<img width="640" height="360" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109181112/636bdfe69c7e80680e083dc6jpeg.jpg" alt=""/><img width="640" height="360" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109181112/636bdfe89c7e80680e083dc7jpeg.jpg" alt="">Excavators at work on Thamdada, 24km south of Lukla, despite the fact that the Khumbu Municipality has run out of money to complete the Phaplu-Chaurikharka road. All photos: SURENDRA PHUYALExcavators are clawing through sheer cliff faces, rocks tumble down to the Dudh Kosi below, and once in a while the sound of dynamite echoes in the gorge. A new road linking the town of Chaurikharka just below Lukla to the rest of the country is due to open by December 2022, and work is going on despite the pandemic.Although the road will not enter the <a href="https://www.nepalitimes.com/banner/more-trekkers-more-trees/" data-saferedirecturl="https://www.google.com/url?q=https://www.nepalitimes.com/banner/more-trekkers-more-trees/&amp;source=gmail&amp;ust=1604554544964000&amp;usg=AFQjCNHgDnPyoWm5s33cFYmGv67Emd96qQ">Sagarmatha National Park</a> which is a UNESCO World Heritage Site, it will make trekking and climbing in the Everest region more accessible. But it will turn Lukla airfield largely redundant, while locals fear an erosion of the region’s Sherpa culture, architecture and lifestyle.On the Chinese side of Mt Everest, there is a <a href="https://www.nationalgeographic.com/adventure/adventure-blog/2016/05/04/how-the-everest-experience-is-different-in-china-versus-nepal/" data-saferedirecturl="https://www.google.com/url?q=https://www.nationalgeographic.com/adventure/adventure-blog/2016/05/04/how-the-everest-experience-is-different-in-china-versus-nepal/&amp;source=gmail&amp;ust=1604554544964000&amp;usg=AFQjCNEvh2A0em2QlpaKZ1Fq-HEk8HTALA">highway from Lhasa</a> right up to North Base Camp below the Rongbuk Glacier at 5,200m. Since 2016, it has become vital to transport goods and people for expeditions to the world’s highest mountain from the north. <a href="https://www.google.com/maps/dir/kathmandu/Phaplu+Airport,+Dudhakunda+56000/@27.5934293,85.6401045,9z/data=!4m13!4m12!1m5!1m1!1s0x39eb198a307baabf:0xb5137c1bf18db1ea!2m2!1d85.3239605!2d27.7172453!1m5!1m1!1s0x39e9155220d2b169:0xc7417bae421f2ebb!2m2!" data-saferedirecturl="https://www.google.com/url?q=https://www.google.com/maps/dir/kathmandu/Phaplu%2BAirport,%2BDudhakunda%2B56000/@27.5934293,85.6401045,9z/data%3D!4m13!4m12!1m5!1m1!1s0x39eb198a307baabf:0xb5137c1bf18db1ea!2m2!1d85.3239605!2d27.7172453!1m5!1m1!1s0x39e9155220d2b169:0xc7417bae421f2ebb!2m2!&amp;source=gmail&amp;ust=1604554544964000&amp;usg=AFQjCNFvCx5N59ljf6npdsMGi8vaV1RIww">Kathmandu is already linked through a 277km highway to Phaplu</a> of Solukhumbu district, which is a two-day trek below Lukla. Work started on the 77km road linking Phaplu to Chaurikharka six years ago, but progress has been slow due to difficult terrain, delays due to the 2015 earthquake and Blockade, and lack of money.This means that for at least the next two years, trekkers, climbers and local people will either have to trek from the nearest roadhead near Phaplu or Jiri-Shivalaya-Bamti Bhandar in Ramechhap district, or as many do, take a 30-minute flight to Lukla from Kathmandu. <img width="640" height="480" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109181112/636bdfea9c7e80680e083dc8jpeg.jpg" alt=""><img width="640" height="480" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109181112/636bdfec9c7e80680e083dc9jpeg.jpg" alt="">Sunkoshi Bridge at Harkapur on the highway from Kathmandu to Phaplu. Like all infrastructure projects in Nepal, completion of this road is delayed. Khumbu municipality has run out