<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1cda9c7e80680e0af37fjpeg.jpg" alt="" width="1312" height="875"/><figcaption>Photos: AMIT MACHAMASI</figcaption></figure>A huge crowd gathered around the two-tiered temple of Laxmi-Narayan in Patko Tole on this historic day as the sounds of jhyalijhyamta filled the air.70-year-old Chandraprava Shakya, standing next to the temple with a huge smile on her face, said: “Laxmi-Narayan travelled to America, but he missed being home."On Saturday, the 800-year-old stele of Laxmi-Narayan, <a href="https://www.nepalitimes.com/banner/the-homecoming-of-nepals-gods/" target="_blank" rel="noopener noreferrer">stolen in 1984</a>, was finally reinstated to its original plinth. At 11, the Patan Museum courtyard was packed to the walls as devotees and attendees witnessed the handing-over of the statue from the Museum to the residents of Patko Tole.As the 85cm x 48.9cm statue was brought out of the gallery, people rushed to offer their devotion. Laxmi-Narayan was then placed inside a palanquin with gilded roof, and carried around the Darbar Square accompanied by chants of “Laxmi-Narayan ki jay!” When the procession reached Patko Tole, it made three turns of the temple before the god was interred inside.Read also: <a href="https://www.nepalitimes.com/banner/the-enigma-of-arrival-of-nepals-gods/">The enigma of arrival of Nepal’s gods</a>, Ashish Dhakal<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1cdd9c7e80680e0af380jpeg.jpg" alt="" width="1375" height="917"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1ce09c7e80680e0af381jpeg.jpg" alt="" width="1329" height="886"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1ce49c7e80680e0af382jpeg.jpg" alt="" width="1375" height="917"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1ce79c7e80680e0af383jpeg.jpg" alt="" width="1430" height="953">Bimal Lal Shrestha, whose ancestors originally built the temple centuries ago, sat outside with his family and the priest to perform the kshyama puja, the ritual yagya between them. “Kshyama puja is done to ask forgiveness for any sin committed during rituals,” said the priest, Basudev Jwalananda Rajopaddhyaya. “And today was chosen because it is aunsi which is auspicious to Laxmi.”Shrestha's family has also been carrying the tradition of worshipping the deity on Nirjala Ekadashi (which falls in June-July) every year.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1cea9c7e80680e0af384jpeg.jpg" alt="" width="720" height="480"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1cec9c7e80680e0af385jpeg.jpg" alt="" width="1440" height="960"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1cef9c7e80680e0af386jpeg.jpg" alt="" width="1289" height="860"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1cf29c7e80680e0af387jpeg.jpg" alt="" width="1440" height="960"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1cf59c7e80680e0af388jpeg.jpg" alt="" width="1266" height="844"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1cf89c7e80680e0af389jpeg.jpg" alt="" width="1404" height="936">A new wooden door has been fitted to the temple, and CCTV and motion sensors have been installed inside to prevent further theft. The returned statue stands in between the replica on the left and the original stone inscription eroded with age on the right.A special garment and ornaments of copper with traces of gold and silver, which have been in Bimal Lal Shrestha’s family for generations, were fitted to the statue at the end of the puja. He remarked: “We had been unable to use them all these years since they didn’t fit the replica.”Now, back home after 38 years, Laxmi Narayan looks beautiful – content and complete, smiling at last.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1cfc9c7e80680e0af38ajpeg.jpg" alt="" width="1253" height="836"><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1cff9c7e80680e0af38bjpeg.jpg" alt="" width="640" height="480"><figcaption> </figcaption></figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1d029c7e80680e0af38cjpeg.jpg" alt="" width="1440" height="960"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1d059c7e80680e0af38djpeg.jpg" alt="" width="2048" height="1536"><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1d089c7e80680e0af38ejpeg.jpg" alt="" width="1200" height="1600"><figcaption> </figcaption></figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1d0b9c7e80680e0af38fjpeg.jpg" alt="" width="1265" height="843">

