Ranked 8th in the world in the 100km race, Nepal’s Sunmaya Budha is taking long strides in the international trail running circuit. In March, the 24-year old from Jumla was at the <a href="https://itra.run/Races/RaceResults/Wenling.Golden.Coast.Trail.70KM/2024/91759">Wenling 70km in China</a>, a trail race on paper but with a route that was about 70% road. On her first time, she set a record for the course, beating the number two ranked female trail runner in the world. It was a 70km road race all on a road surface, something Budha is less used to, since almost all of her training is on trails. Budha hit a roadblock at 30km, when her leg started cramping up, but she fought through it. Soon after winning Wenling, she traveled with her manager to Spain to race a 75k at the Transvulcania La Palma Island 2024. Read also: <a href="https://nepalitimes.com/here-now/change-on-a-himalayan-scale">Change on a Himalayan scale</a>, Kunda Dixit&nbsp; Budha was apprehensive about her chances, because she was coming back from an injury and the field was strong. In a pre-race interview, she thought she could not even finish in the top ten. She ended up third. Now, she is eying the world trail running championship in France in September. &nbsp;Sunmaya started running while in Grade 7 in Jumla, and did well at school tournaments. She came to Kathmandu to take part in 3 and 5Ks. “My very first race was 1,600m, and I came in second only because I had no clue that the finish line was a little further than where we had started from,” she recalls, laughing. The next year, she won the race. “There was no tv, no internet in my village. The only way to get any kind of news or information was the radio,” remembers Budha of her childhood. Her parents (pictured below) were not educated and initially did not understand this passion for running, insisting instead on an arranged marriage for her.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240808100852_f9969d45346d1c6ef2dbc074fc2a3ae5c8c7f0279e30197146e645ef9d1b9cc2.png" data-media-id="editor_2" data-image-id="20240808100852_f9969d45346d1c6ef2dbc074fc2a3ae5c8c7f0279e30197146e645ef9d1b9cc2" data-rendition-name="original" width="1492" height="1118" loading="lazy" alt="Sunmaya Budha family NT"> <figcaption>Sunmaya back home in Jumla in t-shirt with her family.</figcaption> </figure>  “They weren’t too persistent about marriage, but were a little concerned with how thin I was getting from all the training,” she says, “they let me know that they could not support me financially.” She moved to Khalanga and started training at the Karnali Sports Club under <a href="https://archive.nepalitimes.com/news.php?id=3102">Hari Bahadur Rokaya</a> who was Nepal’s Olympic marathoner in 1988 and 1992, and the fastest in the <a href="https://nepalitimes.com/here-now/been-there-not-done-that">Everest Marathaon</a>. Throughout it all, her parents thought she was in school. Budha benefited from Rokaya’s mentorship as she could train for free and he took her to races. “My parents only figured out I was running when they heard that I came third in a national-level race in Dharan,” recalls Budha. She won a cash prize of Rs15,000. Budha kept improving and was invited to her first trail race, a 12km course organised by British trail runner Richard Bull, who co-founded trailrunningnepal.org. In July 2021, Sunmaya was signed to Asian Pacific Athlete’s The North Face Adventure Team and she had professional management, coaching, financial support, and equipment.&nbsp; Budha’s first win came in December 2021, when she won the Doi Inthanon UTMB &nbsp;in Thailand, finishing ahead of other renowned Nepali female trail runner <a href="https://nepalitimes.com/here-now/mira-rai-racing-to-help-other-runners">Mira Rai</a>. Read also: <a href="https://nepalitimes.com/here-now/mira-rai-racing-to-help-other-runners">Celebrating the Himalayan Outdoors</a> Sunmaya has since left the team and signed with Kailas, a Chinese company that produces climbing and trail running gear. “Sponsorship is vital because it is enough for me to live, eat and train. And I can get all the equipment, shoes, clothes that I need from them, as long as I only wear their clothes during races” says Budha. In Hong Kong, Budha heard about Andy DuBois, an Australian trail running coach that she wanted to work with. She messaged him on Facebook, and after DuBois grilled her meticulously about her previous training, nutrition, and coaching, took her on. DuBois is still Budha’s coach, and meets with her once a week online to check in and give weekly training plans for times and distances to run.&nbsp; Read also:<a href="https://nepalitimes.com/here-now/trail-running-trail-blazer"> Trail-running trail blazer</a>, Sanghamitra Subba “Three days a week I do speed work and two days I run uphills. On Wednesdays I do a long run, and one day a week I’m at the track doing many sets of 200s, 400s, 800s,” details Budha. “Full body strength training is very important for athletes too, I hit the weights about four times a week.” Sunmaya currently lives a nomadic running lifestyle, living and training wherever the next race is, although she is often in Kathmandu or Hong Kong. She stresses the importance of being flexible and mobile, as trail running can lead to a stiff, locked up, injured athlete very easily because of the amount of stress on the body, especially on a downhill. “Every trail runner is a serial ankle sprainer,” says Budha, who loves yoga and follows the Olympics avidly. She keeps her diet organic, avoiding ‘bazar’ foods. Read also: <a href="https://nepalitimes.com/news/struggles-successes-of-south-asian-women-athletes">Struggles, successes of South Asian women athletes</a> The International Trail Running Association (ITRA) recently released a statement with a commitment to making trail running a part of the Brisbane Olympics and Paralympics in 2032. There is a chance that Budha will get to participate in<a href="https://nepalitimes.com/here-now/how-to-win-nepal-s-first-olympic-medal"> future Olympics</a>.&nbsp; What Budha likes most about trail running is that it puts her in nature, where the focus is always on how the route will change next, allowing her to remain completely in the present. She likes Europe the best. “The landscape there seems like it was built for trail running,” she says.&nbsp; Budha was also impressed by the development of the sport when she raced in China. She contrasts that with Nepal where she says the few races we have are not promoted well.&nbsp; “Nepalis just don’t want to pay to run in a race,” she adds. Budha is not very optimistic, nor does she expect support from her government. She says, “Of course it would be nice to have them care, but at the end of the day what can I tell them? You have to take control of your own life.”&nbsp;

