<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108181148/636a966f9c7e80680e05dc68jpeg.jpg" alt="" width="1500" height="1125"/><figcaption>Photos: EPIC MOUNTAIN BIKE</figcaption></figure>Rupesh Shrestha was nearly paralysed after a spinal injury, and his business was on the verge of bankruptcy. Just when he thought things could not get much worse, he lost his wife to cancer.Today, Shrestha is a living example of someone who turned adversity into accomplishment, using a positive mental attitude and persistence to transform a small bicycle shop into one of Kathmandu’s top mountain bike stores.“When you are on the edge you learn so much about life, and it was my passion for business that drove me to success,” says Shrestha. “You can either get stuck or move forward.”Read also: <a href="https://www.nepalitimes.com/opinion/migrant-worker-finds-farming-in-nepal-more-rewarding/" target="_blank" rel="noopener">Migrant worker finds farming in Nepal more rewarding</a>, Naresh NewarFive years ago, after suffering a prolapsed disc, he was hospitalised then bedridden at home for months. It was rigorous physiotherapy and yoga that saved him from paralysis.Against his father’s advice, he had set up Epic Mountain Bike in 2000, when he was just 20. Shrestha was ahead of his time because Kathmandu was not yet ready for mountain biking, and the business did not do well.https://www.youtube.com/watch?v=76OS31e_2iUThen tragedy struck: his wife was diagnosed with an aggressive cancer and despite treatment she died in 2016.“This was a very difficult time for me, but during the 13-day mourning period I did a lot of self-reflection about life. It was the support and counselling from my friends and family that helped me to move on,” recalls Shrestha.The trick was to put his energy completely into his mountain bike store, understand the market, promote cutting-edge technology and focus on making the venture successful.Read also: <a href="http://archive.nepalitimes.com/news.php?id=15137#.XdZnjdUzbIU" target="_blank" rel="noopener">Cycle city</a>, Roma Aryal“At that time, 80% of my clients were westerners and 20% Nepali — today it is just the reverse,”  says Shrestha, who sees many urban Nepalis now adopting the sport, taking advantage of the country’s challenging topography and stunning scenery to undertake adventures on two wheels.He went to Singapore to train himself in the potential for mountain biking, and read and researched the subject starting with the bible of the sport, The Complete Book of Mountain Biking, by mountain biking pioneer Gary Fisher.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108181148/636a96749c7e80680e05dc69jpeg.jpg" alt="" width="1500" height="1050">Back in Nepal, Shrestha re-started his shop in Jhamsikhel and trained staff to become mechanics. “I was very passionate about this business, not only to sell bikes but to get more Nepalis interested in going out to the great outdoors. This is both fun and environment-friendly.”Shrestha started mapping mountain-biking routes around Kathmandu Valley, giving enthusiasts on-the-spot training to develop biking skills and techniques. Outside Kathmandu, his sister company, Epic Rides Nepal, started guided tours, taking cyclists for one-day trips to Hetauda and Chandragiri Ridge, and then longer and tougher 10-day grinds in Mustang and Annapurna.Read also: <a href="https://www.nepalitimes.com/banner/no-city-for-cyclists/" target="_blank" rel="noopener">No city for cyclists</a>, Sewa BhattaraiThe company organised even longer 21-day trips to Lhasa, cycling 1,000 km. This September, Shrestha’s team organised the first of a kind, 12-day biking trip for Nepali riders in Colorado and Utah.“Since the beginning we targeted Nepalis because that made the business sustainable,” says Shrestha, adding that his Nepali customers have helped his company grow to an annual turnover of Rs20 million today.Shrestha is also involved in various charities, organising awareness campaigns through annual bike rallies on <a href="https://archive.nepalitimes.com/article/nation/think-pink-breast%20cancer-diagnosis-treatment,3877" target="_blank" rel="noopener">Breast Cancer</a> Day in memory of his wife, donating the proceeds to hospitals to treat cancer patients who cannot afford treatment. He also helps with an HIV/AIDS treatment centre in Kirtipur.Rupesh Shrestha’s advice for success is to muster courage, patience and passion, and learn from failures. And finally: “Only get into a business doing something you are really passionate about, and don’t rush it. Never give up.”

