seat is heard on the cockpit voice recorder saying: “Whoa, whoa, whoa. Sir, Sir, Sir…” It then banked left before the pilot flying turned the plane sharply to the right again in an evasive action to avoid the parking aprons of the international and domestic terminals. Had he not done so, there would have been a disaster of a much greater magnitude at Kathmandu airport that day. The plane scraped the runway with its right wingtip, collided with a container having helicopter spare parts, and plunged into a gully east of the runway, exploding in a fireball. The investigation also noted that the impact forces seemed to be survivable for some occupants. The fire trucks took unnecessarily long to reach the site even though it was inside the airport perimeter. The absence of an ICAO-standard runway strip, inadequate rescue drills, lack of training, and a blocked emergency service gate leading to the crash site were cited as other factors. &nbsp;&nbsp; <h2>Timestamp of a Disaster</h2>  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20250731110724_39cdd04693994ce6e55a5b302905c0fa4884fe85bed21ff0779bb1439f3a5725.jpg" data-media-id="editor_0" data-image-id="20250731110724_39cdd04693994ce6e55a5b302905c0fa4884fe85bed21ff0779bb1439f3a5725" data-rendition-name="original" width="778" height="826" loading="lazy" alt="Flouting rules caused Saurya tragedy NT"> </figure>  11:10:34 - The Saurya Airlines CRJ200 on the takeoff roll from runway 02. It had a takeoff weight of about 18,300kg, but the pilot’s speedcard had a previously undetected mistake about the minimum takeoff speed. 11:10:55 -The plane with tail number 9N-AME goes into deep stall soon after takeoff because it does not have enough speed to lift its weight. The plane also has an abnormally steep nose-up attitude.&nbsp; 11:11:03 - Without enough speed to generate lift, the plane banks right, then left and right again in CCTV photos taken from the domestic apron (below). If it had not banked right, it could have hit the aprons and terminal buildings. Seen parked is Saurya’s other CRJ200 with tail number 9N-ANM.&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20250731110732_608132f7225c649125cca2691dd6a6bf930984c5b359e888d7ad9e5eacce3afd.jpg" data-media-id="editor_1" data-image-id="20250731110732_608132f7225c649125cca2691dd6a6bf930984c5b359e888d7ad9e5eacce3afd" data-rendition-name="original" width="770" height="555" loading="lazy" alt="Flouting rules caused Saurya tragedy NT"> </figure>  11:11:08 - The plane scrapes the runway with its right wingtip, and falls into the gully. The captain is thrown off the left side of the cockpit and survives. 11:11:15: Plane explodes in a fireball inside the airport perimeter. Firefighters take time to reach the site because of lack of access road and a blocked gate. Read the full investigation report <a href="https://www.tourism.gov.np/files/9N-AME%20AIC%20Final%20Report.pdf">here</a>.

Flouting rules caused Saurya tragedy

American artist Peter Makela was in Nepal in 2022 on a Fulbright scholarship when he experienced the Matya festival in Patan in which devotees made the rounds of the city’s shrines.&nbsp;
He joined the procession, walking through 2,600 stupa and 140 bahal of the town. That immersion left a lasting impression.
As part of Gallery Mcube’s international residency program in Patan, he put his inspiration to canvas in the exhibition Yala Yatra: Walking, Working, Worshipping. The exhibition also coincides with this month’s Matya festival.&nbsp;
Makela has visited Nepal often in the past 11 years but he mostly stayed in and spent his time around Boudha. “This time I stayed in Patan, put the sites I wanted to visit on my map, and off I went,” he tells us. “Each of my artwork is inspired by the stupas and shrines in Patan that I visited.”
The stupa and Ganesh are recurring motifs in his watercolours, and the elephant gods are located in chaityas — reflecting the interplay and blending of the Hindu and Buddhist faiths in Kathmandu Valley.&nbsp;
The stupas and Ganesh are painted in vivid red, yellow, blue and green against abstract backgrounds meant to represent the sky.
“I use the sky as a backdrop because the sky has no border,” says Makela. “The four colours represent the four elements, the different Buddha families and also lights bouncing off of a rainbow.”
The use of just four colours for all the artwork stands out, and combined with the absence of heavy canvases, frames or stands render Makela’s art striking in its simplicity.&nbsp;
The Ganesh is always holding something and the art also portrays the elephant god’s sacred vehicle, the mouse.
While his vibrant stupas and Ganesh reflect the tangibility of Patan’s tradition and heritage, it is as if the backdrops with their shades of grey and red and yellow capture the soul of the city’s shrines.
“If you look closely, there is a sense of form and formlessness at the same time,” he says.&nbsp;
Makela walked 108 kora around the shrines during his exploration of the town, and in the process developed a spiritual connection with Patan’s heritage and traditions.&nbsp;
The exhibition connects with visitors on a deeper, more spiritual, level as well. And with it, they feel a sense of pride as well as the need to urgently preserve Patan’s heritage for future generations.
“Peter’s inclination and approach towards Nepali art and culture is fascinating, and it reflects in his work,” says Mcube curator Manish Lal Shrestha, whose international artist residency program promotes Nepal’s cultural heritage. &nbsp;&nbsp;
Yala Yatra: Walking, Working, Worshipping
1-5 August&nbsp;
10AM-7PM
Gallery Mcube, Patan

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Walking, working, worshipping in Patan