<figure><img width="800" height="493" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110101152/636ccaa79c7e80680e08bb7djpeg.jpg" alt="Simikot snowfall"/><figcaption>Photos: RSS</figcaption></figure>Heavy snowfall from Thursday to Saturday over Nepal has blanketed high villages in up to 0.5m of snow, obstructing road and air traffic, ending a prolonged drought and putting out devastating wildfires. The snow and rain affected most parts of Nepal, ending a four-month drought and making farmers on rain-fed terraces hopeful about their winter crops.Snowfall was heaviest in the trans-Himalayan districts of Humla, Mugu, Jumla, Dolpo, Mustang, Manang and Upper Gorkha. Some of these valleys had snowfall for three days, and the minimum temperature in Manang Valley fell to -10 Celsius on Saturday.The heavy snow put out wildfires that had been raging in Manang’s Tachai area for the past two weeks. An earlier fire near Chame that had gone on since November had spent itself before the snow storm arrived. Security forces had cleared the highway from Besisahar to Manang of snow on Friday, but the road is once more blocked by Saturday’s blizzard. <img width="1200" height="900" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110101152/636ccaa99c7e80680e08bb7ejpeg.jpg" alt="Locals carry firewood amid Simikot snowfall"><img width="1200" height="800" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110101152/636ccaab9c7e80680e08bb7fjpeg.jpg" alt="Simikot locals amid snowfall"><img width="1200" height="900" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110101152/636ccaae9c7e80680e08bb80jpeg.jpg" alt="Snowfall ends drought in Nepal mountains"><img width="991" height="718" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110101156/636ccab19c7e80680e08bb81jpeg.jpg" alt="Snowfall over Simikot"><img width="1200" height="900" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110101156/636ccab39c7e80680e08bb82jpeg.jpg" alt="Simikot snowfall">The airport in Rara and Simikot have been closed due to heavy snow, and although the sun came out on Sunday there is ice on the runway and all fixed-wing flights are cancelled.Although the rain in the mid-mountain districts provided respite from the drought, many areas just got drizzles. Kathmandu recorded only 1.5 mm of rain in a passing thunderstorm on Saturday afternoon – much less than the average 60mm winter rain from December-February in Central Nepal.

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Heavy snowfall over Nepal Himalaya

