<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107161116/636921fb9c7e80680e03a100jpeg.jpg" alt="" width="640" height="438"/><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107161116/636921fd9c7e80680e03a101jpeg.jpg" alt="" width="640" height="436"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107161116/636922009c7e80680e03a102jpeg.jpg" alt="" width="640" height="438"><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107161116/636922039c7e80680e03a103jpeg.jpg" alt="" width="640" height="443">The blue sky was clear and early afternoon sunlight bounced off the glaciers, gullies and rock walls of the Langtang peaks, but the helicopter captain was keen to leave. He was concerned about the effects of altitude after several hours filming in the high meadow above Kyangjin Gompa. I could see the Hollywood team were groggy, hauling heavy camera equipment in the thin Himalayan air, and I was beginning to feel lightheaded myself.Director Julien Temple called to us from across the hill: “Let’s just try one more time with the flute players and local kids, but without the yaks and ponies.” Laxman had a headache and his back hurt from carrying Rinchen - the young star - up and down the ridge on his shoulders, simulating the swaying movements of an elephant against the mountain backdrop.Dazed with fatigue and breathless, the film crew once more realigned their gear, the local extras were ushered into position, silver reflectors were repositioned, the clap-board snapped action, Rinchen set off regal on his fake elephant, and the cameras rolled for the last time that day.I looked around as we quickly stowed the paraphernalia, thanked Thiley Lama, our Langtang fixer, and his friends, waved to the yak handlers and horsemen, and piled back into the big Russian chopper. We took off slowly, the rotors roaring and prayer flags flailing, as the squat stone monastery and small cluster of flat-roofed houses receded beneath us, dwarfed by the rampart of towering white peaks protecting the Langtang Valley. Soaring south, it took only a few minutes skimming above the hilltops back home to Kathmandu, but it seemed like another world.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107161116/636922069c7e80680e03a104jpeg.jpg" alt="" width="1075" height="696"><figcaption> </figcaption></figure>It was spring 1994 and we were filming one of Asia’s first music videos – the MTV generation was still in its infancy. The Eyes of Truth, a track from Enigma’s Cross of Changesalbum, is a haunting electronic melody of buzzing bees, rhythmic chanting and wailing Mongolian shepherdesses. Julien Temple was amongs the first to pioneer the music video genre, his boyish looks belying a background with giants including David Bowie, The Rolling Stones and Sex Pistols.Read also:  <a href="https://www.nepalitimes.com/opinion/sun-striped-shadows/" target="_blank" rel="noopener">Sun striped shadows</a>, Lisa Choegyal<a style="background-color: #ffffff; font-size: 15px; letter-spacing: 0.01em;" href="https://www.nepalitimes.com/opinion/the-cantankerous-conservationist/" target="_blank" rel="noopener">The Cantankerous Conservationist</a>, Lisa ChoegyalInspired by Buddhist iconography and the Valley stupas’ all-seeing eyes, Temple and his wife Amanda had written a prescient mini-saga about an abandoned boy brought up by elephants, then driven into an unknown world by environmental destruction, where he would be hailed prince of truth, before retreating back into the jungle with his pachyderm dependents. “The Eyes of Truth are always watching you.” They asked me to arrange the film permit and logistics, as complex as any full-length feature, and to find the main character – a spiritual young boy with a generic Asian-Western look who was comfortable around elephants. That was easy. Both my sons Sangjay and Rinchen were at the British School in Kathmandu, and Malcolm McDougal was also put forward as a candidate – all boys blessed with an upbringing amongst the Tiger Tops elephant camps in Chitwan and Bardia. Four-year-old Rinchen, whose acclaimed Cowardly Lion in the kindergarten Wizard of Oz production had sparked acting aspirations, was thrilled to be selected. What could be better than to take two weeks off school, hang out with elephants, and be paid for it?<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107161116/636922089c7e80680e03a105jpeg.jpg" alt="" width="523" height="815"><figcaption> </figcaption></figure>The pristine air quality and unbuilt vistas of Kathmandu Valley of the early 1990s enabled us to select locations and deliver The Eyes of Truth storyboard as originally envisaged in Julien and Amanda’s script. Our film support team, fresh from months working on Little Buddha, swung into action. For the ten-day shoot, hundreds of skilled Newari artistes, Nepali musicians and Valley villagers were dressed and rehearsed, domestic elephants from Chitwan and Kathmandu were booked and briefed, and Rinchen’s costumes and jewelled headdresses were designed and prepared.“I hope they can’t see up my sarong.” Little Rinchen clambered up Sita Kali’s trunk, hanging onto her patient elephant ears. My favourite moment follows the honey hunter opening sequence, when the camera finds Rinchen, angelically asleep amidst falling leaves, lying on Sita Kali’s massive body, resting supine on the forest floor. Thankfully her mahout driver and my boys’ favourite jungle friend, Kale, was never far away off screen, controlling her with quiet voice commands. A pretty wife and baby from the Tiger Tops elephant camp were engaged for the Moses scene, during which the child is rescued from his floating cradle by kind elephant carers – the buoyancy of the woven basket caused us lots of problems.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107161116/6369220a9c7e80680e03a106jpeg.jpg" alt="" width="523" height="815"><figcaption> </figcaption></figure>Read also: <a href="https://www.nepalitimes.com/opinion/so-far-so-good/the-kathmandu-crowd/" target="_blank" rel="noopener">The Kathmandu Crowd</a>, Lisa Choegyal<a style="background-color: #ffffff; font-size: 15px; letter-spacing: 0.01em;" href="https://www.nepalitimes.com/opinion/past-everest-anniversaries/" target="_blank" rel="noopener">Past Everest Anniversaries</a>, Lisa ChoegyalAt Bodnath, where Rinchen was filmed, enthroned on his zoo elephant dressed in silk and gold, pilgrims prostrated and made offerings, mistaking him for a real Rinpoche. Bungamati villagers showered him with flower petals thrown from their upper windows, echoing a scene with Keanu Reeves in Little Buddha. At Bhaktapur, the clashing cymbals, drums and dancers brought the Darbar Square to a standstill, and a lovely sequence beside the river chaityasat Gokarna Mahadev was left on the cutting room floor.On the last day of 4AM starts with loyal Laxman in attendance. After long hours of make-up, and hours as the centre of attention with his crew of new admirers, Rinchen descended reluctantly from his elephant and, looking around for Julien, asked: “And now, where’s my money?”Not only did The Eyes of Truth music video top the Asian charts for weeks, the poignant tune, familiar even today, became a Youtube sensation viewed by millions. We have used it at countless travel conferences and trade shows as a subtle sell to promote the variety and scenic splendour of Nepal – its succinct five-minute span perfectly captures the essence of Nepal’s natural, cultural and adventure appeal.https://www.youtube.com/watch?v=b8ri14rw32c