of money for the remaining 24km dirt track to Chaurikharka from Thamdada. The completion of the road was the pet project of the former Chair of Khumbu Rural Municipality, late Nim Dorje Sherpa who died in June. He believed that connecting Phaplu to Lukla would further <a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/khumbu-then-and-now-global-warming-climate-change,4017" data-saferedirecturl="https://www.google.com/url?q=https://archive.nepalitimes.com/article/Nepali-Times-Buzz/khumbu-then-and-now-global-warming-climate-change,4017&amp;source=gmail&amp;ust=1604554544964000&amp;usg=AFQjCNHaP0o9BgraYJw55E9-sqlD8hMiSw">lift living standards</a>, bring down prices, and reduce the drudgery of his Sherpa people.  “It’s still our top priority project,” says Lhakpa Tsheri Sherpa of Khumbu Municpality, adding that the construction has been delayed somewhat by the Covid-19 crisis which has also devastated the region’s trekking and climbing income this year. Khumbu used to earn Rs200 million a year just from trekking and climbing fees, not counting the what visitors paid for lodging, food and portering. This year, the income is down to Rs60 million.“It is because of this loss of income that the construction of this last 24km stretch slowed down,” explained Binod Bhattarai, Chief Administrative Officer of Khumbu Municipality. “Now there is hardly any money to complete the project. We are struggling.”The Municipality has decided to <a href="https://www.nepalitimes.com/here-now/everest-trail-reopens-but-cautiously/" data-saferedirecturl="https://www.google.com/url?q=https://www.nepalitimes.com/here-now/everest-trail-reopens-but-cautiously/&amp;source=gmail&amp;ust=1604554544964000&amp;usg=AFQjCNHIPb7onJEzgigD7Fidduui2e5d4w">open Khumbu for trekking and climbing</a> even though <a href="https://www.nepalitimes.com/latest/everest-trek-closed-open-closed-open-again/" data-saferedirecturl="https://www.google.com/url?q=https://www.nepalitimes.com/latest/everest-trek-closed-open-closed-open-again/&amp;source=gmail&amp;ust=1604554544964000&amp;usg=AFQjCNGd0Y4ezsvNNewMfGjSwlz6S-chMw">nine Covid-19 cases</a> were detected in Namche Bazar last month, and it could have spread. Local people have stopped trekkers from going above Pangboche on the <a href="https://www.nepalitimes.com/here-now/everest-trail-reopens-but-cautiously/" data-saferedirecturl="https://www.google.com/url?q=https://www.nepalitimes.com/here-now/everest-trail-reopens-but-cautiously/&amp;source=gmail&amp;ust=1604554544964000&amp;usg=AFQjCNHIPb7onJEzgigD7Fidduui2e5d4w">Everest Trail.</a>South of Lukla on Thamdada, bulldozers are at work on the track, while flights to and from Lukla buzz overhead all morning. The road alignment then drops precipitously to the river and Surke helipad below Lukla, before a final ascent to Chaurikharka.   <img width="640" height="541" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109181112/636bdfee9c7e80680e083dcajpeg.jpg" alt=""><img width="640" height="405" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109181112/636bdff29c7e80680e083dcbjpeg.jpg" alt="">Bhattarai is not giving up, he says: “The Province 1 government has assured financial support for this project, and other officials and MPs, too, have said that the work need not stop. So, we are hoping that we can make up for lost time.”  