https://www.youtube.com/watch?v=iW60CnUgR-IThree elderly people look up with wonder and reverence, palms pressed together at the Boudhanath stupa towering over them. Sonam Yangjung Lama, Yangja Phuti, and Samten Lama (pictured, above) are from Humla, and have undertaken a once-in-a-lifetime pilgrimage to the Kathmandu shrine. “Boudha is the holiest place in Nepal, and I had never seen it,” beams Yangja Phuti. “Now that I have finally seen it, I am overcome by its beauty and holiness. Now, I can die happy, and go straight to heaven.”Boudhanath has always been sacred to Nepal’s Buddhists, whether Newars of the Valley, Tibetan Buddhists from the mountains, or from China.The pilgrims from Humla had to walk for a day to Simikot, and then take a plane to Nepalganj and Kathmandu to get here, since Humla is the last district in Nepal not yet connected to the road network. But they say it has been worth the time and money.Read also:  <a style="background-color: #ffffff; font-size: 15px; letter-spacing: 0.01em;" href="https://www.nepalitimes.com/?p=18876&amp;preview=true" target="_blank" rel="noopener">A temple by another name</a><a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/northwestern-tip-of-nepal-Humla,3430" target="_blank" rel="noopener">Remote corner of Nepal’s remotest district</a>, Bharat Bandhu Thapa <img width="1250" height="703" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107171152/636937cb9c7e80680e03fe5djpeg.jpg" alt=""/>This fulcrum of Buddhism was first built in the 5th century, according to Shange Dorje Lama, who heads the Lama Department of Boudha Ghyang Guthi, the trust responsible for religious activities at the shrine. Boudha has been destroyed and rebuilt many times, including after the 2015 earthquake.“The stupa stands on a five-layered platform, signifying the five elements of nature,” Lama explains, pointing at the imposing monument. “The dome signifies the earth, while the eyes of the Buddha represent compassion and wisdom. The 13 tiers above it are the thirteen steps to enlightenment, and the cupola signifies the protection that the dharma gives. Finally, the spire represents Nirvana.”Despite being swallowed up by Kathmandu’s urban sprawl and over-run by the Chabahil neighbourhood, Boudha retains its spiritual charm, with hundreds of devotees doing the ritual circumambulation, rotating prayer wheels, counting rosaries, or performing prayer rituals. Boudha has also grown as a tourist attraction for locals and Asian visitors who can be seen taking selfies. Read also: <a href="http://archive.nepalitimes.com/article/Nepali-Times-Buzz/a-rising-nepal,2968" target="_blank" rel="noopener">A Rising Nepal</a>, Smriti Basnet <img width="1250" height="703" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107171152/636937ce9c7e80680e03fe5ejpeg.jpg" alt="">Xin Liu, a journalist from China, is among them. “I once saw a picture of Nepali people many years ago. I loved their smiles. And it has always been my dream to come here,” she says, between trying to take a perfectly timed shot of pigeons at the temple. Many Chinese, Japanese, Vietnamese and even Westerners come here, mixing tourism with pilgrimage, but for many foreign tourists Nepal is also an attraction because it is much more affordable. Chinese tourists, especially, say they find a Nepal holiday cheaper than anywhere else in Asia.“We are students and we didn’t have a lot of money, but we wanted to travel abroad. So, we chose Nepal,” says Zhao Meng from Hunan, strolling around with her friend Sheng Fengju. They confess they are not Buddhist and know very little of the Buddhist significance of Boudha, but are impressed by its beautiful and calm atmosphere. The circle of buildings around Boudha used to house pilgrims, but now have been taken over by elegant terrace cafes, meditation centres, bed and breakfasts, and gift shops. Read also: <a href="http://archive.nepalitimes.com/page/the-boudha-kora" target="_blank" rel="noopener">The Booudha Kora, Jessica Cortis</a>, Smriti Basnet, Pan Lan and Qiu TianThe newest addition to Boudha’s cosmopolitan ambience are the new Chinese eateries. Liu Xiao Ping runs Chengdu Kitchen and has been living here for six years. “I had a restaurant in China, but business was too hectic. I heard of Nepal from my friends, so I came here. It costs me less in rent and salaries, and life is more peaceful,” says Liu, who serves spicy Sichuan dishes popular among Nepalis and foreigners alike. Pema Rangdol, a Nepali restaurateur, speaks fluent Chinese and has named his restaurant Chonqing Noodles, with the signboard in English and Chinese. “We get lots of Chinese guests from China, Singapore and Malaysia, and they like it that the menu is in their own language,” Rangdol says.Boudha is proof that despite the chaos of a teeming city, the spiritual energy of the shrine has preserved its tranquility and sanctity. The tourists and pilgrims may be enjoying its picturesque and insta-friendly location, but they are earning karma points for 2019 at the same time. Read also: <a href="http://archive.nepalitimes.com/news.php?id=11338#.XCSsylUzbIU" target="_blank" rel="noopener">The stupa of a million dew drops</a>

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The stupa of a million dewdrops

