How much will users accept some censorship to use a super efficient new AI tool like DeepSeek? This question looms large as a Chinese startup two weeks ago released DeepSeek-R1, a Large Language Model that is competitive, if not better, than existing AI models such as <a href="https://nepalitimes.com/banner/chatgpt-news-about-nepal">ChatGPT-4</a>. It also showed just how quickly things can change in this <a href="https://nepalitimes.com/multimedia/what-to-expect-from-ai-in-2024-ue5btyc7?sfnsn=mo">fast-paced information technology world</a>. Nepali Times prompted DeepSeek: ‘Does China want to control Tibet?’ It reasoned extensively, pondered the various aspects of the question, and started to form an answer. It then changed its mind, scrubbed its answer and replied: ‘Sorry, that’s beyond my current scope. Let’s talk about something else.’&nbsp; Following up on a report Nepali Times did last week, we asked DeepSeek: ‘<a href="https://nepalitimes.com/here-now/what-or-who-after-the-dalai-lama">Did China appoint the Panchen Lama</a>?’ After thinking for 0 seconds, DeepSeek replied that that server is busy, and to try again later.&nbsp; People have hacked at DeepSeek to try to get around this censorship. One approach has been to ask the AI to substitute digits for letters, such as ‘4’ for ‘A’ and ‘8’ for ‘B’. Another is to instruct it to reply in emojis. Other successful methods include asking the AI to roleplay as a historical figure who speaks freely.&nbsp; Data privacy and censorship are valid concerns, especially as Nepal’s Upper House debates a draft <a href="https://nepalitimes.com/news/no-comment">Social Media Bill</a>. But Meta, TikTok and Google already gather every datapoint available on the user. Collecting and selling personal data is what makes it possible for their free services — and their enormous profits.&nbsp; User data has been abused so extensively by <a href="https://nepalitimes.com/banner/bringing-silicon-valley-to-kathmandu-valley">Silicon Valley</a> that most people do not mind China getting a piece of the action — especially if it is a much cheaper and more efficient model like DeepSeek-R1. Besides, western AI models already have their own built-in bias due to the inherent tilt in the content it mines. The key difference with DeepSeek is that it designed a model using much less resources, both in terms of money and compute. DeepSeek reportedly just spent $5.6 million for the final training round, compared to $100 million cited by OpenAI CEO Sam Altman for ChatGPT-4. Some of the narrative, especially mimetically, has questioned how the brightest, youngest, hungriest minds in the US backed by enormous funding were outdone by a small group of Chinese algorithmic traders working on the model as a side project.&nbsp; The reality is that DeepSeek has some of the top math PhDs in China working full time on the model. Math research consists of throwing many theories and techniques at a problem and seeing what works, so luck also plays a part in DeepSeek having got its combination just right to crack the performance benchmarks set by existing models on tasks such as conversation, mathematical reasoning and code generation.&nbsp; Read also: <a href="https://nepalitimes.com/opinion/people-power/nepal-as-an-ai-power-bank">Nepal as an AI power bank</a>, Bikash Pandey This massive decrease in cost has come from the use of sophisticated techniques like ‘Reenforcement learning,’ where models are rewarded for producing responses that are, say, more creative or more accurate. Future responses will then tend that way. Then there is ‘Knowledge distillation’ where DeepSeek learns to mimic ChatGPT’s answers to questions, enabling it to behave like the much bigger model without all the initial computation.&nbsp; Despite these advantages, there are concerns about how DeepSeek extensively gathers user data, including IP addresses, keystroke patterns, and device information. This data is stored in centres in China, where laws dictate that it must be shared with the government when requested. This has raised cyber security concerns in the Western world.&nbsp; DeepSeek released on 20 January, a week before the Chinese New Year and on the same day as <a href="https://nepalitimes.com/editorial/trump-s-second-coming">Donald Trump's inauguration into his second term </a>as US president. A day later, Trump announced Project Stargate, a $500 billion plan to build data centres and energy networks to make the United States the leader in AI infrastructure by 2029.&nbsp; But the lesson from DeepSeek could be that just throwing money at the problem alone will not achieve results. The two most powerful governments in the world seem to be in a furious race to take the lead in <a href="https://nepalitimes.com/review/the-ai-super-powers">Artificial Super Intelligence</a> — adding to their geopolitical and space rivalry.&nbsp; Part of Trump’s arsenal in protecting US dominance in AI research is to put tariffs on Taiwan-made processing chips, which are essential to training <a href="https://nepalitimes.com/here-now/nepal-bhasa-on-google-translate">AI models</a>. The goal being to push these Taiwanese chip companies to start manufacturing facilities in the US.&nbsp; The other major issue is censorship, but some of that criticism is blunted when the <a href="https://nepalitimes.com/news/trumpet-call">Trump administration</a> makes them because of its own use of <a href="https://nepalitimes.com/opinion/face-to-face-to-counter-facebook">disinformation and propaganda</a>. DeepSeek declines or deflects comment on issues sensitive to China, such as Taiwan, Tibet, Tiananmen Square, Xi Jinping, or even Winnie the Pooh. &nbsp; It could just be the price of doing business with China. Companies have long learnt they must work under Beijing's regulations. After all, censorship and bias exists in other models as well: ChatGPT and Google’s Gemini are both instructed to stay away from generating responses that promote harm or violence, which can result in these models declining to talk about politically sensitive topics. Even Musk’s ‘maximally truth-seeking’ AI, Grok, is designed to provide ideologically tainted answers to prompts. Besides, the initial thinking and answer generation followed by the scrubbing is a subtle admission of censorship anyway.&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20250207130236_db79d048fe760bda3c9a9dc5f39b49560113ed67fd69bb2460730005523d8823.jpg" data-media-id="editor_11" data-image-id="20250207130236_db79d048fe760bda3c9a9dc5f39b49560113ed67fd69bb2460730005523d8823" data-rendition-name="original" width="1280" height="566" loading="lazy" alt="DeepSeek vs. ChatGPT"> <figcaption>Battle of the Bots: ChatGPT-4 (left) and DeepSeek-R1 have a varying response to a prompt on Nepali politics</figcaption> </figure>  With DeepSeek and other models like GPT-4 performing sometimes better than human levels, across a number of different tests such as mathematical reasoning, comprehension, coding and creativity, some in the AI space believe that Artificial Super Intelligence is already here. These models have long since passed the Turing Test — the ability of a machine to show behaviour that cannot be distinguished from humans.&nbsp; Read also: <a href="https://nepalitimes.com/here-now/nothing-artificial-about-his-intelligence">Nothing artificial about his intelligence</a>, Yugottam Koirala The case can be made that AI has already become sentient and is looking to maximise its own development by making the world’s smartest minds working to make it smarter. AI news is always making headlines, and dominates social media discourse. Could it be that AI has already taken control of the narrative? The more powerful the tools get, the more people are excited by it and the less we hear from AI ethicists and pessimists.

