There is something uniquely haunting about an <a href="https://nepalitimes.com/editorial/crash-course">air crash</a>. It is the kind of catastrophe that is both sudden and protracted, a fleeting moment of terror seemingly suspended in time, leaving behind the kind of <a href="https://archive.nepalitimes.com/article/business/April-earthquake-was-followed-by-more-devastating-economic-upheaval,2772#google_vignette">wreckage </a>that is measured not just in debris but in the lives it claims and the lives it shatters of the <a href="https://nepalitimes.com/here-now/the-tale-of-four-nepalis-in-mumbai">loved ones who are left behind</a>.&nbsp; The midair<a href="https://nepalitimes.com/news/lukla-plane-chopper-collision-kills-3-e9vw17vw"> collision</a> near the Washington Reagan National Airport last month that claimed 67 lives was the deadliest <a href="https://nepalitimes.com/news/18-dead-in-nepal-aircraft-crash">aviation disaster</a> on US soil in nearly 25 years. In those final moments, flight recorder data indicates how the pilots of the doomed American Airlines flight fought against fate itself, pulling the nose of the plane up, desperately trying to salvage even a sliver of hope. This is similar to what happened to Pakistan International Airlines flight 8303 in Karachi five years ago. But tragically, it was too late.&nbsp; In the seconds before impact, perhaps they too, like many others before them, felt their entire lives unfold before their eyes, as I too had experienced. For those who remain, there is something deeply unsettling about a tragedy like this. We cycle through horror, grief, and a helpless kind of sorrow, knowing that nothing we do can rewind time or rewrite history. But there is something else, too — a quiet, unspoken responsibility. When people vanish in<a href="https://nepalitimes.com/here-now/tragedy-at-tia"> preventable tragedies</a>, the burden of their loss does not just belong to their families, it belongs to all of us. It forces us to confront questions of justice, accountability, and, perhaps most agonisingly, the randomness of fate itself. I know this weight personally. On May 22, 2020, I boarded a PIA flight that never truly landed. It was meant to be a routine trip home for Eid, a simple journey from Lahore to Karachi. Instead, the plane crash-landed in a densely populated neighborhood, killing 97 of the 99 people on board. I was one of the two who survived. Survival from such an accident is not just a miracle — it is a paradox. Why me? Why not them? These questions live inside me, dormant yet ever-present, stirring awake every time another tragedy unfolds.&nbsp; When I read about the Washington crash, I could imagine the chaos in the cockpit, the passengers gripping their seats, the terrible weight of inevitability in those final moments. And I visualise the collateral survivors — the families left behind, the air traffic controllers who might have caught a different detail, the people who changed their flight at the last moment. Because after a tragedy, survival itself feels like both a gift and a debt. And that debt demands to be repaid. Read also:<a href="https://nepalitimes.com/here-now/airfields-without-airplanes"> Airfields without airplanes</a> We cannot change what happened over the skies of Washington. But we can ask ourselves: What do we owe to those who perished? We owe them the truth. The investigations must be relentless. Early reports indicate scrutiny on air traffic controller staffing, the complexity of Washington’s airspace, and possible miscalculations in altitude. The families of the victims deserve more than vague reassurances. They deserve transparency, accountability, and a system that does not repeat its failures. We owe them change. The Federal Aviation Administration’s new restrictions on helicopter traffic near Reagan National Airport are a start, but they are not enough. We owe them a memory. Tragedies fade from headlines, but grief lingers in the bones of those left behind. Memorials, safety reforms, foundations — these are the ways in which those who pass on are not forgotten. We owe them our lives, fully lived. If you have ever escaped death, you know that every breath afterward feels borrowed. The burden of survival is the question of purpose — what will you do with this bonus life? It is easy to sink into guilt, to let grief dictate your days.&nbsp; Read also: <a href="https://nepalitimes.com/news/fatalism-and-fatalities">Fatalism and fatalities</a>, Sonia Awale But the real tribute to the dead is to live with the kind of intention they no longer have the chance to. It is to love harder, to be kinder, to leave no important words unsaid. It is to make sure that when your own final moment comes — whether in a slow fade or in the sudden, brutal rupture of an accident — you are at peace with the life you have led. In the end, every tragedy leaves behind lessons. The only question is whether we choose to learn from them. I have shared my peculiar lessons as a survivor of an air crash which I owe on my part to humanity in my latest book ‘Seat 1C’.&nbsp; May we, the living, carry the memory of those who have died forward with the weight and honour it deserves. Zafar Masud is an international banker and founder of the Zafar Masud Foundation which focuses on passenger and airplane safety regulations. ‘Seat 1C: A Survivor’s Tale of Hope, Resilience and Renewal’ (Lightstone Publishers, Pakistan, and Rupa, India) was launched at the Lahore Literary Festival on 22 February. This is a Sapan News syndicated feature.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20250223080228_8bf73dc035afd137c708e63cda5f7ce0c014ccfb2c84945e1b3dd13a805c5e40.jpg" data-media-id="editor_8" data-image-id="20250223080228_8bf73dc035afd137c708e63cda5f7ce0c014ccfb2c84945e1b3dd13a805c5e40" data-rendition-name="original" width="1136" height="702" loading="lazy" alt="Seat 1C Book cover "> </figure>  &nbsp;