Lisa Choegyal

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The Eyes of Truth

<h2>The cultural legacy of Nepal’s famous son can still be seen across East Asia</h2> <figure><img width="1000" height="614" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107101156/6368d6609c7e80680e03147ejpeg.jpg" alt=""/><figcaption>An artist's rendering of the White Dagoba (stupa) built by Arniko, that still stands at the Miao Ying temple in Beijing. </figcaption></figure>Stamps have been issued, a highway has been named after him, he has been declared one of Nepal’s national icons. But 900 years later Arniko still remains very much an enigma in the country of his birth. In China, however, where Arniko went as a master architect to the court of Kublai Khan in 1260, he is still respected. He was given the title of Duke of Liang, and a memorial stele marks the spot where he was cremated in Hsiang Sheng near Beijing. A biography was written about him, and the Yuan genealogy contains a chapter on him.It is because of these reliable sources from Chinese sources that today we are able to trace the story of this remarkable historical figure from Kathmandu, even though details about him in Nepal itself are patchy.In 1260, the Mongol leader Kublai Khan asked his spiritual guru Phags-Pa to build a golden stupa in Tibet. When the patriarch of Tibetan Buddhism’s Shakya sect asked the king of Nepal, Jaybhimdev Malla, for a hundred artists the king could muster only 80. Sixteen-year-old Arniko, already known as a child prodigy, volunteered to lead them. “The fact that they needed Nepali artists proves just how developed Nepal’s art and architecture were at that time,” explains art historian Manuj Babu Mishra. “In fact, the sixth-century Changu Narayan Temple pre-dated Arniko and indicates the richness of Nepal’s artistic past.”Due to the decline of Buddhism in the subcontinent Tibet looked upon Nepal as the source of Buddhist wisdom and philosophy. Phags-pa was so impressed with Arniko’s stupas that he trained him into  monkhood and sent him to Beijing to meet the Great Khan himself. Arniko impressed Kublai Khan (Genghis Khan’s grandson) by repairing a bronze statue, and went on to build the White Dagoba, which is a Beijing landmark to this day.  <figure><img width="1750" height="2091" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107101156/6368d6629c7e80680e03147fjpeg.jpg" alt=""><figcaption> </figcaption></figure>“China’s art and architecture were already highly developed, so China was not looking for just any architect from Nepal. What Arniko took to China was Buddhist architecture with its philosophy and symbolism,” says historian Satya Mohan Joshi, whose treatise on Arniko was published in 1988.  “for example the Chaitya in Swoyambhu and Baudha symbolised Chaitanya, or consciousness.”It is supposed to be Arniko who took Kathmandu Valley’s famous tiered temple style to China, from where it travelled to Korea and Kyoto. But while that is difficult to prove, Satya Mohan Joshi says Arniko took many other Nepali  elements north: the wooden gate, stone steps and carved windows (tikijhya) at the White Dagoba, its bronze spire (gajur), Nepali-style statues of Dipankar, Shakyamuni and Maitreya Buddha, Paubha paintings of deities like Mahakala, White Tara, Green Tara, Avalokiteswar.Amidst the ruins of the Cloud Terrace near the base of the Great Wall is a huge stone arch containing  images like the Garud, Nagkanya, crocodiles, elephants, and Panchabuddha. The white stupa in Nanking and other sites actually have inscriptions in Ranjana script – all vestiges of Arniko’s influence in China.Read Also: <a href="http://archive.nepalitimes.com/news.php?id=7263#.WvqndKSFPIU" target="_blank" rel="noopener">Resurrecting Arniko</a> After Arniko constructed three