<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022120710128/639058b79c7e80680e0ce1b8jpeg.jpg" alt="" width="1000" height="667"/><figcaption>Workers at the landfill site in Bancharedara. ALL PHOTOS: SAMRAT SILWAL</figcaption></figure>Even before you see it, you smell it.Just off Kathmandu Valley’s western rim, over a ridge and down the mountain, visitors are alerted to the landfill site by the pungent stink.Trucks loaded with garbage ply the narrow dirt road and bulldozers stand by on the roadside to clear the frequent landslides.The sludge from the landfill enters directly into the nearby Kolpu River as swarms of flies, eagles and vultures fly above the wasteland. There a stark contrast between this mountain of trash and the lush, tranquil forests and green terraced fields surrounding it.For residents of <a href="https://archive.nepalitimes.com/article/nation/a-load-of-rubbish-kathmandus-garbage-problem,4039" target="_blank" rel="noopener noreferrer">Sisdole</a> and surrounding villages, the smell has been a constant companion for nearly two decades. And with the new landfill site in Banchare Danda just 2km away, they worry their health and livelihood will continue to suffer because of what Kathmandu throws away.“This place is now unlivable, we sometimes wish that it would stop smelling for a few hours so that we could catch a break,” says Krishna Ghimire, a local farmer who also runs a shop nearby.But it is not just the sight and the smell that the residents are concerned about. Many in the villages are falling sick with rashes, skin allergies and even cholera.“When we pass the landfill, we get rashes and allergies. A few months ago, I got a cut while on the road next to the dump and it took three months to heal. It was just a small cut,” says Krishna.At a nearby health post which serves as the sole medical centre for residents, staff member Jyoti Maya BK sees 25 patients daily, more during the monsoon."The waste just leaches out and flows directly into the river. Farmers who tend their fields have chronic skin allergies, asthma and sometimes even cholera,” says BK. “The health post is flooded with such cases during the monsoon. It becomes difficult for us to work as we are understaffed, and we don't have a doctor here either.”Read Also: <a href="https://www.nepalitimes.com/banner/a-load-of-rubbish/" target="_blank" rel="noopener noreferrer">A load of rubbish</a>https://youtu.be/oZfnpUxJyqgRecently, residents here have also noticed the number of cancer cases going up. Although there has been no formal study that links it to the landfill site, locals say it is a worrying trend."The long-term exposure to the landfill environment can result in rise of recurrent chest infections and pneumonia,” says pulmonologist Ekta Rana Malla.  “Prolonged exposure to chemicals from the landfill can give rise to Occupational Lung Diseases or Interstitial Lung Diseases, and pollution and smoke give rise to Chronic Obstructive Pulmonary Diseases. It can aggravate diseases like bronchial asthma, allergic rhinitis, skin diseases etc. If infants and children are exposed then there's a high risk of recurrent infections with can ultimately affect their growth.”When Sisdole was selected as the landfill site for Kathmandu, Bhaktapur, Lalitpur, Kakani and Banepa in 2005, it came with a list of promises: employment opportunities for residents living near the landfill, development of healthcare facilities, better roads, and community development schemes. The locals were also told that the landfill was temporary and would be in operation for only three years.Seventeen years later in April 2022 Sisdole was finally full, unable to take anymore of Kathmandu’s waste. But the promises remained unfulfilled. Instead, Kathmandu Metropolitan City (KMC) decided to shift to Banchare Danda. This sparked protests in the district as irate locals stopped trucks from dumping trash in the landfill.Watch: <a href="https://www.youtube.com/watch?v=saJW8KrMh18" target="_blank" rel="noopener noreferrer">Wasted Politics: Kathmandu's Garbage</a> Problem"When trash collection stops in Kathmandu, there is news about how people are suffering in the city. What about us who have lived with trash for the last 17 years?" asks Parmila Ghimire, a Sisdole local (pic, right).Her husband, Keshav Ghimire, adds, "Actually, we had invited KMC with garlands to dump waste here. We wanted good roads and infrastructure in the village but sadly they haven't come through with their promises. Even the road they built is for trucks to transport waste to Sisdole and Bancharedara."