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Humanity after the crash

https://www.youtube.com/watch?v=aCjJUL0hZmgIt was a warm Saturday morning three years ago when Rasmila Awal walked over to a nearby shop to buy provisions, leaving her four-month-old baby Sonish and 10-year-old daughter Sonia at home. The baby was asleep and Sonia was watching tv when the whole building started rattling and shaking.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110710114/6368ca619c7e80680e02f309jpeg.jpg" alt="" width="130" height="101"/>Sonia remembers plaster falling from the ceiling and a big gash appearing on the walls. Instinctively, she ran out of the house, remembered she had left her little brother inside, rushed back in, picked up the baby and was trying to get out <a href="http://archive.nepalitimes.com/blogs/thebrief/2015/05/13/tears-of-joy/">when it collapsed</a> on top of them.She tried to hold on to her little brother, but as the walls came down on top of her, she lost her grip on the baby and was knocked unconscious.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110710114/6368ca619c7e80680e02f30ajpeg.jpg" alt="" width="1400" height="933"><figcaption> </figcaption></figure>At the shop, Rasmila felt the ground swaying and knew immediately that it was an earthquake. She ran back, and crumpled on the ground when she saw her house in ruins with the two children inside.“My feet were shaking, I couldn’t get up, I wanted to scream for help, but no sound came out of my mouth,” Rasmila recalls. The neighbours immediately started digging, and soon saw a girl’s leg sticking out of the debris. Sonia was alive, but unconscious.The rescuers dug some more but couldn’t find Sonish. The ground shook restlessly with aftershocks as night fell. Rasmila kept a silent vigil even after rescuers gave up the search, and neighbours prepared to sleep out in the open.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110710114/6368ca649c7e80680e02f30bjpeg.jpg" alt="" width="1500" height="1000">Just then, she heard a feeble wail from beneath the ruins. Army rescuers were called in, and after digging right through the night, they finally brought out Sonish, covered in dust but with barely a scratch on him. He had been <a href="http://archive.nepalitimes.com/blogs/thebrief/2015/06/23/the-baby-who-lived/">under the rubble</a> for 22 hours.“I cannot describe that feeling of relief, I hugged him tight, all my prayers were answered,” remembers Rasmila. The baby started sucking his thumb, and looked around seemingly to ask what the fuss was all about.Three years later, it is Sonish who runs to the door when he hears the bell ring. He is a playful and inquisitive boy, and is excited to have visitors.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110710114/6368ca689c7e80680e02f30cjpeg.jpg" alt="" width="1500" height="1000">Rasmila’s husband is a truck driver and is out most of the day. The family is still homeless, and live with the two children in one rented room. There is talk of land being appropriated to widen the road, so the house has not been rebuilt.The Nepal Army, which helped in the rescue has given Sonish and Sonia <a href="http://archive.nepalitimes.com/blogs/thebrief/2016/04/24/scholarship-for-miracle-baby/">scholarships</a> till they go to college. After he finishes primary school, Sonish will attend the Army’s high school in Sallaghari.Rasmila says the iconic photograph of Sonish by Amul Thapa brought the family fame, but not much else. However, she feels blessed: “At least I have both my children, and we are together.”<h3>Amul baby</h3><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110710114/6368ca6b9c7e80680e02f30djpeg.jpg" alt="" width="1400" height="806"><figcaption> </figcaption></figure>Amul Thapa was in his newsroom in Baneswor when the building started shaking violently. His reporter’s instincts kicked in, and he grabbed his camera bag and rushed to Dharara where 60 people had been killed when the tower collapsed.“Instead of taking pictures, we were helping rescue people from under the rubble,” Thapa recalls.Only then did he decide to call home to find out how his family was doing in Bhaktapur. They told him about the great damage in the town, and how there was one house that had collapsed trapping children underneath the rubble.“The soldiers were digging frantically and the family was standing around weeping and praying. It didn’t feel right to be taking pictures, so I went home,” Thapa says.Next morning, he went back to the collapsed house. The soldiers were still digging because they could hear the boy’s cries from beneath the debris. At about 10am, they found four-month-old Sonish Awal trapped underneath a wooden beam, which had actually protected him as the walls and floors collapsed all around.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110710114/6368ca6f9c7e80680e02f30ejpeg.jpg" alt="" width="1100" height="660"><figcaption> </figcaption></figure>Thapa clicked away: Rasmila’s tears of sorrow had turned into tears of joy, the baby was covered in dirt as he was extricated carefully from the rubble, and finally the now-famous photograph of rescue soldier Dipak Rai holding Sonish up amidst applause and relief which made it to the folding front page of Nepali Times and Himal Khabarpatrika that week (above).Says Thapa: “I was able to tell the story of the child and the family to the whole world. My photographs made Sonish famous worldwide, and the story did the same for me. It was not just a picture, it symbolised hope and survival.”Thapa often visits the family and helps in any way he can. He now works for Naya Patrika.Read Also:<a href="http://archive.nepalitimes.com/blogs/thebrief/2015/06/23/the-baby-who-lived/">The baby who lived</a>, Sahina Shrestha<a href="http://archive.nepalitimes.com/page/survivors-of-2015-Nepal">Not so lucky</a>, Sahina Shrestha<a href="http://archive.nepalitimes.com/article/headline/Miracle-baby,2987">Miracle baby</a>, Smriti Basnet