stupas, nine great Buddhist temples, two Confucian shrines, one Daoist temple, he was made the ‘master of all classes of artisans’. Prof Jing Anning at Michigan State University writes that Arniko made ‘new symbols of the emperor’s sovereignty, based on designs from Indic culture such as the dharmacakra (Wheel of the Law) which was used to lead imperial processions, and the image of Garuda, the celestial bird that was displayed over the imperial throne’.In another research paper, late historian Dina Bangdel states that Arniko’s works were instrumental in the conversion of Kublai Khan to Tantric Buddhism. ‘Phags-pa directed Arniko to create an image of Mahakala that was used in a protection ritual to aid Khan in his battles (which he won). Arniko’s Mahakala image became a powerful symbol of a leader’s authority to rule,’ Bangdel has written.Arniko also crafted scientific instruments like armillary spheres and water clocks. However, art works  that can be definitely attributed to him are rare. The Cleveland Museum says its image of Green Tara is by Arniko, while portraits of Kublai Khan and his wife Chabi at the National Palace Museum of Taiwan are believed to be by Arniko. <figure><img width="1250" height="1613" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107101156/6368d6669c7e80680e031480jpeg.jpg" alt=""><figcaption> </figcaption></figure>Although these claims cannot be proven, Prof Anning says a bronze statue of Manjushri (dated 1305) now in the Palace Museum in Beijing and a brocade image of a three-faced, six-armed Guhyasamaja now in the Potala Palace in Lhasa are by Arniko. Arniko established a school of Nepali art in China which trained at least two of his own sons and thousands of Chinese artists. ‘By drawing inspiration from the artistic traditions of Pala, Nepal and China, Anige (Arniko) single-handedly created a new form of court art and promoted it through the huge artisan agencies under his leadership,’ Prof Anning writes.   The Italian traveller Marco Polo, who journeyed to China from 1271-1295, was a contemporary of Arniko. If they ever met, history has no record of it. Marco Polo is not even named in Chinese history. Ironically, while Marco Polo gained lasting fame after he returned home and wrote of his travels, Arniko despite the respect he commanded in the Chinese court, disappeared from world history after his death in 1306 at age 62.Satya Mohan Joshi thinks Arniko’s legacy is the enduring bond between Nepal and China, and cites the White Dagoba which was left alone even during the Cultural Revolution, and is still cared for and renovated with high priority by the Chinese state.He adds: “Nepal needs to live by the policy of panchasheel, and we have historic proof that Arniko espoused it. That is why he deserves to be our national icon.” <h2>Arniko meets Kublai Khan in Beijing</h2> After he arrived, the Emperor looked at him at some length before asking, “Are you afraid to come the big country?”He answered, “The sage (Kublai Khan) regards people in all directions as his sons. When a son comes to his father, what is there to fear?”“Why do you come?”He replied, “My family has been living in the west (Nepal) for generations. I took the imperial edict to build the stupa in Tibet for two years. I saw constant wars there, and wish Your Majesty could pacify them. I come for sentient beings.”“What do you practice?”He said, “I take my mind as my teacher and know roughly painting, casting and carving.”The Emperor was greatly pleased.(Extract from Arniko’s biography) <figure><img width="360" height="480" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107101156/6368d6689c7e80680e031481jpeg.jpg" alt=""><figcaption> </figcaption></figure>

The life and times of Arniko

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