<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022120710128/639058ba9c7e80680e0ce1b9jpeg.jpg" alt="" width="640" height="440"><figcaption> </figcaption></figure>The agitation coincided with the election of Kathmandu’s new mayor, Balen Shah who made it his top priority to resolve the issue. To keep the Sisdole residents happy, the government signed an 18-point agreement on 9 June 2022 once more promising better waste management and finding scientific solutions.But with nothing changing from the government side, locals once again took to the streets in July, and the government resorted to using security forces to continue waste disposal in Bancharedara."For many years we have been asking for a solution from the government, but it has not listened. We have to live with the stench all the time, and now there will be two landfills in this area. We feel abandoned and are treated like stateless people. Now, our only demand is that this area should either be free of waste or we should be resettled," said Thakur Ghimire, ward member of Kakani-2.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022120710128/639058bd9c7e80680e0ce1bajpeg.jpg" alt="" width="1000" height="679"><figcaption> </figcaption></figure>Kathmandu Valley and Banepa generate an estimated 1,200 tons of waste daily. Most of which ends up unsegregated in the landfill site. Meaning even if 60-65% of the waste is organic, it may get contaminated with batteries and e-waste being thrown in the same place. More harmful is the leachate which seeps into water bodies, contaminating ground and river water, and impacts on biodiversity."When we use the water from the Kolpu for farming, we get rashes that last for weeks. Some of our cattle have died drinking from the river," says Krishna Ghimire. "Earlier, we hardly used pesticides for agriculture, now, we have to use it to get a meagre harvest. All of this happened after the landfill."According to Shilshila Acharya, a climate activist and waste management entrepreneur the other danger is a process known as ‘bio-magnification’.She explains: “Contaminants like mercury, arsenic, and pesticides, such as polychlorinated biphenyls and DDT, are consumed by organism transferring them up the food chain.”Bio-magnification makes humans more susceptible to cancer, respiratory illnesses, kidney and liver problems, congenital disabilities, and heart diseases. Scavenging animals and flies of which there are many in Sisdole, also act as disease carriers.With haphazard dumping and no sustainable long-term plan, Kathmandu’s and in turn Sisdole’s garbage problem is deep-rooted. Segregation-at-source at every stage before finally using the landfill and supporting all the players in the waste value chain can be a solution to Kathmandu’s waste.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022120710128/639058c09c7e80680e0ce1bbjpeg.jpg" alt="" width="1000" height="667"><figcaption> </figcaption></figure>"This issue deserves top level attention, and we need to support the best minds trying to solve this problem. There will be many opportunities for job creation. But, sadly, I don't see any urgency from the government," says Acharya.The last time Sisdole residents staged a protest Mayor Balen Shah announced that the households had to segregate waste before sending it off to the waste collectors. But months down the line little has been done to implement it or to assist Kathmandu’s residents to segregate household waste.And the Sisdole residents continue to be trapped between the two landfills and a state that has continued to turn a blind eye to their condition.Says Acharya, "This is not simply an environmental issue, it is also a social justice issue. We accuse developed countries that injustice has been done due to their greenhouse emissions, but within Nepal we commit injustice to rural communities like Sisdole. If one day Pokhara decides to dump its waste in Kathmandu, would we allow it?"