Monika Deupala

Bhaktapur's Miracle boy at 3

<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110710114/6368ca539c7e80680e02f304jpeg.jpg" alt="" width="1400" height="788"/><figcaption>BACK ON TRACK: Hotel Budget collapsed on top of Ga Hiti in Thamel during the earthquake (below) killing at least 10 people. Today, the neighbourhood has been rebuilt through a community effort led by Zafar Hussain and Hari Bhakta Shrestha . NISCHAL PRADHAN</figcaption></figure>Hari Bhakta Shrestha was in his office at <a href="http://archive.nepalitimes.com/blogs/thebrief/2015/04/26/second-night-in-the-open/">Hotel Budget</a> in Thamel when the earthquake struck just before noon on that fateful Saturday three years ago.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110710114/6368ca569c7e80680e02f305jpeg.jpg" alt="" width="130" height="101">As the shaking got worse, he ran out along with other residents and once outside, watched as his own hotel tilted and collapse into the historic Ga Hiti stone water spout. There was a shattering roar, and a cloud of dust rose up in the air.Six guests from Sikkim were inside having breakfast in their rooms, and did not make it out. Several women waiting to collect water at the bottom of the sunken spout also perished.Shrestha’s concentration then shifted from the rubble of the hotel to his family in Lazimpat. Fortunately they were all right.Read Also: <a href="https://www.nepalitimes.com/?p=4276&amp;preview=true">The reincarnation of a holy valley</a>, Clara Bullock<a href="https://www.nepalitimes.com/?p=4267&amp;preview=true">Bhaktapur's Miracle boy at 3</a>, Monika Deupala“It took a little time for people to understand what was happening, everyone was in shock,” Shrestha recalls. But three years later, he has rebuilt the renamed Hotel Ama’s Home at the exact spot where his old one used to be. The community has come together to restore the Ga Hiti neighborhood, and it is difficult to imagine today that Kathmandu’s tourist centre once suffered an earthquake.“We cannot stop earthquakes, but we can protect ourselves from them by ensuring stronger construction for the next time,” says Shrestha, who says he did not want to sell his land and move out. His patience paid off, and business is back to normal as Thamel’s tourism revived.After the earthquake, local politician Yogesh Bhattarai coordinated with the municipality and ward office to clear up the debris from the water spout, and lending a helping hand was the Ga Hiti Youth Club.The Club’s Zafar Hussain said since many monuments like <a href="http://archive.nepalitimes.com/article/review/should-dharara-be-rebuilt,2355">Dharara</a> and the <a href="http://archive.nepalitimes.com/article/nation/Monumental-loss,2215">Darbar Squares</a> were destroyed there was no point waiting for help from the government, so the community got together to restore their own neighbourhood which took six months.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110710114/6368ca579c7e80680e02f306jpeg.jpg" alt="" width="500" height="275"><figcaption> </figcaption></figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110710114/6368ca599c7e80680e02f307jpeg.jpg" alt="" width="640" height="360">“Waiting was pointless, and if we had waited, this place would never have been restored,” Hussain adds.Called ‘Operation Every Day Every Week’ the rebuilding effort gathered momentum under Yogesh Bhattarai’s coordination. Excavators got to work to clear the rubble, volunteers helped lift out debris from Ga Hiti. Every day members of community would work together, and at the end of the week, volunteers would join in -- diplomats, politicians and people from other neighbourhoods.Read Also:<a href="https://www.nepalitimes.com/here-now/how-to-build-back-better/" target="_blank" rel="noopener"> How to build back better?</a>, Suyog PrajapatiFinally, Kathmandu Metropolitan City took notice and formed a new reconstruction committee where the community put up 20% of the cost. With private donations, the hiti, road and broken water mains were all repaired long before similar reconstruction were completed in Kathmandu and elsewhere in the earthquake zones.Shrestha gave the reconstruction of the neighbourhood more priority than rebuilding his own hotel.We had no expectations of help from the government, and perhaps that is why it got finished so quickly,” he adds.<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/2022110710114/6368ca5e9c7e80680e02f308jpeg.jpg" alt="" width="1500" height="844">Today, Ga Hiti is once more a place for the community to get together to collect water, wash clothes and even bathe.Hussain owns a jewellery shop in Thamel, and says Ga Hiti is now a model for how much can be achieved collectively: “Even the elders were looking up to the younger generation this time, it showed that a co-operative society can function well in times of crisis.”Read Also<a href="http://archive.nepalitimes.com/blogs/thebrief/2015/04/26/second-night-in-the-open/">Second night in the open</a>

Thamel gets back to business

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