Sirjana Sizzu Sirjana Sizzu does not recall having stayed in any one place for any length of time &nbsp;since she left her home in West Rukum to travel to Upper Dolpo in 2020. Sirjana had an affinity for the great outdoors from a young age, and graduated in forestry from a college in Kathmandu. She wanted to get a government job, but was unsuccessful twice.&nbsp; We reached Sirjana on the phone one recent afternoon in Bardia, where she had just returned from a safari. Months earlier she was 4,100m up at Panch Pokhari in Sindhupalchok. “I go where my whim takes me, I might be in one district today and another tomorrow, home is wherever I happen to be,” says the 27-year-old travel content creator. “I did not see a tiger but I definitely heard one, so I think it must have seen me.”&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240309040332_dccdfd6dc1d37ad868b43524fd94b58eeb5f722e73f8f63029fcf8c473f76d87.jpg" data-media-id="editor_0" data-image-id="20240309040332_dccdfd6dc1d37ad868b43524fd94b58eeb5f722e73f8f63029fcf8c473f76d87" data-rendition-name="original" width="2000" height="1500" loading="lazy" alt="Women travellers"> <figcaption>Sirjana Sizzu.</figcaption> </figure>  One of the lowest moments in Sirjana's life became a turning point because she had gone off to explore the mountains near her home. Filming and posting videos on YouTube seemed like a natural next step, which was easy because she had posted clips during her forestry field trips.&nbsp; Sirjana began documenting her journeys to little-known destinations in Karnali Province, filming and editing on her phone and posting on YouTube — learning as she went along.&nbsp; <a href="https://www.youtube.com/@sirjanasizzu">Her YouTube channel</a> has amassed more than 100,000 subscribers, placing her among the top Nepali travel vloggers. But the life of a content creator is not easy. Monetisation is complicated, and the lack of connectivity in remote areas is a hindrance. Navigating the intricacies of being a content creator in Nepal is an adventure in itself. Sirjana remembers passing through remote villages in Karnali where people were initially wary of outsiders, but who welcomed her into their homes, and even helped her film. She says, “When a person takes the very first step to unexplored places, it is easier for others to follow because Nepalis always make space after initial &nbsp;apprehension. Even though I travel solo, I am never alone. The people I meet become my companions and my friends.” Vedica Gajurel  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240309010344_d8025d2bf1724eceda49575a83742356dc9063c9ef409c96255f34152e093fe6.jpg" data-media-id="editor_2" data-image-id="20240309010344_d8025d2bf1724eceda49575a83742356dc9063c9ef409c96255f34152e093fe6" data-rendition-name="original" width="1500" height="2000" loading="lazy" alt="Women travellers "> <figcaption>Vedica Gajurel in Ilam.</figcaption> </figure>  Vedica Gajurel set out alone towards Tadapani from Khopra along a wild and little-travelled trail in the Annapurna region last October. Her phone speaker was on full volume to scare off wild animals when she heard wild animals in the steep undergrowth. &nbsp; Vedica called the owner of the nearest teahouse and told him what was going on. He told her to stay put, he was coming to get her. The noises got louder and closer. It was a pair of bears. The teahouse owner escorted her to Tadapani, telling her it was a good thing she hadn’t encountered the animals since Himalayan black bears can be dangerous. The 30-year-old chartered accountant <a href="https://www.youtube.com/@vedicaofficial">posts vlogs</a> of her domestic and international travels on YouTube, but the encounter with the bear was too scary and she did not film it.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240309040332_909571b6980be93fd9f72bbb79cd0a5076c38107efa6e234c5571644d8b00715.jpg" data-media-id="editor_4" data-image-id="20240309040332_909571b6980be93fd9f72bbb79cd0a5076c38107efa6e234c5571644d8b00715" data-rendition-name="original" width="2000" height="1125" loading="lazy" alt="Women travellers"> <figcaption>Vedika Gajurel in Annapurna Base Camp.</figcaption> </figure>  Vedica completed high school in Hetauda and did her chartered accountant degree in New Delhi. But even during her internship, she had begun to feel claustrophobic in narrow office cubicles. &nbsp; “I soon realised that corporate life was not for me,” says Vedica, who returned to Nepal in 2018 and worked in banks before calling it quits. “I did not know what I was going to do after I left my job, but I knew I needed to explore.” Vedica did her first journey in Bandipur, and since then has done the Mardi Trek, to Janakpur and Swargadwari, as well as beyond to Thailand, Cambodia, and Laos. She has more than 11,000 subscribers on YouTube.&nbsp; For Vedica, this is more a hobby than a source of income and she pays for her travels through occasional freelance jobs and investments in the stock market. “Earning through content creation is still not sustainable in Nepal,” she says.