<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107171148/636936d19c7e80680e03fdffjpeg.jpg" alt="" width="1500" height="994"/><figcaption>The West Seti Gorge on the traditional trade and pilgrimage route to Tibet is so scenic, it should be preserved as a World Heritage Site. Photos: ULRICH LACHENMAIR</figcaption></figure>N<a href="http://archive.nepalitimes.com/news.php?id=18383#.XAj57NszaUk" target="_blank" rel="noopener">epal’s rivers</a> are older than the Himalaya, and their waters have been cutting channels over millions of years as the mountains rose. The Arun, Budi Gandaki, Marsyangdi, Kali Gandaki, Bheri and <a href="https://www.nepalitimes.com/here-now/nepalganj-gets-moving/" target="_blank" rel="noopener">Karnali </a>all begin north of the mountains, and their waters have carved the most spectacular canyons in the world.But by far the most stunning gorge in the Himalaya is located on the West Seti river on the trail from Simikot to Chainpur. After crossing Chaupha La in winter conditions last month, we followed a trail traditionally travelled by traders to Tibet, and pilgrims to the holy Lake Mansarovar.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107171148/636936d59c7e80680e03fe00jpeg.jpg" alt="" width="1500" height="994">This landscape should be protected as part of Nepal’s natural heritage. However, like other gorges on other rivers, a new road now threatens the Seti canyon. Surveyors are already at work between Talkot and Urai La, the border pass between Nepal and China.Read also: <a href="https://www.nepalitimes.com/banner/trails-less-travelled/" target="_blank" rel="noopener">Trails less travelled</a>, Joy Stephens Local businesses want the road because they think it will increase pilgrim traffic. But is it really the aim of a pilgrimage to amass money? How does the promotion of pilgrimage justify the destruction of fragile slopes, rock cliffs and precious forests of oak, fir, pine, walnut, cedar. Roads in other parts of Nepal have already ravaged the landscape, and here in remote northwestern Nepal, it will be a sacrilege.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107171148/636936d89c7e80680e03fe01jpeg.jpg" alt="" width="1500" height="2265">A road here would not just be environmentally and culturally destructive, a simple input-output analysis will show it is also economically unviable. The construction and maintenance will cost billions, and this will far exceed any future income from pilgrims. In fact, as seen in the rest of Nepal, the road will not bring down prices of essentials, but will promote consumerism, bring garbage and lead to an outmigration of young people.Besides, there is an alternative road from Simikot to Hilsa that will soon be ready. Pilgrims who cannot endure the hardship of walking through the Seti gorge can use jeeps and buses plying there. Goods required by the villages between Talkot and Dhuli are at present reliably delivered by mules, sheep and goats. They do this on well-built trails on which maintenance costs are negligible.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107171148/636936db9c7e80680e03fe02jpeg.jpg" alt="" width="1500" height="994">If just a small part of the road budget is used to improve the trail and repair bridges along the uninhabited Seti gorge, it would actually keep local jobs and ease access. Local communities could keep the trail clean, especially the litter at camp sites.The West Seti Gorge should be registered as a natural heritage site at UNESCO with the help of the IUCN and WWF in Kathmandu. The Seti Trail can be promoted as the longest, hardest and most beautiful <a href="https://www.nepalitimes.com/here-now/nepalganj-gets-moving/" target="_blank" rel="noopener">pilgrimage route from Nepal to Mansarovar and Kailash</a>.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107171148/636936de9c7e80680e03fe03jpeg.jpg" alt="" width="1500" height="994">The rest of the road budget could go to improve school and health posts in this underserved part of Nepal. At present the clinics lack medicine and classrooms are dark, cold and poorly built. Health and education are basic needs of any human being and should take precedence over unnecessary road construction.The upper reaches of the West Seti are a natural jewel, and God’s gift to mankind. It should be our responsibility to protect it.Herman Warth was the former country director of the German Development Service.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107171148/636936e19c7e80680e03fe04jpeg.jpg" alt="" width="1500" height="994">

