<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114131124/637233c49c7e80680e0c48fajpeg.jpg" alt="" width="1500" height="1124"/><figcaption>All photos: VOLUNTEER CORPS OF NEPAL</figcaption></figure>Seasonal floods are a given in Nepal, and some are <a href="https://www.nepalitimes.com/latest/monsoon-hits-nepal-with-a-bang/">more destructive</a> than others. Incessant rain from 2 August last week in Eastern Nepal had caused Kosi to swell, inundating several settlements of Udaypur and Sunsari districts in Province 1, and eroding the western embankment in the Dumribote area.Some 2,500 families in Belaka Municipality of Udaypur and Barahchhetra Municipality in Sunsari had to be relocated following the flood and 20,000 people were displaced.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114131124/637233c79c7e80680e0c48fbjpeg.jpg" alt="" width="1500" height="1124"><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114131124/637233cb9c7e80680e0c48fcjpeg.jpg" alt="" width="750" height="762"><figcaption>The Kosi megafan showing the historic river beds in the Nepal Tarai and downstream in Bihar.</figcaption></figure>The good news is that the Nepal Army, Armed Police Force, Nepal Police, volunteers and locals moved quickly to rescue people who were then taken to shelters in schools and community buildings.Read also: <a href="https://www.nepalitimes.com/banner/kathmandus-flash-floods-are-4-decades-in-the-making/">Kathmandu’s ‘flash floods’ are 4 decades in the making</a>, Tom Robertsonhttps://www.youtube.com/watch?v=34lmOgPv-zk&amp;feature=emb_imp_woytBut even as evaluation of the cause of the 2 August flood was on-going, another heavy downpour in the area on 6 August added to the damage. At last 208 more families have been affected in Ward 1 of Belaka Municipality.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114131124/637233ce9c7e80680e0c48fdjpeg.jpg" alt="" width="1500" height="1124"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114131124/637233d19c7e80680e0c48fejpeg.jpg" alt="" width="1500" height="1124"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114131124/637233d49c7e80680e0c48ffjpeg.jpg" alt="" width="3000" height="1044">“We were on our way back after assessing the damage caused by the first flood when another <a href="https://www.nepalitimes.com/banner/kathmandus-flash-floods-are-4-decades-in-the-making/">torrential rainfall hit</a> us. Three rivers on the way to Ramnagar had swollen and we got stuck,” says mayor Ashok Karki. “We were witness to the damage, it is the largest flood to have occurred in the area in the last 10 years.”The water-logged houses have since dried up and most families have returned home. However, 67 families are still in shelters in local schools.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114131124/637233d79c7e80680e0c4900jpeg.jpg" alt="" width="1500" height="1124"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114131124/637233db9c7e80680e0c4901jpeg.jpg" alt="" width="1500" height="1124">One of the organisations actively participating in the rescue, relief and assessment of the flooded area is Volunteer Corps Nepal (VCN) which was a first responder and helping in the relocation of the people.The team in coordination with the municipality office has been assessing the extent of damage caused by the flood as well as providing relief supplies including food, kitchen items, hygiene kits, mats and mosquito nets. Financial support for the relief was provided by the Hong Kong charity Sowers Action.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114131124/637233de9c7e80680e0c4902jpeg.jpg" alt="" width="1024" height="768"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114131124/637233e09c7e80680e0c4903jpeg.jpg" alt="" width="1024" height="768"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221114131124/637233e39c7e80680e0c4904jpeg.jpg" alt="" width="1024" height="576">Even though this year’s flood was not as devastating as the one in 2008 when the Kosi breached its eastern embankment, destroying crops and homes and displacing 70,000 people in Nepal and 3 million in downstream Bihar in India, experts say the Kosi will constantly search for its previous riverbed in its inland delta after flowing down from the mountains.The Kosi drains the south and north sides of <a href="https://www.nepalitimes.com/banner/danger-nepals-glacial-lakes-are-filling-up/">Mt Everest and Makalu</a> and has one of the <a href="https://www.nepalitimes.com/banner/nepals-mountains-are-melting/">highest sediment loads</a> of any river in the world. A barrage built in 1956 by India in the border has become a part of the problem because the river is now flowing 3 meters higher than the surrounding land.Last week’s embankment breach could be a <a href="https://www.nepalitimes.com/banner/on-high-monsoon-alert-in-nepal/">warning for the future</a> as the climate crisis makes the monsoon more erratic with intensifying periods of droughts and floods, and increases the danger of multiple glacial lake outbursts in the catchment areas of eastern Nepal.Read more: <a href="https://www.nepalitimes.com/banner/nepals-mountains-are-melting/">Nepal’s mountains are melting</a>, Alton C Byers