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Rupesh’s epic journey

https://www.youtube.com/watch?v=W4MI6WXEHvU&amp;feature=youtu.beWith its gentle inclines, convenient distances and scenery, Kathmandu had always been an ideal cycling city. Tourists to Nepal in the 1970s wrote ecstatically about pedalling past emerald green terraces to hilltop towns with ancient monuments.But that was before cars drove bicycles <a href="http://archive.nepalitimes.com/news.php?id=18714#.Wu_AcO-FO70" target="_blank" rel="noopener">off the roads</a>. Bicycles made a <a href="http://archive.nepalitimes.com/article/Nepali-Times-Buzz/cycle-to-work-every-friday,1395" target="_blank" rel="noopener">comeback</a> during the fuel crisis during the 2015 Blockade, but soon things went back to roads choked with cars and exhaust fumes.There has been new interest in trail biking around the Valley rim and in the <a href="http://archive.nepalitimes.com/article/Nepali-Times-Buzz/Nepal-mountain-bike-champs,1234" target="_blank" rel="noopener">high mountains</a> as an <a href="http://archive.nepalitimes.com/article/Nepali-Times-Buzz/Yak,278" target="_blank" rel="noopener">adventure sport</a>, but commuting by bicycles is in steep decline because of pollution and the unkept promise of bicycle lanes.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107101152/6368d61c9c7e80680e031465jpeg.jpg" alt="" width="1400" height="933"/><figcaption>DUSTMANDU: A bicycle commuter on Tuesday on a road in Khumaltar that is being widened without making space for a bicycle lane. Gopen Rai</figcaption></figure>Abhishek Shrestha, who runs Cycle Chain, a bicycle shop in Jhamsikhel was selling up to four bicycles every week till two years ago. Now, he hardly sells one a month.“Without separate bicycle lanes, motor vehicles pose a great hazard for cyclists,” says Shrestha. Ironically, however, the sale of face masks have shot up, indicating that pollution is a factor putting off cyclists.The death of conservationist Dr. <a href="http://archive.nepalitimes.com/article/nation/The-road-to-safety,873#." target="_blank" rel="noopener">Pralad Yonzon</a> is still fresh in the minds of people, through it happened in 2011. An avid environmentalist, Dr. Yonzon practised what he preached and commuted on a bicycle. A truck rammed into his bicycle at Balkhu, leading to his death, and the roads continue to be as dangerous for cyclists.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107101152/6368d61f9c7e80680e031466jpeg.jpg" alt="" width="1400" height="933"><figcaption> </figcaption></figure>True cycle enthusiasts like Girish Giri (below) however, have a reverse logic about bicycling around town: “I am glad I am not contributing to the air pollution,” grins Girish, a journalist who cycles to work every day, and last month bicycled 120km to Birganj from Kathmandu.The tax on bicycles (25%) is far less than on motor vehicles, so the price is about the same as in the country of manufacture.Read Also: <a href="https://www.nepalitimes.com/?p=5681&amp;preview=true" target="_blank" rel="noopener">Riding above the haze</a>, Tyler McmahonHowever, since bicycles are still associated with the lower middle class, it hasn’t gained popularity among middle class commuters in Kathmandu.Bicycle seller Keshav Bahadur Mahat in Patan agrees, saying affordable scooters have cut into his market: “Only children’s bicycles are still selling well.”<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107101152/6368d6239c7e80680e031467jpeg.jpg" alt="" width="1400" height="787"><figcaption> </figcaption></figure>With events like Mountain Bike Championships and Kora Cycling, the awareness about the recreational benefits of bicycling has grown. But sports cycling still has a long way to go.“There is no velodrome in Nepal for indoor track cycling, and cross-country cycling, para-cycling, BMX, haven’t really taken off and although Nepal’s terrain is suitable for mountain biking, even that discipline has not grown to its full potential,” explains Gopal Sundar Lal Kakshapati of the Nepal Cycling Association.Activists lobbied for years to make Kathmandu more cycle-friendly, and Kathmandu Mayor Bidya Sundar Shakya had a plan for a ‘Cycle City’ with bicycle lanes and parking areas in his famous list of 100 Things To Do Within the First 100 Days in office.“The 100 days have long passed, and we are disappointed the new Ring Road also does not have bicycle lanes,” says Shailendra Dangol of <a href="http://kcc2020.blogspot.com/" target="_blank" rel="noopener">Cycle City Network</a> Nepal advocacy group.Nepal’s terrain is ideal for all kinds of <a href="http://archive.nepalitimes.com/news.php?id=19700#.Wu_BkO-FO70" target="_blank" rel="noopener">cycling</a>, but policies and plans actively discourage bicycles at a time when cities around the world are returning to this mode of transport.Read Also: <a href="https://www.nepalitimes.com/?p=5675&amp;preview=true" target="_blank" rel="noopener">Make sure bicycling is not injurious to health</a>,  Amir Neupane