Ashish Dhakal

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Laxmi-Narayan is home

<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1c659c7e80680e0af358jpeg.jpg" alt="" width="1000" height="667"/><figcaption>Photo: MONIKA DEUPALA</figcaption></figure>A narrow street behind Patan’s Krishna Mandir leads to Patko Tole with its two-tiered temple dedicated to Laxmi-Narayan. It was from here that a 800-year-old stone idol was stolen one night in 1984.Devotees came in the morning for their daily prayer rituals to find an empty niche where the Laxmi-Narayan statue was, with bricks strewn around. Six years later, the stele finally surfaced in New York while being auctioned at the Sotheby’s.It was bought by David T Owsley, a prominent American collector of antiquities, who gave it to the Dallas Museum of Art on a 30 year long-term loan where it was displayed in 1993 for first time after its theft.Back in Patan’s Patko Tole, Bhai Raja Shrestha remembers the commotion that morning 37 years ago when neighbours found their god missing. The androgynous idol was eventually <a href="https://www.nepalitimes.com/here-now/replicating-nepals-stolen-gods/">replaced with a replica</a>.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1c689c7e80680e0af359jpeg.jpg" alt="" width="1330" height="992"><figcaption> </figcaption></figure>“People still came to do puja every day, but it was not the same thing,” recalls Shrestha, who is now 79. “We had no hope of finding the lost god and with the disappearance of our patron deity, the community also started falling apart.”Information about the Laxmi-Narayan finally was first found in the <a href="https://issuu.com/dallasmuseumofart/docs/dma_artsofindiasoutheastasia2">museum catalogue in 2013</a>, but the real breakthrough came six years ago when an anonymous blogger posted a picture of the exhibit at the Dallas Museum of Art and American artist <a href="https://archive.nepalitimes.com/article/nation/Narratives-of-Faith-and-Memory-Remembering-the-Lost-Sculptures-of-Kathmandu-exhibition,987">Joy Lynn Davis</a> located the idol on display through Google Image Search.Davis was familiar with the statue because the Laxmi-Narayan was one of the paintings in her 2013 exhibition at the Patan Museum depicting shrines in which she replaced the stolen sacred objects with their images in gold.It took another six years for the Dallas Museum of Art to remove the stele from its display. After relentless media coverage, an FBI investigation, and diplomatic pressure, the Laxmi-Narayan was flown back to Kathmandu <a href="https://www.nepalitimes.com/banner/the-homecoming-of-nepals-gods/">in April</a> and handed over to the Patan Museum for safekeeping."Diplomacy isn’t just about politicians, agreements, or high-level meetings. It’s about people and connection," says US Ambassador to Nepal, Randy W Berry. "One of the things that connects us most is respect for one another’s culture. The fact that so many of Nepali’s cultural and religious artifacts have been stolen is tragic - but it’s a tragedy that I hope is reversing."<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1c6b9c7e80680e0af35ajpeg.jpg" alt="" width="1200" height="842"><figcaption> </figcaption></figure>"We hope to inspire other countries and museums to look into the issue and help reunite Nepali communities with their lost artifacts," he adds. "I know we will do whatever we can to ensure other pieces of Nepali cultural and religious heritage also come home."The god will be enshrined once more in its original sanctum at the temple in Patko Tole amidst a procession and ceremony on 4 December — nearly 40 years after being in foreign custody.“It is a truly joyous occasion,” says Bhai Raja Shrestha. “Even when one brick stolen from the temple is returned, it is special to us.”The Patko Tole community has deliberated long and hard about where to put the 10th - 15th century idol that depicts a composite figure of Laxmi and Vishnu. Only seven of the eight arms on the stone sculpture are still intact, and carry various objects attributed to the two gods: wheel, mace, lotus, manuscript, mirror and water pot.The replica at the temple has its lost arm holding a conch shell restored, and it has already been moved to the left side of the shrine to make way for the original, which will be prominently displayed and anchored to the altar with concealed stainless steel bars.“The fact that it is a little damaged is not a major concern,” says Bhai Raja Shrestha. “We will worship both the original and the replica at the temple.”Shrestha dismisses concern that the statue might be stolen again. Besides the steel bars put up by the <a href="https://kvptnepal.org/">Kathmandu Valley Preservation Trust</a> (KVPT), the Kathmandu University Department of Electrical and Electronic Engineering has installed infrared movement sensors, CCTV coverage, and door contact detection gadgets.“There is no market value for the statue now. Because of the media coverage, no museum or collector will want to buy or hold a stolen item,” says KVPT’s Rohit Ranjitkar.