Vishad Raj Onta

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Run, Sunmaya, run

In 2016, the Generation Amazing Foundation, which aims to improve the lives of a million people from disadvantaged communities globally through access to sport, built a new football pitch in Pokhara. In coordination with the local Adarsha Youth Club (AYC) young enthusiasts got to play football for the first time in their lives, attend training sessions and compete in mini-tournaments. They also got sports equipment including balls, gloves, and jerseys, and conducted training sessions.&nbsp; The facility included a small futsal area, separate changing rooms for boys and girls, and a stand for spectators. Similar pitches were built in Makwanpur and Kailali as well. Read also: <a href="https://www.nepalitimes.com/multimedia/food-vs-football">Food vs football</a>, Swapnil KC  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230623130628_78c22eb438612d072c3d08b96e56e4df7d4f14930021a5ed666318be9d0fc847.jpg" data-media-id="editor_1" data-image-id="20230623130628_78c22eb438612d072c3d08b96e56e4df7d4f14930021a5ed666318be9d0fc847" data-rendition-name="original" width="480" height="640" loading="lazy" alt="Scoring a better future for Nepal's soccer girls NT"> <figcaption>A player from Kaski's Siddhivinayak Boarding School receives a football trophy.</figcaption> </figure>  The Generation Amazing (GA) project by 2022 World Cup hosts Qatar provides young Nepali girls access to football was halted due to cost issues is being re-launched in Kaski.&nbsp; "Our club has been in touch with schoolgirls who were trained under the GA football pitch program,” says Padam Gurung of the AYC. “They are now interested in getting more training. I want to make sure that we will continue the girls’football training in the coming days.” Even while young Nepali women and girls have traditionally faced barriers to taking part in sports, female athletes, in particular female footballers, have made notable achievements on the national and regional stages.&nbsp; Read also:<a href="https://www.nepalitimes.com/news/football-for-a-better-world"> Football for a better world</a>  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230623130636_9c59dd20d6c397c6b1e7e1a654f28a927db64e5cb28c03785a23260d07629538.jpg" data-media-id="editor_3" data-image-id="20230623130636_9c59dd20d6c397c6b1e7e1a654f28a927db64e5cb28c03785a23260d07629538" data-rendition-name="original" width="640" height="427" loading="lazy" alt="Scoring a better future for Nepal's soccer girls NT"> <figcaption>Training session at the footbal pitch built by Generation Amazing in Pokhara.</figcaption> </figure>  The Nepal Women’s football team made it to the finals of SAFF in 2010, 2012, 2014, 2019 and 2022. It also made it to the finals of the South Asian Games, and the team has moved up 22 places in the FIFA ranking since 2010. Kathmandu’s Dasarath Stadium was filled to capacity during the 2022 SAFF Women's Championship final between Nepal and Bangladesh. As it stands, the local community has welcomed the opportunity for girls in the area to be able to play football in Pokhara once again. One of them is Ajit Ojha, a former youth ambassador and computer teacher, who got involved with the AYC and Generation Amazing during a Disaster Risk Reduction training following the 2015 Nepal earthquake. Ojha was part of the project for two years from 2018-2019 and also introduced a program for the local deaf school so the pupils would be able to play football as well. In 2019, he went to Qatar as part of a delegation of Nepali ambassadors to attend the Generation Amazing festival. His sister Smriti also took part in the training.&nbsp; “Football training must have female players, and my sister took part. The girls from the city started playing football for the first time,” says Ojha. “I want to see the ground full of children, with girls from the communities." Read also: <a href="https://www.nepalitimes.com/banner/migrating-to-play-football">Migrating to play football</a>  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230623130636_1b190654e06faecc3efeb2ca6efdef03bc45c27686ed1d19895986ae0abf0ad5.jpg" data-media-id="editor_5" data-image-id="20230623130636_1b190654e06faecc3efeb2ca6efdef03bc45c27686ed1d19895986ae0abf0ad5" data-rendition-name="original" width="640" height="360" loading="lazy" alt="Scoring a better future for Nepal's soccer girls NT"> <figcaption>Ajit Ojha with Generation Amazing players.</figcaption> </figure>  Ojha is particularly proud of how the training programmes and the competitions that gave locals a chance to be involved in football have brought discipline to his friends’ lives and changed them for the better.&nbsp; “At the time my friends were badly affected by smoking and alcoholism, but those small tournaments made them trust sport. The training kept them away from the alcohol and the cigarettes,” he explains. “They attended regular training sessions, played lots of tournaments and even won some.” Ojha is delighted by the club’s decision to let girls back in to use the facilities at Bhandardhik. He says, "I can truly say whenever I see a jersey with GA’s name printed on it, I can feel the change it has brought. It has been emotional for the youth in my community.” Read also: <a href="https://www.nepalitimes.com/here-now/female-foeticide-to-football">Female foeticide to football</a>, Srijana Singh Thakuri Anthony Harwood is a former foreign editor of the Daily Mail.