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Kathmandu’s waste is making Nuwakot sick

<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00ce9c7e80680e0a35f9jpeg.jpg" alt="" width="1500" height="1000"/><figcaption>Kathmandu Valley's only landfill site Sisdole has reached its maximum capacity. All photos: AMIT MACHAMASI</figcaption></figure>Nepal’s capital stank for more than a fortnight before Kathmandu Metropolitan City (KMC) decided to resume garbage collection this week with the Department of Roads agreeing to repair the route to <a href="https://archive.nepalitimes.com/article/nation/a-load-of-rubbish-kathmandus-garbage-problem,4039" target="_blank" rel="noopener noreferrer">the Sisdole landfill site</a>, 30km away.Kathmandu’s only landfill Sisdole has already reached its maximum capacity, and every monsoon the rains damage the access road to the site with the locals having to navigate in knee-deep sludge. The overpowering stench from the <a href="https://www.nepalitimes.com/banner/industrial-scale-litter/" target="_blank" rel="noopener noreferrer">heaps of garbage</a> is enough to make residents sick.“Our water sources have been contaminated and farms are infertile. The road leading up to here is in a sorry state and yet the concerned people pay no heed,” says Bimala Balami of Sisdole.“From sunrise to sunset that mountain of garbage is all we see, we inhale the bad smell more than we do oxygen,” she adds.This is echoed by her neighbour Sangita Balami: “The odour from the garbage dumped here is there all hours of every day, there is no respite, people are getting sick.”The residents started a protest when a 70-year-old woman died on 22 August, attributed to a possible <a href="https://www.nepalitimes.com/latest/kathmandu-in-the-time-of-cholera/" target="_blank" rel="noopener noreferrer">cholera outbreak</a>. The local authorities brokered a deal with an agitating group obstructing the movement of vehicles with a 14-point agreement on Wednesday when the cholera suspicion was proven to be unfounded.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00d29c7e80680e0a35fajpeg.jpg" alt="" width="1500" height="1000"><figcaption></figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00d59c7e80680e0a35fbjpeg.jpg" alt="" width="1500" height="1000"><figcaption></figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00d99c7e80680e0a35fcjpeg.jpg" alt="" width="1500" height="1000"><figcaption></figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00dc9c7e80680e0a35fdjpeg.jpg" alt="" width="1500" height="1000"><figcaption></figcaption></figure>The garbage trucks and containers are now on the move, but it will still take a week for the municipality to manage to lift litter off the streets. Some 15,000 tonnes of waste have been piled up in different parts of Kathmandu Valley because of the <a href="https://archive.nepalitimes.com/article/nation/recycle-reuse-reduce-garbage-kathmandu,1279" target="_blank" rel="noopener noreferrer">lack of proper solid waste disposal</a> in the past two weeks.Stretched over 38 hectares, the Sisdole landfill is located on a gorge that is now not just full, but has grown into an enormous mountain of garbage. When it was first turned into a landfill site in 2006, the KMC proposed to use it only for three years but 17 years later, 75% of about 1,200 tonnes of daily <a href="https://www.nepalitimes.com/banner/the-covid-19-plastic-pandemic/" target="_blank" rel="noopener noreferrer">waste generated in Kathmandu Valley</a> ends up here in Nuwakot.Under normal circumstances, up to 200 vehicles dump the waste in Sisdole daily, which is later pushed around the site by an excavator at a height of about 200 meters.“Back then the government had acquired our land for the site, we were promised jobs,” says Bimala Balami. “But they were distributed unfairly. Some people here receive annual grants from the government but others don’t even get a penny.”<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00e09c7e80680e0a35fejpeg.jpg" alt="" width="1500" height="1000"><figcaption></figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00e39c7e80680e0a35ffjpeg.jpg" alt="" width="1500" height="1000"><figcaption></figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00e79c7e80680e0a3600jpeg.jpg" alt="" width="1500" height="1000"><figcaption></figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00ea9c7e80680e0a3601jpeg.jpg" alt="" width="1500" height="1000"><figcaption></figcaption></figure>Rapid and unplanned growth coupled with poor municipal management has meant that <a href="http://archive.nepalitimes.com/article/Nepali-Times-Buzz/Kathmandu-waste-management-problem-solution,1416" target="_blank" rel="noopener noreferrer">Kathmandu has always had a garbage problem</a>. Kathmandu needs another landfill site and the proposed alternative Banchare Dada, 1.9km west of Sisdole, has been under construction for years.The Ministry of Urban Development had signed a contract with Lumbini Koshi and Neupane JV in April 2019 to complete the work at <a href="https://www.nepalitimes.com/banner/what-will-nepal-do-with-its-e-waste/" target="_blank" rel="noopener noreferrer">Banchare Dada</a> within a year. The project will cost at least Rs346.8 million with the 91 hectare site estimated to be usable for 25 years. But more than two years later, the new landfill has no completion date in sight.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00ed9c7e80680e0a3602jpeg.jpg" alt="" width="1500" height="1000"><figcaption></figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00f09c7e80680e0a3603jpeg.jpg" alt="" width="1500" height="1000"><figcaption></figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110141144/636d00f49c7e80680e0a3604jpeg.jpg" alt="" width="1500" height="1000"><figcaption></figcaption></figure>Exactly 50 years ago in 1971, the first international consultant on solid waste management had studied Kathmandu's waste management system and proposed a landfill site.In 1996, after a 15-years-long effort by the Germans to set up a waste management system in Kathmandu, a German fact-finding mission concluded that the problems relating to municipal waste management in Kathmandu are not technical in nature, and the <a href="http://www.martinchautari.org.np/files/SINHAS-Articles/SINHAS-Vol.1-No.2_Bhushan-Tuladhar.pdf" target="_blank" rel="noopener noreferrer">constraints to developing environmentally sound, cost-effective and sustainable solutions</a> are institutional, organisational and financial.Studies have shown that segregating waste would cut the volume of trash by half, since up to 70% of the daily collection is biodegradable. We know what the problem is, <a href="https://archive.nepalitimes.com/article/nation/making-money-from-garbage-in-kathmandu,2055" target="_blank" rel="noopener noreferrer">we know what the solutions are</a>, but there is little political will to follow through.There has been <a href="https://www.nepalitimes.com/opinion/nepali-entrepreneur-turns-trash-into-cash/" target="_blank" rel="noopener noreferrer">interest from the private sector</a> to recycle the organic waste, plastic, metal and glass, and install an incineration plant to generate electricity from the rest, but the project got stuck in the bureaucracy with reports that officials demanded kickbacks.Says environmentalist Bhushan Tuladhar: “Kathmandu’s solid waste mismanagement is once again making headlines as it does every monsoon. Unfortunately, the main obstacles to a solution have remained the same for the past five decades.”

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A load of rubbish

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

Visit Nepal in the monsoon

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

Nepal’s bubble economy

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

Flouting rules caused Saurya tragedy

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

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Walking, working, worshipping in Patan