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1c6e9c7e80680e0af35bjpeg.jpg" alt="" width="694" height="909"><figcaption> </figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1c719c7e80680e0af35cjpeg.jpg" alt="" width="1000" height="667"><figcaption> </figcaption></figure>American arts crime professor Erin Thompson agrees. The US, UK and Nepal are among 141 countries which have ratified the <a href="http://portal.unesco.org/en/ev.php-URL_ID=13039&amp;URL_DO=DO_TOPIC&amp;URL_SECTION=201.html">1970 UNESCO international treaty</a> to prohibit and prevent the illicit import, export and transfer of ownership of cultural property.“Plenty of museums, collectors and dealers will say that there is no problem as long as the objects left Nepal before 1970,” says Thompson. “But <a href="https://whc.unesco.org/en/statesparties/np/laws/">that’s not legally true</a> since the objects are still essentially stolen no matter when.”At least in the United States, the legal climate is changing and public prosecutors have been seizing antiquities, no matter when they were stolen.Looking back at the paintings of Joy Lynn Davis, the return of Laxmi-Narayan to its original shrine is almost a manifestation of her art in real life, which has in turn helped to raise awareness about the stolen sacred objects.“I wanted to ask through my art if it was possible to imagine a future in which the statues are returned to their shrines,” says Davis, who like Thompson have flown to Kathmandu to attend the consecration ritual at Patko Tole on Saturday.Patan Museum has been holding several stolen objects that have been repatriated from abroad. At 11AM on Saturday, the Laxmi-Narayan will be adorned with a special copper garment and carried in a palanquin from the Museum to Patko Tole in a ceremonial procession for the kshyama puja – a ritual seeking forgiveness.“This consecration ceremony is a historical event, the Laxmi-Narayan also restores our faith and belief,” says Roshan Mishra of Taragaon Museum, who is also involved with the <a href="https://nepalheritagerecoverycampaign.org/">Nepal Heritage Recovery Campaign</a>.The Campaign was launched in September 2021 as a collaborative international effort for the repatriation and restitution of Nepal’s sacred stolen objects, as far as possible to its original community in Kathmandu Valley.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1c739c7e80680e0af35djpeg.jpg" alt="" width="640" height="960">The prominent driving force for the campaign as well as Saturday’s restitution of Laxmi-Narayan has been the continued significance and role of the sacred sculptures in Nepal’s culture, faith and heritage. The figures used to be <a href="http://archive.nepalitimes.com/news.php?id=7311#.YahVc1VByJA">actively worshipped when they were stolen</a>, but became mere sterile ‘objets d'art’  when exhibited at museums, or in the living rooms of rich collectors abroad.“At the Dallas Museum, the Laxmi-Narayan was exhibited out of context with a tag noting the statue's name, date and Nepal as the place of origin. Unless a visitor knew something about the culture of Nepal, it would be easy to assume the statue was part of an ancient civilisation and dug out of the ground,” says Joy Lynn Davis. “Of course, that it not the case. It was stolen, and not long ago.”<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1c769c7e80680e0af35ejpeg.jpg" alt="" width="640" height="427"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1c789c7e80680e0af35fjpeg.jpg" alt="" width="640" height="427">Read also: <a href="https://www.nepalitimes.com/here-now/nepal-wants-stolen-antiquities-returned-from-france/">Nepal wants stolen antiquities returned from France</a>, Alisha Sijapati<a href="https://www.nepalitimes.com/here-now/2-more-nepali-antiquities-traced-to-us-museum/">2 more Nepali antiquities traced to US museum</a>Indeed, unlike antiquities from Greece or Egypt, the Laxmi-Narayan and other stolen Kathmandu Valley deities were part of a vibrant living culture and represented a community’s collective faith and belief system, still in practice.An anonymous initiative on Facebook, Lost Arts of Nepal, has been actively tracking down on Nepal’s stolen heritage in museums and private collections abroad, and increasing awareness about our sculptures, struts and gods who are missing from their original homes.Nepal Times approached the account for a reaction, and this was the reply: ‘The restitution of the Laxmi-Narayan sculpture is a milestone in ongoing repatriation efforts. It will set an example and show to the world how our gods are important to the country’s cultural heritage.’<h3>What about all the other sacred objects stolen from Nepal?</h3><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1c7b9c7e80680e0af360jpeg.jpg" alt="" width="1000" height="662"><figcaption> </figcaption></figure>American arts crime professor Erin Thompson believes that appeals for repatriation henceforth can be made to museums and collectors using two arguments: legal and ethical.