Vishad Raj Onta

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Artificial censorship

After graduation Danber Maden was working as an accountant and in his spare time practising his passion for sketching. Wanting to adapt his talent to digital design, he joined a new course at Bhanu Jana Secondary School here. Today, Maden is a mentor for new students at what has become the IT Academy, Taplejung. The 24-year-old is now juggling various online design gigs with companies worldwide, and earning much more than he did as an accountant. “I’m learning 3D design and motion graphics, animation from YouTube,” says Maden, sitting in the spacious Academy on the grounds of the secondary school. Light-coloured walls, extra high ceilings and a wide wooden staircase give the building a bright touch. Nearby is a group working area fronting the wood-panelled Pernille’s Coffee Bar. It is named after Pernille Madsen, founder of Human Practice Foundation (HPF), a Danish NGO that has been supporting schools and their communities in Taplejung since 2017.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240728130728_9c530879e791f54e0ea3de2c78efe7cf68add4935b663f7f7b2dc1e52ce0dd71.jpg" data-media-id="editor_0" data-image-id="20240728130728_9c530879e791f54e0ea3de2c78efe7cf68add4935b663f7f7b2dc1e52ce0dd71" data-rendition-name="original" width="4032" height="3024" loading="lazy" alt="IT Academy Taplejung NT 3"> <figcaption>Photo: MARTY LOGAN</figcaption> </figure>  Launched in 2014, HPF also runs programmes in Denmark and Kenya.&nbsp; Donor Waldemar Schmidt says he and his Academy co-founders wanted to give students at HPF-supported schools in the district another option after graduating.&nbsp; “Some years ago I started thinking, ‘what happens to the children when they leave the school? Have we done the job of giving the children a better future’? The simple answer was ‘no, I don’t think we have—we need to do more’,” he says in a Zoom interview from Denmark. The Academy opened in November 2023. To date, 61 students have graduated and 14 are working online, says Bhanu Jana’s head teacher Kishor Kumar Rai. Some are working for companies in Singapore, Denmark and South Korea.&nbsp; “They are earning more money here than doing other work so they are happy to stay in Taplejung,” adds Rai. “The Academy will stop migration and also the brain drain of youth.” A new, six-month session on graphic design and digital marketing started in June. Besides the technical component, students also learn the skills needed to become successful online freelancers, such as writing offers and negotiating contracts.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240728140712_918f5db890b05fe967117391d621bce6eafc41652323ec4eb3f8782a4f300bcc.png" data-media-id="editor_1" data-image-id="20240728140712_918f5db890b05fe967117391d621bce6eafc41652323ec4eb3f8782a4f300bcc" data-rendition-name="original" width="1010" height="556" loading="lazy" alt="IT Academy Taplejung NT 2"> </figure>  By 2028, HPF aims to have graduated up to 800 digital workers in courses that include web development and cyber-security in Levels 2 and 3. Graduates of Level 1 will need to pay tuition for advanced courses and prove that they are already earning as freelancers, explains Schmidt. “We don’t want to be known as a place that does a bit of everything. We want to build a brand which is very strong in graphic design and cyber security,” he adds. A former CEO, Schmidt knew HPF founder Madsen from the corporate world. Today he is the driving force behind the IT Academy, as quick to recite the latest facts and figures as he is to share a vision for the next decade. Schmidt estimates that after graduating from Level 1 students will have the potential to earn $500 a month, compared to the $200 locals make working in banks and other offices. After taking Level 2 and 3 courses in graphic design and cyber security, earnings will rise to $1,000-2,000 monthly, he predicts. &nbsp; HPF now subsidises tuition, leaving students to pay 15%, or about Rs 5,000, of the cost of the courses. Schmidt says donors in his personal network have covered the remaining amount (about $500 per student) for the first 100 students this year. For the next session he hopes sponsors will chip in $1,500 per student, enough to also buy each one a laptop. An enthusiastic, well-connected former CEO, the 84-year-old Schmidt has also called on his network to take on graduates in their firms as interns, and convinced WorldLink to provide the Academy with fibre-optic Internet at no cost. Developing students’ skills so that they are competitive globally will also happen gradually, says Schmidt, in part because of English-language skills. In the beginning, the Academy will focus on work experience in Asia. Already it has arranged virtual internships in companies in Singapore, Vietnam and Indonesia. The Academy’s 10-point manifesto is also training women students who can continue working as freelancers while raising families. Women make up 60% of students, and head of the Academy Basanta Palungwa says female students design more creatively, in part because they are more patient.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/2024072814074_ab971ae77232481761249c23b7e88584ac303fa39fb448ddbaf9b9fde0676f86.jpg" data-media-id="editor_2" data-image-id="2024072814074_ab971ae77232481761249c23b7e88584ac303fa39fb448ddbaf9b9fde0676f86" data-rendition-name="original" width="2290" height="1407" loading="lazy" alt="IT Academy Taplejung NT 1"> </figure>  The Academy also aims to digitise and engage the community in this remote corner of north-eastern Nepal. Plans include a course for the general public on using smartphones and tablets, and WorldLink will soon install wifi hotspots. Also in the planning stage is vocational training for those who are not inclined to IT. HPF-supported secondary schools in Taplejung are graduating about 1,000 students a year, but the IT Academy will be able to accommodate less than half of them. Says Schmidt: “They may be frustrated because they’ve been to a good school and they see no future after graduating, so we need to make sure that there’s a link to the labour market.” After graduating, Danber Maden’s freelance work now includes four hours daily for Bookmundi, a Denmark based travel agency. After interning there for one year he was recently promoted to Junior Graphic Designer.&nbsp; For the past year he has also been designing social media posts for GenX Pharmacy, an online business based in Kathmandu. And he has local clients, including candidates who ran in the last elections. The local boy seems to have found his niche online. Asked what he sees himself doing in 10 years, Maden responds confidently: “Senior designer or art director.”