Not everyone in Khumbu is happy with the road. They think it will spoil the region’s pristine beauty and fragile culture, as has happened when roads have reached other parts of remote Nepal in recent years. Sonam Gyalzen Sherpa from Namche, who is chair of the Sagarmatha National Park Buffer Zone Management Committee, says the economy has to be balanced with ecology. “The Road will enter the boundary of the national park from Surke and it will surely have some adverse impact on local culture and nature,” he said. "But since the Khumbu is remote and needs a road we are trying to ensure that the EIA is carefully done and its recommendations are strictly adhered to. It will be a big challenge for sure. We are currently discussing how we can mitigate damage." However, there are also strong voices in support of the road. A cylinder of cooking gas that costs Rs1,500 in Kathmandu is Rs15,000 in Gokyo or Lobuje in Upper Khumbu. The cylinders have to be taken on a 12 hour truck ride to Phaplu, then transferred to mule trains that take several days to get up to Namche. Sugar, salt and other food items cost several times more than in Kathmandu. <figure><img width="640" height="359" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109181112/636bdff59c7e80680e083dccjpeg.jpg" alt=""><figcaption> </figcaption></figure>“The road will surely make our life easier,” says Ang Jangmu Sherpa who runs a lodge in Debuje on the Everest Trail. “It will encourage more Nepalis to come trekking, and make certain goods such as cooking gas more affordable.” Says Ang Rita Sherpa of Lukla’s Numbur Hotel: “Even if there is a road, most foreign trekkers  are not going to travel to Lukla on a rough 14 hour road, but it will raise living standards in Khumbu.” “With careful planning to reduce environmental impact and maintain the quality of the trekking experience, tourism in Upper Khumbu can benefit from the new vehicular road access to Chaurikharka,” says Sonia Miyahara, Managing Director of Hotel Everest View. <figure><img width="640" height="359" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109181112/636bdff79c7e80680e083dcdjpeg.jpg" alt=""><figcaption> </figcaption></figure>Besides the lack of money, the road has several other terrain-related hurdles. A dozen bridges need to be built across the Dudh Kosi gorge with a big one in Orlang Ghat that will cost Rs80 million.Locals lament that despite the central government bragging about <a href="https://www.nepalitimes.com/from-the-nepali-press/khumbu-wants-its-share/" data-saferedirecturl="https://www.google.com/url?q=https://www.nepalitimes.com/from-the-nepali-press/khumbu-wants-its-share/&amp;source=gmail&amp;ust=1604554544964000&amp;usg=AFQjCNF89s3tjIo1yI1NcPwoLO9YCjANKQ">Mt Everest and Khumbu</a> as an adventure destination and collecting revenue from fees, it has not chipped in for the road project.“The federal government has done very little to help despite us knocking on doors of various ministries,” said the Municipality’s Lhakpa Tsheri Sherpa. Locals are hoping that even if the 10m wide highway is not fully completed, the track will allow trucks and jeeps to negotiate the final stretch by 2022. <figure><img width="640" height="359" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109181112/636bdff99c7e80680e083dcejpeg.jpg" alt=""><figcaption> </figcaption></figure>In Kathmandu, Infrastructure Minister Basata Kumar Nembang told Nepali Times that the federal government was committed to the project: “The Phaplu-Lukla road is one of the plans we have given high priority even in this pandemic situation. That road project will go ahead as demanded by local representatives.”Whatever the arguments for and against the road, one thing it will do is remove the need for travellers to be stuck, <a href="https://www.nepalitimes.com/banner/more-than-luck-in-lukla/" data-saferedirecturl="https://www.google.com/url?q=https://www.nepalitimes.com/banner/more-than-luck-in-lukla/&amp;source=gmail&amp;ust=1604554544964000&amp;usg=AFQjCNGf2wUGvgGL_IbTpxqvU1Q1NX-ayA">sometimes for weeks in Lukla</a>, due to bad weather.

