<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161124/636d17f49c7e80680e0ac796jpeg.jpg" alt="" width="768" height="967"/><figcaption>Meditation, Poster Color, 74 x 58 cm, MoNA Collection</figcaption></figure>In a society where we spiritualise the tangible through our imagination and creativity, we also turn into tangible art forms our spiritual experiences.Traditional devotional art uses various imaginative forms to represent a thought or emotion: compassion, impermanence, detachment. To this day we echo the artists who thousands of years ago translated mudra, objects, and nature into iconography.The very form of everyday devotion and ritual in our culture and religion is an abstraction of our imagination for practical, tangible, and visual purposes – most vividly in stones and rocks.For example, an oval rock, when powdered with red tika, turns into a Ganesh. An oblong stone becomes a Shiva linga just by having milk sprinkled on it. Any roadside rock when smeared with vermillion and covered in flowers is revered as a deity. We dare not pass these totems without bowing our heads as a manifesstation of unshakeable faith.This is because in those objects we see what is not there, and interpret it according to what we want, imagine, and believe.Abstract art, on the other hand, is a purposeful collision of an artist’s conscious and subconsious minds to give instinctual expression. The subconscious mind is best understood as a recollection of actions and experiences, which the contemporary abstract artist piques when crafting and contemplating a masterpiece.<a href="https://www.nepalitimes.com/opinion/jeevan-rajopadhyays-untitled/" target="_blank" rel="noopener noreferrer">Jeevan Rajopadhyay’s Untitled</a>, Rajan ShakyaSuch is the case of Uttam Nepali’s I.M.A.G.I.N.A.T.I.O.N. which brings out untainted, unbiased, and unsolicited inquisitiveness in all of us. Staring in-depth into this painting screams out the purity of childlike innocence. The conscious and the subconscious instincts are unleashed, evoking a time when right and wrong were not determined by rigid rules, but through love and affection.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161124/636d17f79c7e80680e0ac797jpeg.jpg" alt="" width="960" height="1200"><figcaption> </figcaption></figure>Uttam Nepali merged art and poetry into a kind of original expressionism not seen before in Nepal. The artist died on 21 July 2021 in a Kathmandu hospital aged 84, and as a tribute the <a href="https://www.nepalitimes.com/banner/nepals-first-private-art-museum/" target="_blank" rel="noopener noreferrer">Museum of Nepali Art (MoNA)</a> in Thamel organised an individual and group viewing of his painting  I.M.A.G.I.N.A.T.I.O.N.This is what we saw and what we felt, how this work by Uttam Nepali moved, and moved us. We were very lucky to have met and interviewed the artist about this particular work before he passed away.The acquisition of I.M.A.G.I.N.A.T.I.O.N. came out of a necessity. I did not even look at the painting and I did not ask for its price. I had been looking to acquire one of Uttam Nepali’s pieces for a long time.The only thing I knew was that I wanted his work in MoNA because a museum dedicated to Nepali artists would not be complete without Uttam Nepali in it.The painting hung in my office wall for at least six months, and it was amazing to observe how a painting of this calibre speaks differently from different perspectives and temperaments. After all, moods and emotions dictate the emergence of different shapes and colours as a form of artistic expression.Some days the red seemed prominent, other days it was the blue that provoked, and strokes of white suddenly made sense. When I am alone, I see something but when looking at the painting in a group, something else emerges. It feels like a different painting every time you look at it. What an investment!Eventually, the painting becomes a part of the viewer's personality, and adds to it. How you explain this artwork to others hints at your own depth of understanding and place in the world.I met Uttam Nepali only a month before he passed away, and at that time I.M.A.G.I.N.A.T.I.O.N. communicated with me in an entirely new way. Here was a man who had devoted his entire life to art and Nepal's art community. His studio stacks over 300 of his paintings. Some of the artwork is as personal as his representation of his grandchildren in the womb.