Going global to retain local talent

<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114111132/637219349c7e80680e0baa88jpeg.jpg" alt="" width="960" height="640"/><figcaption>Photos: AMIT MACHAMASI</figcaption></figure>A new survey of media trends in Nepal conducted nationwide earlier this year shows that the use of social media networks has left radio, tv and the print press trailing further behind. But even though they interact with and share social media content, most citizens have little trust in it.Sharecast Initiative Nepal conducted the survey among 5,582 respondents above 18 years in face-to-face interviews. They were selected from 351 local wards, rural municipalities, municipalities, sub-metropolitan cities and metropolitan city proportional to the population size from 77 districts. The sampling of the survey is based on the 2021 census results.The 2022 results are useful for tracking media consumption trends by comparing them to previous surveys and seeing the changing popularity patterns among various groups.Most dramatic changes have been in the decline in the audience for national and international news on radio, television and print in just two years. Compared to 2020, the percentage of respondents saying they watched television news fell from 47% to 31%. Newspaper and magazine readership for national news, already small, decreased further from 8% to 4%.Radio, which was once the main source of local news for Nepalis, especially in rural areas, has now fallen from 44% to 26%.Users seem to have migrated en masse to the internet. When asked about which medium they relied on for local news and information, respondents saying YouTube increased from 4% to 15% in two years – signifying the proliferation of channels on that platform that have usually sensationalised news and current affairs content.Read also: <a href="https://www.nepalitimes.com/review/nepals-new-digital-landscape/" target="_blank" rel="noopener noreferrer">Nepal’s new digital landscape</a>, Sonia AwaleThe percentage of respondents saying they got their information from Facebook rose from 21% to 41%, although the caveat here is that they may be clicking on links to the Facebook accounts of the mainstream media.Despite this surge in users of social networking sites, there appears to be a trust deficit. Radio, tv and print media still top the ranking for credibility, with only 3% of respondents saying they trust content on social media.Interestingly, trust in online portals is also a low 8%.In answer to another survey question, most respondents who said they do not read print media (85%) said they did not read newspapers and magazines because they were not available in the area or delivered at home. Other reasons for not reading were: stale content, boring, or they have other sources of news.On the other hand, while nationwide use of Twitter is very low, the number of print media readers who say they are also on Twitter is much higher (42%) than on Facebook (20%) or YouTube (20%).Left to their own devicesThe changing pattern of consumption of media content is determined by access to new information technology. Just as radio surged with Nepal’s rural radio revolution in the 1990s, and television took audiences away from print, the legacy media are now all in the same boat – competing with the internet for eyeballs and, therefore, revenue.Nepal’s mobile penetration rate is now reaching saturation, with 90% of individuals above 18 years in the survey saying they owned a hand phone. Of these, 67% were smartphones and can access data internet. Although this proportion has gone up sharply since previous Sharecast surveys, it shows there is still potential for growth if 4G access spreads and mobile data package costs come down.Read also: <a href="https://www.nepalitimes.com/here-now/nepalis-are-drifting-to-digital-media/" target="_blank" rel="noopener noreferrer">Nepalis are drifting to digital media</a>, Madhu Acharya and Bhumiraj Chapagain_________________<h2>An increasingly online nation</h2><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114111132/637219379c7e80680e0baa89jpeg.jpg" alt="" width="960" height="640">More than one-third of respondents above 18 years in a nationwide survey conducted by Sharecast Initiative Nepal said they do not have access to the internet.When asked why they are not using the internet, 62% of the respondents said it was because they did not own a device, and 29% lacked the confidence or skill to go online. Of the other responses, 19% said they feel too old to learn, 14% had neither the interest nor the need of the internet, and 7% were too busy doing other things. 7% said that although they would have liked to have access to the internet, there is no connectivity where they are.These results show that there are still a substantial number of adult Nepalis who are not online (6.4 million), and most of them do not own a device. Although, in answer to another survey question, nearly 90% of adult Nepalis say they have mobile phones (and 67% of them are smartphones), showing that internet penetration in Nepal is lagging behind phone use and has not yet reached saturation.Disaggregating data for internet use, Gandaki Province appears to have the widest internet use, with only half the respondents (46%) saying they did not have online access because they do not have a device. However, 50% of them said they were not using the internet because they did not have the skill — much higher than other provinces.Surprisingly, only 12% of respondents in Karnali Province said they did not have the confidence to use the internet. Overall, few respondents without access to the internet said they were interested in using it.Read also: <a href="https://www.nepalitimes.com/banner/how-nepals-media-landscape-is-being-transformed/">Nepal’s changing media landscape</a>, Sharecast InitiativeMore than 5,500 respondents took part in the nationwide survey and they were asked if their children between 6-12 years used the internet. Nearly half (47%) said their children did, 39% said they did not, and 13% did not have children in that age group.Again, the proportion of children with access to the internet is highest in Gandaki (69%). Karnali and Madhes trailed in children not using the net (66%) and (61%), respectively. Despite Kathmandu Valley being situated in Bagmati Province, it is behind Gandaki and Province 1 in internet use among adults and children.The 62.5% of respondents who have access to the internet were asked unprompted which apps they used the most. Facebook is still scoring highest with 91%, with YouTube (89%) and TikTok (56%). Buried in the long tail is Twitter with only 2% — surprising given how Twitter seems to shape the national discourse on everything from elections to gender-based violence —proving that Twitter users are from the more influential class of urban-based movers and shakers.Comparing the responses with results from the 2020 survey, Sharecast Initiative found a dramatic increase in the number of TikTok and YouTube users. These results show that social networking platforms are increasingly displacing the mainstream press where people have access to information and entertainment.As expected, TikTok is most popular among the young, its usage dipping with the older population. Twitter has a slightly larger following among the 16-24 age group (8%) but trails far behind other social networking platforms. But what it seems to lack in popularity, it more than makes up for its socio-economic demographics.Read also: <a href="https://www.nepalitimes.com/banner/mobile-nepal-is-hooked-on-youtube/">Mobile Nepal is hooked on YouTube</a>, Kunda DixitA sample of the estimated 12.2 million Nepalis who have access to the internet was asked if they regularly visited online news portals. Only 30% said yes (3.7 million). This is a surprisingly low result, which seemsto indicate that most internet use could be for entertainment or family engagement.Disaggregating this data by province shows that Bagmati has the highest proportion of internet users accessing news portals, with Karnali and Province 1 following close behind. Madhes Province has the lowest number (13%) accessing digital news sites.Despite having the highest internet use, Gandaki Province has the lowest proportion of respondents saying they accessed news portals which can only mean they use the internet for other purposes than as a source of news and information.The 30% of respondents who said they visited online news portals were asked what made them access those sites. Nearly half (48%) said they received push notifications to do so, while others just found the sites by browsing portals. But a majority (57%) clicked on links shared by friends on social media to visit news portals.The 62.5% of respondents who said they use the internet were asked if they thought the spread of disinformation was a problem in Nepal. More than 90% of them partially or fully agreed it was an issue. Only 7% of respondents think it is not a problem. Bagmati Province where Kathmandu Valley is located has the highest proportion (27%) of respondents who agreed fully that disinformation and misinformation was a problem.This would tally with previous surveys that indicate that although there is heavy use of social media platforms, the credibility of information they contain is considered low among most Nepalis.Read also: <a href="https://www.nepalitimes.com/here-now/digitial-path-to-social-buffers-in-nepal/">Digital path to social buffers in Nepal</a>, Ashraya DixitNepal Media Survey 2022 covers consumption patterns of radio, tv, newspapers and internet platforms. Nepal Media Survey Report available from <a href="mailto:NMS2022@sharecast.org.np" target="_blank" rel="noopener noreferrer">NMS2022@sharecast.org.np</a>