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The Kosi returns to its old ways

<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b712a9c7e80680e0600b9jpeg.jpg" alt="" width="1500" height="1109"/><figcaption>Photos: Arun S Rana</figcaption></figure>Few Nepalis know where Kamchatka is, and the ones who do probably heard about it from the board game ‘Risk’, where it is described as the remote region between Asia and North America.Kamchatka Krai, as it is known in Russia, is a land of active volcanoes and hundreds of thousands of pristine rivers that flow down to the Sea of Okhotsk. It teems with brown bears, salmon and trout.For a group of eight Nepalis brought together by their passion for fishing, this was paradise. In the past, they had explored Himalayan rivers in Nepal and India in <a href="http://archive.nepalitimes.com/news.php?id=18700#.XileCP4zbIU" target="_blank" rel="noopener">pursuit of the iconic golden mahseer</a>. But overfishing, habitat loss and failures of conservation have led to massive depletion of this magnificent fish.Taking a roundabout route via Muscat and Moscow, the Nepali fishermen landed in Petropavlovsk-Kamchatsky Airport 43 hours after leaving Kathmandu.  Our guides for the trip, Andrey, Victor and Serge, and our cook Tanya, met us at the airport, and took us to a store to buy supplies – including a stock of vodka, an essential in Russia for warding off the cold.Read also: <a href="http://archive.nepalitimes.com/news.php?id=18700#.XileCP4zbIU" target="_blank" rel="noopener">Quest for gold</a>, Arun RanaWe had all bought waders in the hopes of fly fishing, but these were more useful as wind breakers. Despite the thick thermals we wore under them, we found it too cold to stand in the water of the Bystraya River for more than 15 minutes at a time. Meanwhile, the macho Russians bathed in the frigid water and walked around in t-shirts.https://www.youtube.com/watch?v=LMKiJOJXClI&amp;feature=youtu.beThere are six species of Pacific salmon, and all of them swim in the waters of Kamchatka. From June to October, different species run up the rivers at different times to spawn. Unlike our golden mahseer which also migrate upriver to spawn but return to the depths of our big rivers every year, a salmon spends its early life in the river and then enters the ocean where it grows into an adult. After two to five years, the salmon swims back up the river to the exact spot where it was born, to spawn and then die.The indigenous people of this region revere the salmon as a deity. Brown bears gorge on salmon and store the energy thus gained to sustain them through their winter hibernation. Rainbow trout, char and grayling feed on salmon eggs and decaying salmon flesh. What the bears and other fish do not consume decays and provides nutrition for the vegetation along the rivers.Read also: <a href="https://www.nepalitimes.com/banner/the-wellbeing-of-the-wilderness/" target="_blank" rel="noopener">The wellbeing of the wilderness</a>, Mikel DunhamWhen we stepped into the Bystraya in mid-September, the last of the sockeye salmon were bright red and exhausted. Big silver spinners shimmering in the water imitated trout, and even as they gasped for life, the dying sockeyes bravely fought off predators to protect their eggs.The sight of thousands of juvenile salmon leaping joyously into the air was comforting. We slept well knowing that the sockeye had done their duty, and that millions of salmon would be swimming into the Sea of Okhotsk this year as they have for countless years.