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Nepal building a highway to Everest

<figure><img width="1500" height="1001" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101116/636b70be9c7e80680e060094jpeg.jpg" alt=""/><figcaption>All Photos : MANISH PAUDEL</figcaption></figure>It is a truism in tourism of the Himalaya that the closer we get to the mountains, the less we see of them. This holds for the <a href="Annapurna%20Base%20Camp%20Trek" target="_blank" rel="noopener">Annapurna Base Camp Trek</a>, which follows the narrow <a href="https://www.nepalitimes.com/banner/go-take-a-hike/" target="_blank" rel="noopener">Mardi Valley</a> where Machapuchre is hidden by towering cliffs. And it is true of the <a href="https://www.nepalitimes.com/banner/everest-fights-back/" target="_blank" rel="noopener">Everest Trek</a>, where the highest mountain in the world is not visible after Tengboche, unless trekkers climb Kala Patthar.For the best panoramas of the mountains, therefore, one has to step back to mid-mountain peaks, like Pathibhara in Taplejung for a view of <a href="https://nepalitimes.atavist.com/the-kingdom-of-cardamom" target="_blank" rel="noopener">Mt Kangchenjunga</a> and Jannu, or Kalinchok for a grandstand view of Mt Gauri Shankar. Then there are peaks like Pulchoki on the southern rim of Kathmandu Valley, Bandipur for a tour d’horizon of the entire Central Nepal Himalaya, and the famous Poon Hill for the vista of Dhaulagiri and Annapurna. <img width="1500" height="1001" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b70c19c7e80680e060095jpeg.jpg" alt="">But one of the best kept secrets of trekking in Nepal is Pikey Peak in Solu, which offers a view of eight of Nepal’s eighthousanders from one place, including Mt Everest. The 4,065m peak used to be a favourite of Sir <a href="https://www.nepalitimes.com/banner/hillary-centenary/" target="_blank" rel="noopener">Edmund Hillary</a> after he climbed it to take a look around during the walk-in on his 1953 expedition.For several decades after that Pikey was isolated because it was so difficult to get to, and most people doing the Everest Base Camp trek overflew Pikey en route to <a href="https://www.nepalitimes.com/here-now/everest-garbage-caravan/" target="_blank" rel="noopener">Lukla.</a> Indeed, there is a parade of planes overhead every morning doing the Kathmandu-Lukla ferry.https://www.youtube.com/watch?v=1vDEMl1dCdg&amp;feature=youtu.beBut with new roads from Kathmandu to Jiri and the Solu Highway reaching Phaplu via Okhaldhunga, Pikey is suddenly accessible. After major snowfall last month, Pikey saw dozens of Nepali youngsters roughing it out on a camping trip. <img width="1500" height="1001" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b70c59c7e80680e060096jpeg.jpg" alt="">Winter is the not the best time for a Pikey hike, but the views can be stunning especially after snowfall blankets the mountains in white. The best time is actually early spring when rhododendron forests are abloom in pink, red and white and the mountains are dazzling against deep blue skies. <img width="1500" height="1001" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b70c99c7e80680e060097jpeg.jpg" alt="">Since few people know about Pikey, visitors will find the trails deserted and the tea shops basic, although new lodges are now coming up, and the local Sherpa community is trying to promote homestay tourism. Pikey is revered by the Sherpas as a deity and climbing it does seem more like a pilgrimage than a trek.The fortunate thing about Pikey is that you can make it a circuit so you do not have to come down the same way you went up. A recommended itinerary is to drive up the Jiri Road from Kathmandu, continue on to Shivalaya, following the old trek route <a href="https://www.nepalitimes.com/banner/on-thin-ice-in-the-khumbu/" target="_blank" rel="noopener">to Khumbu</a> before Lukla airstrip was built in 1968. <img width="1500" height="1001" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b70cb9c7e80680e060098jpeg.jpg" alt="">From Shivalaya it is a leisurely three-day trek to Bhandara, Namkheli and Pikey Danda with only some steep sections. The trail winds through thick oak and rhododendron forests, with pine giving way to grasslands in the higher reaches.What is astounding is that from Pikey on a clear day one can see more than 800km of horizon from Dhaulagiri to Kangchenjunga. All along during the walk-in, Annapurna, Manaslu, Mt Everest, Cho Oyu, Makalu, Lhotse, Kangchenjunga and other eight-thousanders play hide and seek behind lesser but nearer peaks. But smack in front is the elegant summit of Mt Numbur, standing tall above Mt Karyolung. <img width="1500" height="1001" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b70cf9c7e80680e060099jpeg.jpg" alt="">Sunrise from Pikey Peak is a ‘lifetime experience’ as the slogan for <a href="https://www.nepalitimes.com/opinion/make-sure-you-visit-nepal-in-2020/" target="_blank" rel="noopener">Visit Nepal 2020</a> puts it. The sun rises from behind Kangchenjunga, illuminating the peaks to the north one by one, even as the valleys below are shrouded in fog.For the return, the descent can be down to Junbesi, and on to Phaplu, from where you can either take a flight back to Kathmandu or make the trip by road. For those pressed for time, you can make a flight in and out from Phaplu with a circuit to Pikey via Lamjura and down through Dhap. (See map).  <img width="1000" height="1118" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b70d29c7e80680e06009ajpeg.jpg" alt="">...

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Lifetime experience on Pikey Peak

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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Flouting rules caused Saurya tragedy

Walking, working, worshipping in Patan