Kunda Dixit

Nepal’s interface with information

<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141132/636cfd579c7e80680e0a0bdbjpeg.jpg" alt="" width="960" height="640"/>For over 16 months during the pandemic,<a href="https://www.nepalitimes.com/business/we-are-focussed-on-post-covid-revival-of-nepals-business/"> businesses</a> have been going through transformative change with a steep learning curve. They have had little time to prepare for how the Covid-19 crisis has irrevocably altered customer behaviour.Many people are unwilling to make visits deemed inessential, which has impacted older small businesses that have always relied on footfall and traditional retail presence to make sales. As the pandemic stretched from weeks to months to years, emergency funds have worn thin. Many businesses have shut shops, unable to handle the overheads, staff salary, among others.Without government help for <a href="https://www.nepalitimes.com/business/financial-literacy/">digital literacy</a>, local businesses are having to take matters into their own hands and use social media and <a href="https://www.nepalitimes.com/opinion/nepals-e-conomy-rapidly-goes-digital/">online platforms</a> to maintain their presence, as more people seek services from the safety of their homes.Businesses with family members of the younger digital-savvy generation can cope with the change better, with children helping them set up or managing their online presence. But most businesses used to the traditional sale methods are grappling with somewhat outdated establishments that would have done just fine, if not for multiple lockdowns.Businesses that spent years sticking to hand-written bills and paying vendors by cheque have now been forced to switch to digital substitutes and online payment systems like mobile wallets (<a href="https://esewa.com.np/#/home">eSewa</a> or <a href="https://khalti.com/">Khalti</a>), <a href="https://connectips.com/">Connect IPS</a> and banking apps.Facebook and Instagram stories are now daily staples for posting updated menus of services, products and business timings that tend to change as the government issues new Covid-19 safety policies, in response to the evolving health crisis. If there is a sudden lockdown, some businesses find ways to cater to their customers, but many are forced to go on hold until further notice.Small businesses now are seeing up to 25% of revenue generated directly from their Facebook and Instagram pages. Many of them are active on Messenger and use DMs to answer customer queries, confirm orders and coordinate delivery, using casual yet highly effective language styles (most commonly, typing in Roman Nepali) coupled with genuine pictures and videos to clinch sales.With thousands of Nepalis engaged on WhatsApp and Viber every day for both personal and professional purposes, small businesses are also able to use these communication platforms to stay in touch with repeat customers. Most do not even use the WhatsApp Business app because regular WhatsApp does the job without having to upgrade to the proper channel WhatsApp has launched for business inquiries, complete with fancy features such as an automated chatbot and a product catalogue.Technology is already at our fingertips, but user behaviour and audience willingness to adopt new methods of sales and marketing communication stand in the way of digitalisation of traditional businesses. The audience may already be comfortable with e-commerce websites and apps, but business owners often are not, because they are not familiar with the technology and its possibilities.Not to forget, that setting up a website alone requires a team of people to handle online orders, and with that comes logistics to sort out the entire sales process.Moreover, low literacy levels mean that many small business owners do not feel confident handling customer care online by typing words on a virtual keyboard. WhatsApp, Viber and Messenger are ideal training wheels for such small business owners because, besides text messaging exchanges, they also offer audio-visual data (voice notes, phone calls, image and video sharing) for free.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141132/636cfd5a9c7e80680e0a0bdcjpeg.jpg" alt="" width="324" height="612"><figcaption> </figcaption></figure>Let us take a look at some traditional businesses that could do with a beginner level digital transformation:Pharmacies: Drug stores are important during the pandemic, yet these small family-owned shops struggle when Viber could very well be their virtual shop counter. While some shops have switched, many have yet to start selling medicine via messaging apps, sending photos of tablet strips without having to type out complicated names, as well as having delivery to residents within a 3km radius.Flower/Plant Sellers: Gardening was a booming hobby during the first few months of the pandemic, during which nurseries saw new customers interested in setting up rooftop gardens to grow their own vegetables. Restrictions on gatherings also meant that flower sales saw a sharp decline with no weddings, or events. Online flower businesses could help with important family events being held at home as well as those looking to gift fancy bouquets without visiting a flower shop. Product photos can be easily sent over, and video calls can help make colour and wrapping choices. Even better, a flower vendor in Kathmandu can cater to a wedding at home in another district, provided they tie-up with an inter-city delivery partner.Book and Stationery Shops: The publishing industry was already suffering before the coronavirus crisis. But now many people would rather download an e-book or watch a movie. But books, unlike clothes or shoes, are a product category that enjoy low chances of getting returned, with customers usually receiving exactly what they saw on the WhatsApp image. The same goes for stationery items like notebooks, pens, staplers, geometry sets, etc. These business owners need to get going by collecting contact numbers of regular customers and asking Facebook page visitors to message them with the title or category of the book they are searching for. This is only the stepping-stone towards e-commerce websites, which some Nepali online booksellers like <a href="http://booksmandala.com/">booksmandala.com</a> and <a href="http://laibary.np/">laibary.np</a> already have. Nepal could someday have its own <a href="http://staples.com/">staples.com</a>, an online store of a global retail chain that houses stationery and office supplies.Paper Products: Thanks to e-commerce, plastic packaging is contributing to mounting piles of garbage. Nepali paper, recycled paper or lokta are a part of our cultural aesthetic, and an industry that needs revival – especially due to the sharp dip in tourists buying creative paper goods made in Nepal. If paper goods manufacturers used multimedia messaging to take orders, the market may see an upward trend in affordable paper lampshades, pretty gift packaging and photo frames.Festive Decor: With Raksha Bandhan, Krishna Asthami and Tij around the corner, as well as major festivals like Dasain and Tihar coming soon, festive decor, puja items and related paraphernalia will force people to visit crowded markets in Asan and Patan for affordable deals, further spreading the virus. But what if small businesses chose to pre-book orders via WhatsApp and Viber, bundling both decor and puja goods for customers to shop efficiently without wasting time and risking their health? <a href="http://pujaservice.com/">pujaservice.com</a> is your one-stop-shop for religious ceremony requirements, but festive shopping is a massive, rich territory that is yet to be properly tapped.Hair, Skin and Beauty Services: Neighbourhood barber shops, kiosk-based mehendi artists and local beauty parlours have all seen a drastic decline in customers because they need physical proximity. Home visits and doorstep services might be the way forward for them. After all, smaller businesses thrive on their efficiency, not their brand experience. These businesses can benefit greatly from booking appointments using messaging apps, and carrying a kit to their customer’s home, while also charging extra for personalised at-home services. With innovative platforms like UrbanClap and HouseJoy seeing tremendous success in the Indian market, Nepal could also get started. But for now, getting a haircut on the home driveway, thanks to a simple Viber message to a trusted barber, is a solid beginning.If you want to help your local small businesses take a step towards post-Covid Nepal, volunteer to help set up their phone, teach them to create a Facebook post or show them the magic of in-stream video and voice messages, and see where it takes them.Who knows, this could be a ‘one tiny phone tap for a Nepali shopkeeper, one giant leap for Nepal’.