No city for cyclists

While physical activity is one of the keys to a healthy lifestyle, air pollution and exercise can be a harmful combination. This is especially true if you have asthma, diabetes, and heart or lung conditions. Young children, older people, and people who work or exercise outdoors can be especially susceptible to the effects of outdoor air pollution. Street level suspended particulates and toxic emissions in Kathmandu are several times higher than the WHO’s safe threshold.Lately, many patients have been coming to my physiotherapy clinic complaining of pain in the elbow joint, neck, knee, back, tendinitis and nerve impinchment. Most are bicycle enthusiasts who took up the sport to improve their health.Indeed, bicycling can have many health benefits: increasing cardiovascular fitness, improving muscle strength and flexibility, greater joint mobility, reducing stress, better posture and coordination, and decreased body fat levels.We need to understand the interface between the human musculoskeletal system and the mechanical laws of the bicycle to use it properly. The idea is to prevent common injuries while using bicycles for commuting, mountain biking, or in triathalons and extreme racing.		
		<img width="500" height="1020" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107101152/6368d6269c7e80680e031468jpeg.jpg" alt=""/>Cycling incorporates all main leg muscle groups during various phases of pedaling. This movement is ideal for strengthening muscles, but overuse may cause repetitive stress injury and pain . A physiotherapist can pinpoint the problem and locate any strength deficits.Health problems increase while exercising in polluted areas. During increased physical activity you usually inhale more air and breathe it more deeply into your lungs.The air also passes through the mouth, bypassing the nasal passages which normally filter airborne particles. What is not clear with air pollution and exercise is which types of air pollution are most harmful over time. It is prudent to avoid cycling along Kathmandu’s main roads, especially in the mornings and evenings.However, research has shown that the long-term benefits of regular exercise outweigh the risks associated with exposure to air pollution.Amir Neupane is an evidence based physio-practitioner, and manages Aashas Health Care in Jawalakhel.<a href="http://aashas.com.np/" target="_blank" rel="noopener">http://aashas.com.np/ </a>Read Also: <a href="https://www.nepalitimes.com/?p=5674&amp;preview=true" target="_blank" rel="noopener">No city for cyclists</a>, Sewa Bhattarai		
			<h3>Healthy Exercise</h3>		
		Monitor air pollution. Consult Nepali Times on mobile for live air pollution levels in Kathmandu to check if it is safe.Timing workouts. Avoid outdoor physical activity and reduce exercising when pollution levels are highest in mornings and evenings, or rush hours.Avoid high-pollution areas. Pollution levels are highest within 400m of busy roads. Take bike up to ridge (see accompanying article)Exercise indoors. Exercise indoors when air quality is bad. Check out a local gym or run laps on an indoor track.Read Also: Riding above the haze, Tyler Mcmahon		
			<h2>Posture</h2>		
		Your bike must be adjusted to suit your body size and shape so you are more relaxed and can ride longer distances with less effort. However much you enjoy bicycling, don’t overdo it. If you get pains, visit a physiotherapist with a special interest in bike setup or a cycling store professional.Pick your bike: Do you want a bicycle to commute or for trail biking? Pick the right type and size.Posture: Avoid excessive movement of the upper body. Maintain neutral spine by bending forward at the hips. Do not hunch, do not sway.Reach: Have a comfortable reach with the handlebar, not too far away and not too near. Your arms should be 90 degrees to your torso.Pedal: The ball of your foot should be centred over the pedal axle.Saddle: Saddle should not be tilted and its height should be adjusted so that when the pedals are horizontal your knee is directly over the spindle.