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b712d9c7e80680e0600bajpeg.jpg" alt="" width="1500" height="1109">Salmon undergo a drastic metamorphosis when they enter freshwater rivers from the ocean. Their bodies contort into humps and they develop beaks and gnarly teeth. Fish that are bright silver in the ocean turn red and green in the river, and are considered inedible. Only the silver salmon are eaten.On the first two days we could not hook a rainbow trout, until we discovered that they were taking pink flies. Up to 15 rainbow trout were then hooked before lunch, including a monster 24-incher that weighed 4.5 kg.Read also: <a href="https://www.nepalitimes.com/banner/dams-and-dreams-a-journey-down-the-karnali/" target="_blank" rel="noopener">Dams and dreams a journey down the Karnali</a>, Ramesh BhushalAs we ventured into the Kamchatka wilderness, autumn had coloured the forest in yellow and red, interspersed with green. Every living thing was stocking up for winter. A dozen brown bears were fat from their salmon diet, and human beings too were storing salmon, cleaning hundreds of fish and packing them in beds of salt to preserve them through the winter. It is impossible not to develop a deep reverence for the salmon, and we all hoped that sustainable angling would win over commercial greed.Every evening we stopped rafting around five o’clock, and set up camp for the night. Our three guides used chainsaws to quickly cut logs for the fire, and before long Tanya had two pots on them, one for coffee and the other for borsht. Inside the dining-kitchen tent, she got on with other dishes – some of the tastiest meals we had ever eaten.Read also: <a href="https://archive.nepalitimes.com/article/nation/rafting-in-the-wild-west,3041" target="_blank" rel="noopener">Rivers of Nepal’s Wild West</a>, Yu Wei Liew<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b71309c7e80680e0600bbjpeg.jpg" alt="" width="640" height="480"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b71339c7e80680e0600bcjpeg.jpg" alt="" width="640" height="480"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b71369c7e80680e0600bdjpeg.jpg" alt="" width="640" height="427"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109101120/636b71399c7e80680e0600bejpeg.jpg" alt="" width="640" height="427">Fresh caviar, straight out of the salmon gut, washed and lightly salted; fried salmon steak; baked rainbow trout; grayling sashimi; pumpernickel bread; pancakes and an assortment of chocolates for dessert. Generous shots of vodka, of course, to wash it all down. The organisation of the trip was meticulous and exemplary.We landed more than a hundred fish in five days, and learned that fish see in colour -- how else do you explain the trout’s preference for pink flies?  We learned that despite their rough exterior, Russians are mild-mannered, honest, hard-working people who look after their guests well.It is heartening to know that there are still a few magical, untouched places on this planet where human beings and nature coexist.  For us Nepalis, there was a parting wish that we could keep just one river in our own country flowing free and clean, and that we might set it aside to save the mighty golden masheer.Read also: <a href="http://archive.nepalitimes.com/news.php?id=18383#.XilfcP4zbIU" target="_blank" rel="noopener">Save our rivers from ourselves</a>, Megh AleArun S Rana is a fishing enthusiastshaivax@gmail.com

Nepalis go salmon fishing in Kamchatka

<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107171112/63692ee79c7e80680e03c078jpeg.jpg" alt="" width="1400" height="853"/>Hurricane Florence and typhoon Mangkhut, droughts and record-breaking temperatures this summer have highlighted the increasing threats of extreme weather events in a warming world. Although impact of climate change on weather is still not well understood, intense short duration rainfall events are becoming more frequent in Nepal and across the world.Nepal is one of the most vulnerable countries in the world to climate change. For the country and its people to successfully adapt, it is necessary to better understand changing rainfall hazards so new strategies can be developed for farming, drought management, flood risk reduction, a healthier landscape and more robust infrastructure and services.The inability of global and regional circulation models to capture climate dynamics over Nepal due to low spatial resolution means that it is difficult to project future rise in temperature and changes in rainfall.Read also:<a href="https://www.nepalitimes.com/banner/on-thin-ice-in-the-khumbu/" target="_blank" rel="noopener">On thin ice in the Khumbu</a>, Kunda DixitThe models incorporate some differentiation between the country’s east, centre and west but do not account for the north-south topographic gradient of the Himalaya. This means existing simulations do not accurately represent the changes in monsoon circulation.The higher elevations in the Himalaya involve three dimensions critical for the health of the water cycle of the Ganga Basin downstream: snowfall, snow and ice reserves, and glaciers. There is now better understanding of the risks of glacial retreat, but there is not much on-the-ground study of the