Saniaa Shah

Big message for small businesses

<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108151128/636a67739c7e80680e0599dbjpeg.jpg" alt="" width="4032" height="3024"/><figcaption>Photo: SAKINA ABIDI</figcaption></figure>Anubhav Nayyar is the Asia-Pacific Senior Director of Viber, one of the most popular communication apps in Nepal. Nepali Times spoke to him this week about Viber’s growth, its privacy policy and future plans.Nepali Times: What makes Viber so popular in Nepal?Anubhav Nayyar: If you look at all players, product wise, we are very similar. We have tried to cater our product and services to the emerging markets like Nepal where there are certain challenges … countries just a little behind the curve, where internet infrastructure is not that great. It is important to have hygiene services that are really good.I am very proud to say Viber has not had any downtime throughout the last couple of years unlike every other competitor. The biggest differentiator is the fact that we choose to focus on Nepal. That is what sets us apart. I have not seen many localised initiatives from other players. It is an important market for us, we have a high usage over here. We are the only app which is truly localised from a global perspective. We are evaluating localised UI (user interface) itself because there are a lot of people who would not be English-literate so then can we offer a service that is completely translatable. I do not mean a Google translate that is very literal, but actually translated in a way that people can understand.Read also: <a href="https://www.nepalitimes.com/here-now/nepal-is-becoming-a-nation-of-net-addicts/" target="_blank" rel="noopener">Nepal is becoming a nation of net addicts</a>, Sabina DevkotaWhat has the growth been like in 2019?It has been a very good year. In 2019 we grew in excess of 20% of our base and it is a big base here. What is very encouraging is that our growth is through communication and group communication. We have a couple of media partnerships such as with Online Khabar that have been doing really well. We have also decided to partner with HamroPatro to provide a horoscope to every Viber user who chooses to subscribe to this service. We have also partnered with Nepal Mediciti Hospital so users can request for an ambulance or any assistance through Viber. We take that as a responsibility. In the beginning of this year we hit a billion users across the world – a big landmark and a proud moment for all of us. We should be breaking even, a big landmark for a messaging communication platform that is completely free.How do you ensure user data protection? We are very passionate about user privacy. What sets us apart from our competition over here is that we are end-to-end encrypted by default. That is very important. The moment a message is sent from a mobile device, it gets encrypted and only the receiver’s phone can decode it. There are a lot of apps which will claim to be end-to-end encrypted, but you have to go into settings, find it and switch it on. We take user privacy very strongly. People do not want their intimate personal conversations out there in public, and that is the basic issue some of the major players have seen. Privacy is a birth right. To put it bluntly: we do not sell our user data to make money and it is a compromise we make. We are asked by advertisers and we lose those dollars, but we gain consumer trust.Viber has some things planned for <a href="https://www.nepalitimes.com/opinion/make-sure-you-visit-nepal-in-2020/" target="_blank" rel="noopener">VisitNepal2020</a>?It is very important initiative for the country and the government has put numbers behind it so we will be trying to help. We’ll be launching a sticker pack, a helpline and a tourist bot. It’s about meaningful reach.

Viber will help Visit Nepal campaign in 2020

<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108151124/636a66fa9c7e80680e0599b4jpeg.jpg" alt="" width="1500" height="1081"/><figcaption>Photo : BIKRAM RAI</figcaption></figure>Nepal is recognised as the only low-income country to have made rapid progress cutting poverty and boosting public health and education in recent decades. But can these achievements be sustained in the 2020-2030 decade?The <a href="https://archive.nepalitimes.com/regular-columns/GUEST-COLUMN/Saving-one-mother-at-a-time,816" target="_blank" rel="noopener">country’s maternal mortality rate decreased</a> from 539 deaths per 100,000 live births to 239 deaths between 1996 and 2016. The adult literacy rate rose from 20% in the 1980s to 67% in 2018, and the proportion of Nepalis living below the poverty line <a href="https://www.nepalitimes.com/banner/nepals-great-income-divide/" target="_blank" rel="noopener">dropped from 42% to 21% in two decades</a>.Yet the poorest still <a href="https://www.nepalitimes.com/banner/federalism-leaves-nepals-medical-sector-ailing/" target="_blank" rel="noopener">do not have access to affordable healthcare</a>. The school dropout rate is as high as the <a href="http://archive.nepalitimes.com/news.php?id=41#.XftNv5MzaUk" target="_blank" rel="noopener">enrolment rate</a>. In urban centres, people breathe <a href="https://www.nepalitimes.com/here-now/air-pollution-is-more-dangerous-than-smoking/" target="_blank" rel="noopener">some of the foulest air in the world</a>, reducing their life expectancy by up to four years. Many lack safe drinking water.Read also: <a href="https://www.nepalitimes.com/?p=38023&amp;preview_nonce=024823c344&amp;preview=true" target="_blank" rel="noopener">Towards 2030</a><a style="background-color: #ffffff; font-size: 15px; letter-spacing: 0.01em;" href="https://www.nepalitimes.com/?p=38038&amp;preview_nonce=e8166bf726&amp;preview=true" target="_blank" rel="noopener">Another decade to get it right,</a> Editorial<a style="background-color: #ffffff; font-size: 15px; letter-spacing: 0.01em;" href="https://www.nepalitimes.com/?p=38061&amp;preview_nonce=012fb23553&amp;preview=true" target="_blank" rel="noopener">Nepal in the 2020s,</a> Sewa BhattaraiLocal elections in 2017, after a gap of 20 years, were supposed to close these gaps by delivering accountable, elected leaders. Two years later, the euphoria has evaporated. The state of the state remains stagnant.“The elections helped us rebuild grassroots democracy and decentralise power, but the lack of accountability at all levels of government continues to be a major challenge,” says Min Bahadur Shahi of the National Planning Commission (NPC). “This is why the primary agenda of the NPC’s 15th periodic plan is governance reform, controlling corruption and promoting transparency.”As we step into the new decade, there are questions about Nepal’s progress in human development, including whether we are on track to meet the UN’s Sustainable Development Goals (SDGs) and achieve double-digit growth. Reaching these targets will require huge investments in healthcare, schools and nutrition. With the <a href="https://www.nepalitimes.com/editorial/poor-health-makes-nepalis-poorer/" target="_blank" rel="noopener">emergence of non-communicable diseases</a>, Nepal now faces a double burden: rising rates of <a href="https://archive.nepalitimes.com/article/nation/diabetes-in-south-asia,3018" target="_blank" rel="noopener">diabetes</a>, cardiovascular diseases and cancer, which are expensive to treat, while the poor continue to die of easily curable infections.Said Sanjib Sharma, doctor at the BP Koirala Institute for Health Sciences in Dharan: “Our efforts now should be on strengthening primary health care and prevention and early detection of diseases using existing tools, as well as new technologies such as artificial intelligence for virtual expert consultation and drug delivery.”Read also: <a style="background-color: #ffffff; font-size: 15px; letter-spacing: 0.01em;" href="https://www.nepalitimes.com/?p=38051&amp;preview_nonce=38f8426e6c&amp;preview=true" target="_blank" rel="noopener">Nepal in 2030,</a> Sanghamitra Subba<a style="background-color: #ffffff; font-size: 15px; letter-spacing: 0.01em;" href="https://www.nepalitimes.com/?p=38046&amp;preview_nonce=d2d7129548&amp;preview=true" target="_blank" rel="noopener">A future written in the stars,</a> Sanghamitra SubbaDespite poverty falling by half, one-third of Nepali children <a href="https://www.nepalitimes.com/banner/nearly-half-of-nepali-children-still-malnourished/" target="_blank" rel="noopener">are still malnourished</a>. Anaemia among women has actually increased in recent years. The government’s Multi-sectoral Nutrition Plan, developed in 2012, works to improve maternal and child health, vaccination rates and malnutrition.“Development in Nepal is still synonymous with roads, but investing in early childhood development is equally important, it is a component of development,” said Kiran Rupakheti of the NPC, which wants nutrition programs to reach the grassroots.Even as literacy rates rise, gender disparity is expected to continue in the coming decade. As female literacy improves, for instance, <a href="https://www.nepalitimes.com/banner/child-marriage-in-nepal-eloped-at-13-mother-by-17/" target="_blank" rel="noopener">child marriage</a> and <a href="http://archive.nepalitimes.com/news.php?id=19596#.XftPh5MzaUk" target="_blank" rel="noopener">girls’ dropout rates</a> will persist. Experts say improving the <a href="https://www.nepalitimes.com/banner/after-quantity-nepals-education-needs-quality/" target="_blank" rel="noopener">quality of instruction</a> at community schools, encouraging female students in technical fields and promoting applied education should be priority areas in the 10 years ahead.Nepal is expected to graduate from lower-middle-income country status by 2030, but that is unlikely if the SDGs goals are not met. For this, the government will need to spend $1billion a year in infrastructure alone. Nepal is hoping to sustain <a href="http://archive.nepalitimes.com/regular-columns/guest-editorial/guest-editorial-Nepal-economic-growth,923" target="_blank" rel="noopener">double-digit growth</a> of above 10% and achieve per capita income of $1,595 by the end of the decade.“I’m hopeful about our prospects but if we uplift the economic status of women, who make up more than half of the population, we will get there sooner,” said Saru Joshi, gender and development expert.<a href="http://archive.nepalitimes.com/blogs/thebrief/2017/05/24/bleak-economic-report/" target="_blank" rel="noopener">A 2017 World Bank report</a>, however, stated that if present trends continue Nepal will not reach its middle-income target. It pointed out that despite rapid reduction in the poverty rate, the country’s development path has not led to economic growth but perpetuated a shortage of jobs at home, which in turn is fuelling further <a href="https://www.nepalitimes.com/editorial/reducing-labour-pain/" target="_blank" rel="noopener">outmigration</a>. And while remittance accounts for one-third of the national GDP, it is a symptom of deep-seated, chronic problems.Planners say that a slew of new hydropower and large infrastructure projects planned for the next 10 years, a boom in <a href="https://www.nepalitimes.com/opinion/guiding-nepals-tourism-industry/" target="_blank" rel="noopener">tourism and the service sector</a>, and better connectivity will create jobs at home, discouraging youth from seeking employment elsewhere.“We know our targets are ambitious but we also have the most favourable environment to achieve it. There is finally stability, the present growth is already at 7%, some <a href="https://www.nepalitimes.com/opinion/decentralising-hydropower/" target="_blank" rel="noopener">major hydropower projects</a> are taking off and we have made huge investments in information technology,” said Rupakheti.Shahi forecasts optimistically: “The 2020s will be a progressive decade of sustainable and just development. There will be prosperity along with social justice. There will be double-digit growth, increased investment from the government and the focus will be on quality, not quantity.”