<a href="https://www.nepalitimes.com/opinion/n-a-r-i-by-mukti-singh-thapa/">N A R Ì by Mukti Singh Thapa</a>, Rajan SakyaUttam Nepali rarely sold his art. Instead, he presented them to people he met and who showed interest in his work. I was trying to persuade his family to allow us to hold a solo exhibition at MoNA of his incomparable contribution to the contemporary art of Nepal.We had only given a day’s notice before visiting Uttam Nepali at his home. As we sat down, his son Udhyam told us how his father had become rather forgetful after a surgery five years ago. He was on oxygen support most of the time, and his memory was deteriorating day by day.But when we showed him his painting that we were acquiring, there was a sudden sparkle in his eyes. He sat up and spoke nonstop for 20 minutes about when he made it, why he made it, and what feeling he had at the time. This is what he said:“When everyone comes to a state of quietness and calm, every person shares a similar kind of impression and expression. However, they have different façades. The temptations on their faces are different. Their attitudes differ as well. Nevertheless, the emotions that they portray may be the same ... in the sense that everyone looking at the same painting will be observing the same feelings. The closeness of the visitor’s expression and emotions with what is depicted in the painting will be unavoidable after a certain time.”He added, “Abstract art depicts something that is expressed without saying a word. It shows what is hidden. It is simultaneously easy and hard to understand. Hence, the power of impression and expression is like walking upon a dark alley without the light and discovering its rare and unique idiosyncrasy. It will have the verity of essence.”MoNA manager Jenisha Maharjan is also moved by what the painting depicts, and the emotions it evokes in her. “At first glance, one can see half a face with its eyes closed,” she says. “They express serenity and tranquillity as the subject is in a deep state of meditation. Then upon deeper reflection, the face looks like the meditating Buddha.”“The other half of the face has a darker coat. We also see brush strokes in the middle of the canvas with a red rectangular shape towards the edges, resembling a thumb with the nail painted red, maybe a woman’s hand. Could this be a modern depiction of Buddha Maar?”<a href="https://www.nepalitimes.com/opinion/lain-singh-bangdels-sigh/" target="_blank" rel="noopener noreferrer">Lain Singh Bangdel’s ‘Sigh’</a>, Rajan SakyaMaharjan says the grip looks very powerful, yet, surprisingly, the face remains calm, peaceful, and unbothered. “A little too dramatic and explosive use of colours,” she says, “yet amazing how even closed eyes can be so expressive.”Ursula Manandhar is head of research at MoNA and says I.M.A.G.I.N.A.T.I.O.N. may actually represent what concentration, or trying to concentrate, may look like. It feels as if a person is struggling, or fighting their inner demons with brighter and more positive thoughts.“The power of our mind and its capacity for imagination is so vast that it could be a joyous journey across, or overwhelming. Sometimes darkness overshadows the mind and at other times a bright light dispels the darkness,” Ursula Manandhar says. “The curiosity for abstract art starts in us before we even know how to speak or write. As toddlers we looked into the sky and interpreted the formation of clouds as we wanted and felt.”But as we grow older our unique creativity is eclipsed by other people’s perceptions, and what is brought in front of us. Individual creativity has been blighted by the transient mass-market visualisations and the decadence of modern-day superficiality.Rajan Sakya is the founder of the <a href="https://www.mona.com.np/" target="_blank" rel="noopener noreferrer">Museum of Nepali Art</a> at Kathmandu Guest House, Thamel and contributes this monthly column For Art's Sake in Nepali Times.  Turkish Airlines has partnered with Museum of Arts Nepal (MoNA) to bring 33 Nepali artists together for a day-long live art congregation at Kathmandu Guest House, Thamel from 7-9 October. Visitors also have the chance to win a trip to Europe via lucky draw.