impact of snow and ice recession on regional hydrology.A report in 2014 by the Kathmandu-based International Centre for Integrated Mountain Development (ICIMOD) and the Department of Hydrology and Meteorology (DHM) said that there were 3,808 glaciers in Nepal covering a total area of 3,902 km2 with an estimated ice reserve of 312 km3. It said the total glacier area decreased by 24% between 1977 and 2010 and the estimated ice reserves by 29% (129 km3). This means that in the three decades since, the tributaries of the Ganga River were deprived of an average base flow of 123 cubic metres per second of water.The rate of glacial melt in the Himalaya due to global warming is an inexact science. In 2007, the Inter-governmental Panel on Climate Change (IPCC) was dragged into controversy following a publication of a report that said Himalayan glaciers could all melt away by 2035. When several scientists questioned this proposition as unrealistic, the IPPC admitted that ‘the findings were based on poorly substantiated estimates of rate of recession and date for the disappearance of Himalayan glaciers and the clear and well-established standards of evidence … were not applied properly’.However, the 2014 report of ice reserve depletion, if true, should make everyone sit up because of its serious consequences. Changes in snowfall patterns as well as melting of ice reserves mean serious risks locally, to the regional hydrological system and the hundreds of millions of people living downstream.Not much has been done to make more realistic estimates of rate of ice reserve depletion and assess its implications. The institutional response to assess changing snow dynamics and its effect on the dry season flow of snow-fed rivers has been grossly inadequate.Read also: <a href="https://archive.nepalitimes.com/article/editorial/right-climate-for-change,1390" target="_blank" rel="noopener">The right climate for change</a>, Editorial<a href="http://archive.nepalitimes.com/page/living-through-the-himalayan-thaw" target="_blank" rel="noopener">Living through the Himalayan Flaw</a>, Ayesha ShakyaThere are very few stations that monitor snowfall at elevations above 3,000m. Snowfall is not regularly monitored even in existing stations, except episodically when international research organisations work in partnership with DHM.This low priority corresponds to the inadequate budget allocated to DHM to be Nepal’s climate science institution. According to Climate Change Financing Framework, Rs393 billion (31% of its annual budget) is allocated to climate change. But the DHM’s annual budget at Rs714 million is only 0.18% of this allocation. In the previous fiscal year, the DHM could spend only 27% of even that paltry amount.This low spending capacity is a reflection of deeper institutional challenges: inability to set priorities, systemic apathy, bureaucratic hurdles, societal inability to nurture a scientific ethos and the government’s unwillingness to transform DHM into a Nepali version of US Geological Survey to provide high quality climate services. Interestingly, it was USAID that helped establish DHM in early 1960s, but the department never really morphed into Nepal’s premier institution for research into climate impact.The changing nature of rainfall hazards, as one of the determinants of climate change, have exacerbated vulnerabilities in Nepal. Continued low investment and apathy in buttressing the country’s climate science capacity also mean that Nepal and its people are poorly prepared for future disasters induced by climate change.Ajaya Dixit is Executive Director of Kathmandu based ISET-Nepal. This is the first of his monthly column Climate for Change in Nepali Times, dealing with the impact of global warming in Nepal.Read also: <a href="http://archive.nepalitimes.com/article/editorial/climate-climax,3651" target="_blank" rel="noopener">Climate Climax</a>, Editorial<a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/Climbing,424" target="_blank" rel="noopener">Climbing in Climate Change</a>, Bhrikuti Rai<a href="https://archive.nepalitimes.com/page/american-couple-bicycle-across-asia-to-learn-about-effects-of-climate-change" target="_blank" rel="noopener">A lot riding on climate</a>, Claire Li Yingxue and Stéphane Huët"<a href="http://archive.nepalitimes.com/news.php?id=14275#.W7X2NnszbIU" target="_blank" rel="noopener">Climate change will fundamentally change Nepal</a>"<a href="https://archive.nepalitimes.com/regular-columns/guest-editorial/mountainous-change,887" target="_blank" rel="noopener">Mountainous change</a>, David Molden

The great Himalayan thaw

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