Make sure bicycling is not injurious to health

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

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

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

French citizen Louis arrived in Nepal for the first time earlier this year, planning to <a href="https://nepalitimes.com/banner/the-abcs-of-a-winter-trek-in-nepal">trek the Annapurna Circuit </a>before heading down to Bardia to hopefully catch a glimpse of some<a href="https://nepalitimes.com/news/nepal-counting-its-tigers"> tigers</a>. Before he began his journey from Besisahar, Louis (who only revealed his first name) had imagined breathing crisp mountain air, and following the melodious gurgle of the Marsyangdi.&nbsp; Instead, he had to breathe fumes and dust all the way to Chame. Louis says he masked his face with a handkerchief: “It was not what I expected, this is not right.”  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/2025080304080_f03fce1527cf8a63178e4e82589a1a7096c8cfa28893ca4a5f7fe82d91a6e38a.jpg" data-media-id="editor_2" data-image-id="2025080304080_f03fce1527cf8a63178e4e82589a1a7096c8cfa28893ca4a5f7fe82d91a6e38a" data-rendition-name="original" width="2419" height="1814" loading="lazy" alt="Manang trails NT 1"> </figure>  Many other trekkers are similarly disappointed as roads have been built along what used to be <a href="https://nepalitimes.com/banner/a-walk-back-in-time-chandragiri-hatiban">walking trails</a>. Manang and Humla are the last remote regions in the Himalaya to be connected to the national road network. &nbsp;Construction of the 87km Besisahar-Manang road began in 1994, but was stalled during <a href="https://nepalitimes.com/news/14-years-after-conflict-no-closure-in-nepal">the Maoist conflic</a>t, and finally finished in 2012.&nbsp; Most of it has not yet been blacktopped, and sections have been carved out of vertical cliff faces, making them treacherous. But it has allowed road access to Manang, a journey that previously took a week on foot.&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/2025080304084_32b3ca875a0df9f1dd42dbe915e6f6a2cd4f2e53f1cf2d3ee5cbdb3435905000.jpg" data-media-id="editor_5" data-image-id="2025080304084_32b3ca875a0df9f1dd42dbe915e6f6a2cd4f2e53f1cf2d3ee5cbdb3435905000" data-rendition-name="original" width="2400" height="1505" loading="lazy" alt="Manang trails NT 1"> </figure>  While the <a href="https://nepalitimes.com/opinion/the-road-out-of-nepal">road has improved access</a>, it has impacted on<a href="https://nepalitimes.com/here-now/trekking-in-the-time-of-climate-change"> trekking tourism </a>— the mainstay of Manang’s economy. The number of tourists visiting the scenic valley behind the Annapurnas grew from 21,245 in 2023 to 30,866 in 2024. The Annapurna Circuit is known for unique sights like <a href="https://archive.nepalitimes.com/news.php?id=9194">Tilicho</a>, one of the highest lakes in the world, the Thorong La pass that connects Manang to Mustang, and the valley’s own rich cultural heritage. Thorong La at 5,416m is the highest hiking pass in the world, and was used by locals for trade with Mustang before it became a <a href="https://nepalitimes.com/opinion/comment/lift-restrictions-on-upper-mustang">popular trekking route</a>. &nbsp; “For guests, the excitement of reaching Thorong La is now overshadowed by their disappointment of having to journey through dusty roads to get there,” says Manang lodge-owner Ongma Gurung. “That is the complaint we get the most.” <a href="https://nepalitimes.com/banner/tourism-that-treads-lightly-on-the-land">Local tourism </a>operators are trying to get the government to build alternative foot trails. But there have been delays due to a lack of budget.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/2025080304084_c5f76e398182785bb17846a148e3ca89de5687b4623580f8e2d725a7a287edfa.jpg" data-media-id="editor_11" data-image-id="2025080304084_c5f76e398182785bb17846a148e3ca89de5687b4623580f8e2d725a7a287edfa" data-rendition-name="original" width="2419" height="1762" loading="lazy" alt="Manang trails"> </figure>  The Naso Rural Municipality has identified other routes along the Annapurna Circuit in Chyamche, Tal, and Khotro so trekkers can bypass heavy vehicles involved in the construction of the Manang-Marsyangdi Hydropower Project. “But the local government cannot do everything,” admits the chair Dhan Bahadur Gurung. “And for leaders in Kathmandu, Manang is out of sight and out of mind.” Munindra Jung Gurung represents Manang in the Gandaki Provincial Assembly, and says he has raised the issue in <a href="https://nepalitimes.com/news/pokhara-s-tourism-woes">Pokhara</a>. He is hopeful there will be a hearing. To be sure, the road is not all bad news. Locals benefit, the number of visitors has grown, and trekkers can now also save time and use it to explore <a href="https://archive.nepalitimes.com/news.php?id=5960">side valleys in Manang</a>, visiting the villages like Nar and Phu. Annapurna Conservation Area (ACA) chief Rabin Kadariya concedes that the road to Upper Manang was crucial to connect the remote region with the rest of Nepal, but adds: “We have built an alternative trail connecting Talgaun, and we will consult local communities about their priorities on other hiking trails.”&nbsp;