Rajan Sakya

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I.M.A.G.I.N.A.T.I.O.N by Uttam Nepali

<figure><img width="1500" height="1000" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101136/636b75179c7e80680e0623cfjpeg.jpg" alt=""/><figcaption>Photos: RATO BANGALA KITAB</figcaption></figure>Instilling a habit of reading in children supplements what they learn in school, but reading aloud to children by parents, teachers or even other children, is a way for them and adults to bond and to share experiences of wonder, joy, and discovery.When children are able to turn the pages of a book but not yet to read words, they often tell stories from memory or make them up as they go along. These are all essential steps in the inculcation of a reading habit. Following words on the page as a parent reads aloud helps children to understand the connectedness of the spoken and written word.Reading aloud to and with children has benefits far beyond the development of language and literacy skills. A study in the journal Pediatrics found that shared reading and play between parents and children has long-lasting impact on the children’s social and emotional development, helping to curb hyperactivity, aggression, and difficulty with attention. READ ALSO:<a href="https://www.nepalitimes.com/?p=40917&amp;preview_nonce=eff7cfab97&amp;preview=true" target="_blank" rel="noopener"> This author is an alien</a>, Sanghamitra SubbaThere is in fact a performance gap in school between children who are readers and those who are not. Children who have books in their lives from before formal schooling have better vocabulary, comprehension, and communication skills, and these set them up for success in school, says early childhood development expert Meenakshi Dahal.“Parents who do not speak to their children in proper sentences hinder their child’s verbal fluency, communication skills and even reading skills,” says Dahal. “The lack of proper communication hinders a child’s reading ability and the lack of reading ability hinders the development of communication skills.”A recent campaign by children’s publisher Rato Bangala Kitab (#ReadAloudwithRBK) encourages parents to post videos on social media platforms reading aloud to children. Says Monita Gurung of RBK: “We wanted reading to be a part of the family’s daily life and reading aloud is an easy and fun way to do that. The new generation of parents is aware of the benefits of reading to children, and the culture of reading is picking up.”Read also: <a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/bal-sahitya-mahotsav-children-literature-festival,2034" target="_blank" rel="noopener">Children’s literature</a>, Stéphane HuëtPedagogues say there is a clear correlation between children’s reading habits and their performance in school. And the benefits to learning go beyond that.  Reading helps children develop a love for literature, which results in the child becoming a reader. <img width="1000" height="761" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101136/636b751a9c7e80680e0623d0jpeg.jpg" alt="">“A good reader becomes a good writer and a person who can think deeply and see different perspectives. The child develops empathy and a stronger understanding of the world and becomes a life-long learner,” says Milan Dixit, principal of Rato Bangala School. Children’s publishers have been publishing more books in Nepali so that there is more available for children and parents to read. Illustrated children’s books like Didiko Scooty by Diwakar Chhetri have been very popular, and RBK is releasing its first colourful board books for very small children that cantake rough handling at the Bal Sahitya Mahotsav on Saturday.Read also: <a href="https://www.nepalitimes.com/opinion/read-and-let-read/">Read and let read</a>, Anil ChitrakarRead More Nepal’s Kartikeya Ghimire says reading aloud to children not only arouses interest in books and language, but is an interactive experience. He adds: “Through reading, parents can also impart values like compassion and empathy.”As popular children’s author Bruce Coville says, (see box, and overleaf) there are no negatives to reading aloud to children. There are only positives. <h2>Why read to children?</h2> Kids, especially around the ages of three and four, have a sponge-brain for language. They will take as much as you can give them and if you starve them of reading aloud, you starve them of words that they need for the future. The way we impact the world as adults is mostly through words, whether spoken or written. If we do not have a mastery of language it will be much harder for us to convince and persuade and thereby change the world around us.So you need to pour words into a child’s brain. Rich and creamy language. It needs to start early on. They need to hear their parent’s voices. It is also a great bonding experience for the parent and child, and sometimes a child will want to read the same book again and again and again. The fate of anybody who writes a well-written picture book is that parents will have read it 75 times a week.As children grow older they are hungry for your time and attention. Reading to them is a great way to give them that, and it gives them confidence in school with their own language. There are no negatives about reading aloud to children, only positives.And stories teach ethics, morals, behaviour, and decision-making. Reading aloud shows children that you also value reading and value literature. If a child never sees you reading then they will never take it up themselves or see the importance of it.Bruce Coville