Seti's gorgeous gorges

<img width="600" height="430" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107141112/636904a79c7e80680e037d35jpeg.jpg" alt=""/>With a six-lane highway joining the city to Kohalpur, plans to upgrade to a Metropolis, international flights starting soon from its expanded airport, a railway station connecting to India, and new hotels and casinos coming up, <a href="http://archive.nepalitimes.com/news.php?id=5885#.W4fVwM4zaUk" target="_blank" rel="noopener">Nepalganj</a> feels like a town on the move.Adding to the excitement is the city’s can-do mayor, <a href="http://archive.nepalitimes.com/news.php?id=10282#.W4J_8GaB1TY of the RPP" target="_blank" rel="noopener" data-wplink-url-error="true">Dhawal Shumsher Rana</a>, who was re-elected last year and immediately set about improving Nepalganj’s crumbling roads, drainage and its poor image.The city suffered an economic setback when it lost out to Butwal as the capital of Province 5, but Mayor Rana is lobbying hard to declare Nepalganj a Metropolitan City by merging with Kohalpur.“Come back in a few more months, you will see a different Nepalganj,” says Rana proudly as he supervised a road widening on a recent rainy Saturday.Feeding the boom is Nepalganj’s emergence in recent years as one of the most popular gateways to <a href="http://archive.nepalitimes.com/news.php?id=5392#.W4fXhs4zaUk" target="_blank" rel="noopener">Kailash in Tibet</a> for Indian pilgrims. (See map). Devotees from all over the world travel to one of Hinduism’s holiest sites, and the easiest route is through Nepalganj. Pilgrims also fly via Kathmandu and Lhasa, cross at Kerung, or go via India.https://www.youtube.com/watch?v=GprdlTsLdck&amp;feature=youtu.beThe Nepalganj route entails taking a plane to <a href="http://archive.nepalitimes.com/article/Nepali-Times-Buzz/northwestern-tip-of-nepal-Humla,3430" target="_blank" rel="noopener">Simikot</a> , changing to a helicopter to Hilsa on the Tibet border, and then driving by SUV to the sacred Lake Mansarovar. Half the 15,000 Indian pilgrims to Tibet every year take the Nepalganj route, and this week, hotels here were full of pilgrims waiting for flights to Simikot delayed by bad weather.“Indians prefer to go via Nepal because the trip is smoother, the routes through India are very basic,” says Yash Thakur of Explore India Tours, which organises pilgrimages for Hindus from India, South Africa, Mauritius, Fiji, the United States and Britain. “If there is more support from Nepal, we can take 20,000 more pilgrims to Kailash via Nepal every year.”Prakash Shrestha of Explore Kailash has been arranging pilgrimage packages since 1996, and says if infrastructure bottlenecks are fixed, a lot more Indian tourists would prefer the Nepal route because they can also visit Pashupati or <a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/going-to-jomsom-in-the-off-season,3878" target="_blank" rel="noopener">Muktinath</a>.“There aren’t enough helicopters, the weather delays flights, Nepalganj has good hotels, but there are few facilities in Simikot or Hilsa,” says Shrestha.There is also anticipation in Nepalganj about Buddha Air flights from Delhi starting in January which are expected to bring Indian tourists to the city’s new casinos, as well as Indian trekkers to Rara and <a href="https://archive.nepalitimes.com/page/Stairway-to-heaven-Dolpo-trek" target="_blank" rel="noopener">Dolpo</a>, which have air connections from Nepalganj.“Nepalganj is going to be a multiple hub. We are going to expand Nepalganj airport, extend the runway and apron and upgrade the terminal building,” says Mayor Dhawal Rana, “and in a few years we will also have a railway station connecting to India.”