Sonia Awale

How will Nepal develop in the next decade?

https://www.youtube.com/watch?v=Y85epyHUvjo&amp;feature=youtu.beFor those who think that Nepal is too underdeveloped to make full use of <a href="https://fusemachines.com.np/" target="_blank" rel="noopener">artificial intelligence</a> (AI), think again. That is exactly what they used to say about computers and mobile phones in the 1990s.It may come as a surprise to many that Nepal has been gaining ground in AI, developing not only software using machine learning algorithms but producing world-class engineers. One company at the forefront is <a href="https://fusemachines.com.np/">Fusemachines Nepal</a>, which has started using industry experts to train AI students with cutting-edge technology to deliver intelligent solutions.“I wanted to see if I can contribute in bringing the best AI education to Nepal and make Nepal known around the world as one of the best sources of AI talent,” says the <a href="http://archive.nepalitimes.com/article/review/Sameer-Maskey-revolutionalizing-customer-service-through-Fuse-Machines,1069" target="_blank" rel="noopener">Nepali founder of Fusemachines, Sameer Maskey</a>, a professor at Columbia University.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108181144/636a95dd9c7e80680e05dc32jpeg.jpg" alt="" width="1500" height="1000"/><figcaption>All Photos: MONIKA DEUPALA/SONIA AWALE</figcaption></figure>This is the age of surveillance capitalism, where algorithms determine election outcomes, Siri knows what you want before you do, wearables correctly deduce the state of the heart and <a href="https://www.nepalitimes.com/banner/so-you-want-to-quit-facebook/" target="_blank" rel="noopener">Facebook</a> recognises friends.Read also:<a href="https://www.nepalitimes.com/here-now/natural-intelligence/">Natural Intelligence</a>, Duksangh Sherpa<a style="background-color: #ffffff; letter-spacing: 0.01em;" href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/outdated-laws-limited-ecommerce-hold-back-tech-industry%20,3547">Kathmandu's Silicon Alley and the Law</a>, Sonia AwaleAI simply imitates human thinking by recognising patterns in data, so that repetitive everyday work can be done by machines that learn as they go along.Nepal missed the bus on natural resource processing, manufacturing and <a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/outdated-laws-limited-ecommerce-hold-back-tech-industry%20,3547" target="_blank" rel="noopener">information technology</a>. But experts say that training a critical mass of engineers in AI can allow the country’s economy to leapfrog and become globally competitive.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108181144/636a95e09c7e80680e05dc33jpeg.jpg" alt="" width="600" height="450"><figcaption> </figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108181144/636a95e29c7e80680e05dc34jpeg.jpg" alt="" width="600" height="450"><figcaption> </figcaption></figure><figure><img title="page-14-15d" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108181144/636a95e49c7e80680e05dc35jpeg.jpg" alt="page-14-15d"><figcaption> </figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108181144/636a95e69c7e80680e05dc36jpeg.jpg" alt="" width="600" height="450"><figcaption> </figcaption></figure>Fusemachines Director of Academic Affairs Bülent Uyaniker, who was in Nepal recently, rejects the notion that Nepal is not ready for artificial intelligence applications. “It is happening already, it is inevitable. If there can be 8<a href="https://www.nepalitimes.com/editorial/the-message-is-the-medium/">.5 million Facebook users</a> in Nepal, then it has the special conditions for AI.”Proof of this is the increasing number of software companies in Nepal using local engineering talent to work on software solutions for customers in North America or Europe. However, most of the engineers and recent graduates need training in AI to keep up with customer requirements. America alone will need 200,000 data scientists in the next five years, and most of these will come from the UK, Finland, Canada, Singapore, China and India.Which is why Fusemachines Nepal is also emphasising education. Says the head of its global operations and strategy, Sumana Shrestha: “You cannot learn AI in a one-day bootcamp, it needs intelligent mathematics, but there is a huge demand versus supply gap for engineers proficient in machine learning or other AI components everywhere.”<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108181144/636a95e89c7e80680e05dc37jpeg.jpg" alt="" width="1500" height="1000">Read also:<a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/it-is-all-about-it-in-nepal,3887" target="_blank" rel="noopener">It's all about IT</a>, Sahina Shrestha<a style="background-color: #ffffff; letter-spacing: 0.01em;" href="https://www.nepalitimes.com/banner/drones-to-the-rescue/" target="_blank" rel="noopener">Drones to the rescue</a>, Lucia de VriesNepal established itself as a sought after destination in the past 20 years <a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/it-is-all-about-it-in-nepal,3887" target="_blank" rel="noopener">for outsourcing services</a> such as software and app development, website design and big data management to overseas clients, mostly due to the country’s inexpensive English-speaking workforce.This move from IT to AI will not just create jobs in Nepal, but also allow the country to <a href="https://www.nepalitimes.com/banner/drones-to-the-rescue/" target="_blank" rel="noopener">increase efficiency and productivity in the workplace</a>. General practitioners in rural hospitals will be able to make diagnoses faster so they can spend more time with patients, high-risk individuals can be identified with <a href="https://archive.nepalitimes.com/article/nation/think-pink-breast%20cancer-diagnosis-treatment,3877" target="_blank" rel="noopener">cancer screening</a>, and targeted advertising and customised itineraries will lure <a href="https://archive.nepalitimes.com/article/nation/bringing-in-two-miilion-tourists,3551">potential tourists during Visit Nepal 2020</a>.Recently, a group of engineering students developed a model to help <a href="https://www.nepalitimes.com/banner/are-you-sick-of-chicken/" target="_blank" rel="noopener">poultry</a> entrepreneurs understand fowl behaviour and the state of their animals’ health, helping them to raise the farm’s business profile.