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The power of reading aloud

https://youtu.be/oE6519sUXdEInspired by Dr Suess, The Mushroom Planet series, Dr Doolittle, C S Lewis, Tolkien, myths, legends, science fiction and fantasy at a young age, American author Bruce Coville writes stories about futuristic gizmos -- quirky, fantastical and bizarre stories that are a favourite with children all over the world.But not all his imaginary gadgets stay imaginary: he predicted the invention of smartphones and voice-recognition translators 20 years ago. In his My Teacher is an Alien series published in 1989, characters use a device called the URAT (Universal Reader and Translator), a powerful pocket computer that seems to belong to our world today. Nowadays, Coville writes about brain-zapping intelligence boosters and machine-based telepathy, which we may also see become reality in future. Coville’s The Unicorn Chronicles series, Rod Albright Alien Adventures, The Magic Shop series and other playfully-titled books show that the 69-year-old author has a child’s wide imagination, and an understanding of the way young minds work.  Read also:<a href="https://www.nepalitimes.com/?p=40903&amp;preview_nonce=c5da4b0867&amp;preview=true" target="_blank" rel="noopener"> The power of reading aloud</a>, Sanghamitra SubbaCoville is in Kathmandu for the Bal Sahitya Mahotsav children’s book festival on Saturday at Rato Bangala School and will be doing readings from his books there and in other schools.One day when Coville was six in cow country in upstate New York, his father, a travelling salesman, pulled out Victor Appleton’s Tom Swift in the City of Gold.“It was a big, ugly book, and he put me on his lap and started reading aloud,” recalls Coville. “We read night after night and went on a journey together. In those times, for boys you almost needed permission from an adult male to read and I became a reader because of the model my father was.” <figure><img width="1500" height="1000" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101136/636b751c9c7e80680e0623d1jpeg.jpg" alt=""/><figcaption>Photo: MONIKA DEUPALA</figcaption></figure>It was in Grade 6 that Coville realised he wanted to be a writer, among the multitude of other things that a child dreams of doing. His teacher encouraged him to do a long-term short-story project where he had the freedom to write whatever he wanted to, and the young Coville had produced an Aesop-esque version of Sheila Burnford’s Incredible Journey.As an adult, Coville took many jobs as he got his start in writing. He has worked as a toymaker, cookware salesman, assembly line worker and even as a gravedigger, but the biggest influence on his work and approach to children has been his time as an elementary school teacher. (Although in The Ghost Wore Gray his gravedigging knowledge did come in handy.) <img width="800" height="309" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101136/636b75209c7e80680e0623d2jpeg.jpg" alt="">Now a best-selling author, Coville is also a performer who puts on storytelling concerts and performs plays, narrations, audiobook recordings and read-alouds.“Reading aloud is a great passion of mine,” says Coville. “I read aloud to my children till they were 16 and now I read aloud to my two-year-old granddaughter every night.”Reading to children has also helped him understand what children enjoy most. “I start my stories off in wacky ways because I want to get the gift of their attention,” explains Coville. “Only after they know I am on their side will they enjoy my books and continue to read them, even when I take years to complete a series.”Fans of The Unicorn Chronicles were in elementary school when the first books came out in 1994. It was only hundreds of cranky fan mails and 16 years later that the final book in the series was published. Many of his fans, some of them in Nepal, are now in their late 30s.After four decades and 105 books, however, Coville wants to do something different. His possible next project? Making children’s literature safe for farts -- an outlet for his fairly rowdy sense of humour and a homage to a bodily function children everywhere find hilarious.

This author is an alien

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