Scoring a better future for Nepal's soccer girls

<img width="1614" height="874" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110151120/636d08a59c7e80680e0a602cjpeg.jpg" alt=""/>With the Tokyo Olympics underway and Indian women winning medals, South Asia’s female athletes have been talking about the struggles they face at home and in society to take up sports as a profession.From Afghanistan to Nepal and Sri Lanka, women athletes in a webinar this week shared experiences of harassment, discouragement and lack of support, as well as inspiring stories of solidarity and success.“War has taken away everything from us,” said Khalida Popal, former captain of the Afghanistan Women’s National Football Team. “Someone had to take a step. I was harassed, criticised and attacked but didn’t give up. My fight was not just for myself. It was for my sisters and for all other women in my country.”The interaction of South Asian athletes ‘Women in Sports: Challenges and Wins’ was organised by the <a href="https://southasiapeace.com/" target="_blank" rel="noopener noreferrer">South Asia Peace Action Network (Sapan)</a> and South Asia Women in Media (SAWM) on 25 July and came up with ideas for collaboration, including a book project and an association of South Asian women athletes. “South Asia is like our home,” Popal said. “Our pain is the same. What is missing is unity.” <figure><img width="652" height="516" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110151120/636d08a89c7e80680e0a602djpeg.jpg" alt=""><figcaption>Khalida Popal, former captain of the Afghanistan Women’s National Football Team.</figcaption></figure>Payoshni Mitra, a prominent activist advocating athletes’ rights and director of the Geneva-based Centre for Sport and Human Rights athletes, anchored the discussion and said that in a region where even access to education can be a challenge for girls, training for sports is even harder.Squash champion Noorena Shams, the first-ever international female athlete from Pakistan’s north-western region grew up in a conflict zone. “I can still hear the bombs,” she said, “I expected to die at any moment, and never thought I would play squash, especially at this level. I used to disguise myself as a boy to play cricket in Peshawar.”Shams adds that it is not about the trophy, or who wins medals. “We have to do it together, be there for each other,” she said.Bangladeshi basketball player Ashreen Mridha said that the responsibility for getting girls into sports was not with just the federations and sports bodies but also with friends, families, uncles, aunts and brothers, who all need to step up. “Gender inequality is not just a women’s problem to solve,” she said.The captain of Bangladesh’s cricket team, Ruhmana Ahmed, said female athletes faced greater challenges in fund-raising. Sana Mir, former captain of the Pakistan women’s cricket team, agreed:“Women must prove themselves in order to get funds, while men are financially supported even if they don’t win.” Even when women athletes outperform men in terms of medals, as in India, they still don’t get the same share of the limelight or funding. Participants also spoke about the importance of breaking gender stereotypes. Olympian swimmer Nisha Millet from India, her little twin daughters by her side during the webinar, urged women to get back into the game even after leaving competitive sport to contribute to raising the next generation of sportswomen through coaching, mentoring and promoting.Other athletes who spoke at the event included Ayesha Mansukhani, athlete and sports investor, from India, Caryll Tozer, activist and former netball player from Sri Lanka, Bangladeshi cricketer Champa Chakma, Mabia Akhter Shimanto, an award-winning weight-lifting champion from Bangladesh, Indian coach and cricketer Roopa Nagraj, and Preety Baral a national tennis player from Nepal.Besides the issues of leadership, funding, discrimination and fighting stereotypes common to women athletes around the region, there were concerns about the objectification of women and sexual harassment, which deserve more attention.Differently-abled athletes face an even more difficult struggle. “No one wanted to sponsor a blind runner,” said partially blind athlete Gulshan Naaz from the Indian state of Uttar Pradesh.Participants at the webinar proposed working on a book project as well as setting up a South Asian women athletes’ association to promote female athletes in the region.<a href="http://www.southasiapeace.com/" target="_blank" rel="noopener noreferrer">SouthAsiaPeace</a>

Struggles, successes of South Asian women athletes

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