“Private collectors often hold the objects because there is sentimental value, so you can appeal to their love of culture,” Thompson says. “They can also be offered an opportunity to experience the meaning of the object first-hand by inviting them to Nepal for the restitution.”With the museums, the approach has to be different, as the recent restitution of several sacred objects from the United States, Austria and other countries have shown.“Museums do their research, record provenances, and as such do not have an excuse to say that they did not know if a certain object was stolen or not,” says Thompson.Indeed, more than legal arguments, museums can be pressured by naming and shaming on media, raising ethical concerns, diplomatic pressure and negotiations.“Publicity is really important in this case,” says Thompson (see <a href="https://twitter.com/artcrimeprof/status/1465806577860890627" target="_blank" rel="noopener noreferrer">tweet</a>). “Since these collections are driven by public interest and attention, and the Laxmi-Narayan restitution sets an important precedent.”The return of the Laxmi-Narayan shows that because these are objects of living worship by communities, attention should be paid to restitution and not just repatriation.Museums abroad often argue that the objects are much safer in their collection than in Kathmandu. And the continued theft of religious objects like the statue in <a href="https://www.facebook.com/diwakar.chettri/posts/10224235900352580" target="_blank" rel="noopener noreferrer">Godavari’s Panch Dhara</a> this week bolsters that argument.However, Thompson believes that Laxmi-Narayan’s successful return to its original temple makes a strong case for museums abroad to return other stolen gods they are holding.“Having seen the communities and shrines first-hand, I know that it is lie that the sacred objects are safer in museums abroad,” says Thompson. “It is ridiculous to think that Nepalis do not care about these statues and sculptures.”<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1c7d9c7e80680e0af361jpeg.jpg" alt="" width="465" height="837"><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1c7f9c7e80680e0af362jpeg.jpg" alt="" width="500" height="586"><figcaption> </figcaption></figure>Egypt and Greece have for decades been demanding that the British Museum and the Louvre return antiquities stolen in past centuries. In October, Germany and Nigeria signed an agreement setting out a timetable for the return of 1,100 objects from German museums. Artist Joy Lynn Davis believes that there is now a more conducive international climate for repatriation of antiquities, and <a href="https://www.nepalitimes.com/banner/nepals-gods-return-from-exile/">Nepal can take the lead</a>.Appealing to the conscience of collectors has worked in the past. In August 1994, an American collector voluntarily returned four gods after he was shown Lain Singh Bangdel’s photographs proving their public ownership: a 12th century Saraswati, a 9th century Buddha, a 14th century Surya, and a 10th century Vishnu. In 2000, the Museum für Indische Kunst in Berlin returned the 12th century Uma-Maheswar stolen from Wo Tole in Dhulikhel in 1982.In April, a 13th-century Chaturmukhi Shivalinga was handed over by the <a href="https://www.nepalitimes.com/here-now/how-nepali-antiquities-got-to-chicago-museum/">Art Institute of Chicago to</a> the Nepal Embassy in Washington DC, and in September the Denver Art Museum returned <a href="https://www.nepalitimes.com/latest/us-returns-another-antiquity-to-nepal/">the 10th century Uma-Maheswar</a> that had been stolen 50 years ago from Ga Hiti of Patan.One pressing concern is that the original shrines may have been destroyed or damaged in the 2015 earthquake. Some communities may also not be prepared to take the objects back right away.Suresh Man Lakhe of Patan Museum says that while the best option is always to give the repatriated objects to the community, museums in Nepal should also be prepared to hold them for safekeeping until the community is ready.“The priority is always full restitution,” Lakhe says, “But when these objects return, they do not immediately go back to their original places. So, Patan Museum is opening a gallery for returned objects while they await re-installation.”Apart from safekeeping, museums can also conduct necessary documentation and research, since some returned objects have not been properly identified.Lakhe adds, “To install them <a href="https://archive.nepalitimes.com/article/nation/Nepal-needs-to-be-prepared-for-the-return-of-stolen-religious-figures,986">in situ </a>is our priority. The deities become stale and stagnant in museums. Restored to their shrines, the gods can be worshipped again.”

The enigma of arrival of Nepal's gods

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

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.”

Not poor, but not rich

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>.

laxmi-narayan

Laxmi-Narayan is home

The enigma of arrival of Nepal's gods

Visit Nepal in the monsoon

Not poor, but not rich

Nepal’s bubble economy

Flouting rules caused Saurya tragedy