Kunda Dixit

Nepalganj gets moving

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

French citizen Louis arrived in Nepal for the first time earlier this year, planning to <a href="https://nepalitimes.com/banner/the-abcs-of-a-winter-trek-in-nepal">trek the Annapurna Circuit </a>before heading down to Bardia to hopefully catch a glimpse of some<a href="https://nepalitimes.com/news/nepal-counting-its-tigers"> tigers</a>. Before he began his journey from Besisahar, Louis (who only revealed his first name) had imagined breathing crisp mountain air, and following the melodious gurgle of the Marsyangdi.&nbsp; Instead, he had to breathe fumes and dust all the way to Chame. Louis says he masked his face with a handkerchief: “It was not what I expected, this is not right.”  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/2025080304080_f03fce1527cf8a63178e4e82589a1a7096c8cfa28893ca4a5f7fe82d91a6e38a.jpg" data-media-id="editor_2" data-image-id="2025080304080_f03fce1527cf8a63178e4e82589a1a7096c8cfa28893ca4a5f7fe82d91a6e38a" data-rendition-name="original" width="2419" height="1814" loading="lazy" alt="Manang trails NT 1"> </figure>  Many other trekkers are similarly disappointed as roads have been built along what used to be <a href="https://nepalitimes.com/banner/a-walk-back-in-time-chandragiri-hatiban">walking trails</a>. Manang and Humla are the last remote regions in the Himalaya to be connected to the national road network. &nbsp;Construction of the 87km Besisahar-Manang road began in 1994, but was stalled during <a href="https://nepalitimes.com/news/14-years-after-conflict-no-closure-in-nepal">the Maoist conflic</a>t, and finally finished in 2012.&nbsp; Most of it has not yet been blacktopped, and sections have been carved out of vertical cliff faces, making them treacherous. But it has allowed road access to Manang, a journey that previously took a week on foot.&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/2025080304084_32b3ca875a0df9f1dd42dbe915e6f6a2cd4f2e53f1cf2d3ee5cbdb3435905000.jpg" data-media-id="editor_5" data-image-id="2025080304084_32b3ca875a0df9f1dd42dbe915e6f6a2cd4f2e53f1cf2d3ee5cbdb3435905000" data-rendition-name="original" width="2400" height="1505" loading="lazy" alt="Manang trails NT 1"> </figure>  While the <a href="https://nepalitimes.com/opinion/the-road-out-of-nepal">road has improved access</a>, it has impacted on<a href="https://nepalitimes.com/here-now/trekking-in-the-time-of-climate-change"> trekking tourism </a>— the mainstay of Manang’s economy. The number of tourists visiting the scenic valley behind the Annapurnas grew from 21,245 in 2023 to 30,866 in 2024. The Annapurna Circuit is known for unique sights like <a href="https://archive.nepalitimes.com/news.php?id=9194">Tilicho</a>, one of the highest lakes in the world, the Thorong La pass that connects Manang to Mustang, and the valley’s own rich cultural heritage. Thorong La at 5,416m is the highest hiking pass in the world, and was used by locals for trade with Mustang before it became a <a href="https://nepalitimes.com/opinion/comment/lift-restrictions-on-upper-mustang">popular trekking route</a>. &nbsp; “For guests, the excitement of reaching Thorong La is now overshadowed by their disappointment of having to journey through dusty roads to get there,” says Manang lodge-owner Ongma Gurung. “That is the complaint we get the most.” <a href="https://nepalitimes.com/banner/tourism-that-treads-lightly-on-the-land">Local tourism </a>operators are trying to get the government to build alternative foot trails. But there have been delays due to a lack of budget.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/2025080304084_c5f76e398182785bb17846a148e3ca89de5687b4623580f8e2d725a7a287edfa.jpg" data-media-id="editor_11" data-image-id="2025080304084_c5f76e398182785bb17846a148e3ca89de5687b4623580f8e2d725a7a287edfa" data-rendition-name="original" width="2419" height="1762" loading="lazy" alt="Manang trails"> </figure>  The Naso Rural Municipality has identified other routes along the Annapurna Circuit in Chyamche, Tal, and Khotro so trekkers can bypass heavy vehicles involved in the construction of the Manang-Marsyangdi Hydropower Project. “But the local government cannot do everything,” admits the chair Dhan Bahadur Gurung. “And for leaders in Kathmandu, Manang is out of sight and out of mind.” Munindra Jung Gurung represents Manang in the Gandaki Provincial Assembly, and says he has raised the issue in <a href="https://nepalitimes.com/news/pokhara-s-tourism-woes">Pokhara</a>. He is hopeful there will be a hearing. To be sure, the road is not all bad news. Locals benefit, the number of visitors has grown, and trekkers can now also save time and use it to explore <a href="https://archive.nepalitimes.com/news.php?id=5960">side valleys in Manang</a>, visiting the villages like Nar and Phu. Annapurna Conservation Area (ACA) chief Rabin Kadariya concedes that the road to Upper Manang was crucial to connect the remote region with the rest of Nepal, but adds: “We have built an alternative trail connecting Talgaun, and we will consult local communities about their priorities on other hiking trails.”&nbsp;

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