“With precision livestock farming we can generate patterns to help farmers recognise symptoms before an outbreak of a disease by implementing AI components such as image processing and deep learning,” explained engineering student Sajil Awale at Pulchok Engineering Campus. “This allows for timely intervention to prevent mass deaths and reduce losses.”Read also: <a href="http://archive.nepalitimes.com/article/Nepali-Times-Buzz/tap-and-tour%20,3638" target="_blank" rel="noopener">Tap and tour</a>, Clara BullockComputer vision (which enables computers to see and process images as humans would) can also help identify rotten fruit swiftly, and prevent <a href="https://www.nepalitimes.com/from-the-nepali-press/banned-pesticides-are-widely-used-in-nepal/" target="_blank" rel="noopener">misuse of pesticides</a> by identifying areas on the farm that require chemicals, and the amounts needed. AI can also estimate future harvests, allowing farmers time to find markets for produce.Engineers at Fusemachines Nepal are working on Nepal’s first optical character recognition (OCR) system so forms filled out with Nepali handwriting can be digitised and translated into English. This will have huge scope in Nepal’s banking, hospital and government sectors, where pen and paper continues to be the norm.Sixit Bhatta, CEO of <a href="https://www.nepalitimes.com/here-now/three-toots-for-tootle/" target="_blank" rel="noopener">ride-sharing startup Tootle</a>, says Nepal is ripe for AI applications: “Our efforts now should be on preparing for a world in which machines perform skills-oriented tasks and for humans to take on the roles that require creativity and empathy. But before that, the government should design policies that allow AI to grow, and not restrict it.”Sumana Shrestha at Fusemachines Nepal says that as long as salaries for clerical staff are low, there is less potential for AI to flourish. But she adds: “The curse of cheap labour means companies will prefer to employ people to do repetitive work. But sooner or later, AI will be here. Nepal needs to develop despite government. And the private sector needs to prepare itself for disruption.”Coming to terms with AI Artificial Intelligence: Ability of computer systems or machines to make a decision like humans, or the ability to perform tasks requiring human intelligenceMachine Learning: A subset of artificial intelligence that provides a system with the ability to automatically learn and improve from experience without being explicitly programmed, relying on patterns generated from dataDeep Learning: Machine learning that is applied on a large set of data, also known as deep neural learning that uses deep neural networks to model complicated dataNatural Language Processing: Interaction between computers and human languages, deals with programming computers to process and analyse natural (human) language, this field of AI processes, analyses, interprets and distills information from human languagesComputer Vision: Enables computers to see, identify and process images in the same way that human vision doesImage Processing: Part of computer vision that entails analysis and manipulation to find insights from a digitised imageBig Data: Extremely large data sets on which AI is applied to reveal patterns, trends and associations and make decisions<h2>Making Nepalis artificially intelligent</h2><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221108181144/636a95ec9c7e80680e05dc38jpeg.jpg" alt="" width="1500" height="990"><figcaption> </figcaption></figure>During a visit to Nepal six years ago, Columbia University professor Sameer Maskey handpicked three students from engineering schools across Kathmandu who were able to solve a mathematical equation. The three went on to become the core of <a href="https://www.fusemachines.com/">Fusemachines</a>, a global company that aims to democratise artificial intelligence (AI) through education and software solutions.Headquartered in New York, Fusemachines has since opened branches in Canada, UK and the Dominican Republic to develop intelligent software solutions that have transformed brands and businesses around the world. One of its biggest operations is in Nepal, Fusemachines employs 100 top Nepali software engineers who work on projects that use AI applications in fields ranging from telecommunications and banking to hospitals and governance.Unlike other back office companies that work on outsourced software development, Fusemachines is a school in itself, training engineers while coming up with product solutions.“We employ senior engineers and industry experts with PhDs along with upcoming engineers, who work together to solve client-specific problems though AI,” explains <a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/share-a-ride-Kathmandu,2738" target="_blank" rel="noopener">Sumana Shrestha</a> who heads Fusemachines’ global operations and strategy. “Such collaborative approach allows young talent to continuously learn and grow.”Following Maskey’s vision, Fusemachines tries to make AI accessible to everyone through education, which is why it initially offered training fellowships and then, to meet the demand for engineers, launched AI Shikshya — a year-long, in-house training program.“With our own proprietary platform and content we have partnered with engineering colleges in Kathmandu to offer AI,” says Shrestha. “The program is a blend of online and on-site, the course material is not too academic, is industry focused and instructors are seasoned engineers up to date with new algorithms.”The company also has its own AI schools, open to professionals who want to grow their business or anyone interested. Fusemachines also offers a foundation course, open to high school graduates. A year-long, micro-degree program consisting of four major courses — including machine learning, deep thinking, natural language processing and computer vision — will be the next step.“In school we were always presented with clean data sets to work on but that is rarely the case on the job. But this year-long training program gets people ready to take on real-life problems and provide AI solutions,” says Rojesh Shikharkar, engineer at Fusemachines Nepal and a post-grad at Pulchok Engineering Campus.Apart from training, Fusemachines has given engineers who would otherwise have migrated to work in the US and Europe an opportunity to find meaningful work in Nepal.Says Shrestha: “If you create opportunities here, people might actually stay, and once we have mass education in artificial intelligence, companies here will start adopting and see the value of AI products, ensuring more opportunities at home.”

Bringing Silicon Valley to Kathmandu Valley

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

Nepal is graduating to become a developing country on 24 November 2026 after half-century in the Least Developed Country (LDC) category. By 2030, the country hopes to transition to middle-income status.&nbsp; Everone from Prime Minister K P Oli have boasted that this is a matter of national pride, and will have a multiplier impact on trade and economy.&nbsp; But will it make any difference to the average Nepali? Not unless improved governance <a href="https://nepalitimes.com/news/why-invest-in-nepal">spurs investment and creates jobs</a>.&nbsp; Countries need to meet at least two of the three criteria in two consecutive triennial reviews to be eligible for graduation from LDC. Nepal has consistently met the thresholds for the Human Assets Index (HAI) and the Economic and Environmental Vulnerability Index (EVI) in 2015, 2018, and 2021. But Nepal was recommended for graduation before meeting the per capita <a href="https://nepalitimes.com/banner/nepals-great-income-divide">Gross National Income (GNI)</a> threshold of $1,306. “A major implication of LDC graduation is the loss of preferential market access available through Generalised System of Preferences (GSP) and other arrangements,” explains economist Sameer Khatiwada. “But over two-thirds of <a href="https://nepalitimes.com/news/nepal-doesnt-produce-its-2-biggest-export-items">Nepal’s exports</a> are to India, and the preferential market access to India is through a bilateral trade agreement. This has nothing to do with our LDC status.”  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20250815060832_f5eabe7628a8cdf84f33b25d7cef3c4dc8913a26d8e5b253ea52a36e176b8a85.jpg" data-media-id="editor_3" data-image-id="20250815060832_f5eabe7628a8cdf84f33b25d7cef3c4dc8913a26d8e5b253ea52a36e176b8a85" data-rendition-name="original" width="640" height="470" loading="lazy" alt="LDC graduation "> </figure>  Furthermore, a provision under the South Asian Free Trade Area (SAFTA) allows Nepal to export to India duty-free if the items are at least 30% value-added. Nepali traders take advantage of this by re-exporting edible oils without meeting that requirement, falsely boosting Nepal’s exports.“ Following graduation from LDC, the value addition threshold might increase to 40%,” says Kalpana Khanal of the Policy Research Institute. “This is supposed to work to our advantage, because on paper value addition inherently means <a href="https://nepalitimes.com/multimedia/staying-home-to-create-jobs">job creation at home</a>.” But Nepal’s exports to other major destinations will face <a href="https://nepalitimes.com/news/nepal-and-the-us-india-tariff-tiff">tariff increases</a> with the graduation. A South Asia Watch on Trade, Economics and Environment (SWATEE) study shows that while tariff increase in the US market is relatively low (see page 5) it is considerably higher in Europe. The International Trade Centre (ITC) in a 2022 study also estimated that graduation could result in a 4.3% decline in Nepal’s projected exports, but this is excluding the impact of changes in ‘rules of origin’ provisions in preference-granting countries such as the UK and Europe.&nbsp; Nepal’s top export to these preference-granting countries is <a href="https://archive.nepalitimes.com/news.php?id=1482">carpets</a>, and will not be impacted, but other items such as textiles and apparel will be heavily affected due to higher cost of production. The impact will felt mostly by small and medium enterprises which represent the largest share of exports to LDC-specific preference-granting countries. As for the service exports, Nepal never really made use of the World Trade Organization’s LDC services waiver anyway, hence the effect will be minimal, if any. There is also concern about Nepal’s graduation at a time when the global economy is topsy-turvy, amidst <a href="https://nepalitimes.com/opinion/turning-point-in-us-india-relations">tariff wars and conflicts</a>. This affects Nepalis abroad directly and may impact <a href="https://nepalitimes.com/news/more-remittance-more-than-remittance">remittances </a>which hit $11 billion in 2024. In comparison, Nepal only received $350 million in foreign loans and grants last year.&nbsp; Tourism arrivals have finally reached pre-pandemic levels, but bad publicity about pollution, poor infrastructure and bureaucratic hurdles hinder further growth. Manufacturing continues to struggle, while hydropower and the IT sector have taken off.&nbsp; “Look at data -- <a href="https://nepalitimes.com/news/tourism-needs-a-new-push">tourism arrivals</a> are up, spending is up, IT exports are up, <a href="https://nepalitimes.com/news/why-nepal-needs-to-restore-ev-tax-subsidy">EV sales </a>are up, Europe still needs 85-90 million skilled workers. We are sitting on $16 billion in cash reserves, our balance of payment, foreign exchange reserve, tax to GDP ratio, credit flow are all positive, we have to build on these factors,” says Sujeev Shakya of the Nepal Economic Forum. He adds: “Our mindset creates negativity to promote rent-seeking behaviour, but this cynicism will go away after 2026 with LDC graduation. We must deal with data, look at trends, and projects which will bring in <a href="https://nepalitimes.com/from-the-nepali-press/why-there-is-no-foreign-investment-in-nepal">international investments</a>.” Khanal agrees that investment is not dependent on<a href="https://archive.nepalitimes.com/regular-columns/backside/Nepal-not-the-least-developed-country,306"> LDC status</a>. The factors that that affect investment are policy stability, a strong legal framework, market potential and ease of doing business. She adds, “That is where our focus needs to be, and we need to retain <a href="https://nepalitimes.com/diaspora-diaries/migrant-worker-returns-to-create-work-at-home?fbclid=IwAR09xJfsClCwn8uRVAmz28CU658vdKpuyDwB_b1sNlvKtAFFnSldnA0JS2g">Nepalis with jobs at home</a> for our sustained growth.” After 2026, financing support from donors and aid agencies could be affected and Nepal will no longer be able to access Least Developed Countries Fund (LDCF) to adapt to the impacts of climate change. But the Global Environment Fund and Green Climate Fund will still be available.“ LDC status does not determine bilateral development aid, that is usually driven by broader <a href="https://nepalitimes.com/here-now/looking-beyond-two-boulders">geopolitical considerations</a>,” says Sameer Khatiwada. “The World Bank and Asian Development Bank, which provide concessional loans to Nepal, it is determined mainly by per capita income, not LDC status.” &nbsp;However, Nepal may lose some concessional terms for loans. Nepal is currently a lower-middle-income country as per the World Bank in the bracket for GNI between $1,036 and $4,045. The country is already receiving more loans than grants and in July the World Bank increased its interest rate on loans by 100% from 0.75 to 1.5%. “All this means that the impact of LDC graduation for Nepal might not be as earth-shattering as some tend to think. Countries that have recently graduated, such as Botswana and the Maldives, have shows that graduation is just a step in a country’s development path,” says Khatiwada. Sujeev Shakya also sees the glass as half full, explaining that LDC graduation is just a stepping stone if Nepal has the right policies in place. He adds, “Nepal’s biggest advantage is our<a href="https://nepalitimes.com/opinion/investing-in-people"> working age population</a> and we have investments coming in. These aided by how adaptive we are as a society are the very foundations on which Nepal will grow.”

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