&nbsp; Travel content creators like Vedica do not let doubts and worry hold them back. Along the way, they have learned to manage everything themselves, from planning to filming and editing to posting. Vedica earliest memories of her travelling alone are of visiting a village of the Lepcha people near Nepal’s eastern border. She was nervous at first, but the villagers organised a welcome program just for her and this put her at ease. Divya Dhakal  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240309010344_e88619f91205ded90c34f9ca89ea6ab2d7c0921598ae7bb0c6442607e4eb1b5a.jpg" data-media-id="editor_5" data-image-id="20240309010344_e88619f91205ded90c34f9ca89ea6ab2d7c0921598ae7bb0c6442607e4eb1b5a" data-rendition-name="original" width="2304" height="1536" loading="lazy" alt="Women travellers"> <figcaption>Divya Dhakal in Khumai Danda below Machhapuchre.</figcaption> </figure>  While some content creators prefer to produce longer vlogs on YouTube, many more post shorter content on Instagram and TikTok.&nbsp; Divya Dhakal has woken up to mountain sunrises all her life in her hometown of Pokhara. The 27-year-old has a Master’s in adventure tourism, and works in hospitality while travelling and creating content in her downtime.&nbsp; “Having grown up surrounded by peaks, it was natural to have the urge to travel and explore,” says Divya, who hiked to Poon Hill for the first time in 2015 and then travelled to Tara Lake in 2019. Unlike more spontaneous digital creators, Divya plans her travel carefully, researching places and communities beforehand. She posts short clips on Instagram, providing context and information on her travels through narration and text-on videos.&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240309040332_86b6184e417cbf20859a90963db8c4cf39fd677446caa3a6f9afdf1d495a2b5a.jpg" data-media-id="editor_6" data-image-id="20240309040332_86b6184e417cbf20859a90963db8c4cf39fd677446caa3a6f9afdf1d495a2b5a" data-rendition-name="original" width="2000" height="1500" loading="lazy" alt="Women travellers"> <figcaption>Divya Dhakal in Dhorpatan.</figcaption> </figure>  Divya thinks it is better to have financial stability before becoming a full time travel volgger since there is not much money coming in from the posts.&nbsp; “Instagram is more convenient for me, because it takes less time, while YouTube would take more dedication and effort,” explains Divya who has 32,000 <a href="https://www.instagram.com/divyadhakal_/?hl=en">followers on the platform</a>. Most women who travel and vlog say their parents are concerned for their safety, but Divya says now that she has established herself in the field, the worries have diminished.&nbsp; Divya recalls staying in a cowshed with nomadic herders in meadows blooming with wildflowers in Dhorpatan in 2022, one of her most meaningful travel experiences. She adds, “The narratives, culture, and ways of life of such far flung communities, especially in western Nepal, are entirely different from the rest of the country.”&nbsp; Pratikcha Karki  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240309010348_724949c520c99e79b78fb428ee48cd0e997e78066740ae3c11d99d435c4bb413.jpg" data-media-id="editor_8" data-image-id="20240309010348_724949c520c99e79b78fb428ee48cd0e997e78066740ae3c11d99d435c4bb413" data-rendition-name="original" width="1500" height="2000" loading="lazy" alt="Women travellers"> <figcaption>Pratikcha Karki in Chhomrong, in Annapurna Base Camp.</figcaption> </figure>  Pratikcha Karki was born and raised in Sikkim and had been to Nepal only a few times previously, once as a toddler, and later on to visit relatives in eastern Nepal.&nbsp; “I was never keen on travelling,” says the 26-year-old chemistry graduate who is currently pursuing an MA in English. “My family insisted I get to know the world, so I thought why not establish my independence through travel.” Everything changed after she visited Nepal in 2019, and trekked to Tilicho Lake in Manang. The hike and scenery were so exciting that she decided to focus on Nepal and has been coming here every other month since 2022. Pratikcha documents her travels primarily<a href="https://www.instagram.com/pratikchakarki/"> on Instagram</a>, preferring to let viewers come across her videos organically rather than actively promoting her channel. She now has more than 114,000 followers.&nbsp; “I was quite camera-shy initially, which is evident in my earlier videos in which I preferred to point the camera towards where I was rather than on myself,” says Pratikcha.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20240309040332_d815db611afa69caefb2121620381ca047b77dc766c98fba45950977d6e4b0a3.jpg" data-media-id="editor_10" data-image-id="20240309040332_d815db611afa69caefb2121620381ca047b77dc766c98fba45950977d6e4b0a3" data-rendition-name="original" width="1500" height="2000" loading="lazy" alt="Women travellers"> <figcaption>Pratikcha Karki's picture from Rara.</figcaption> </figure>  She has been in Kathmandu since November, and was planning her next trip to Kakani when Nepali Times got in touch for this story. &nbsp; Pratikcha Karki remembers standing on the edge of Tilicho Lake and looking out into its ink blue expanse below immense icy cliffs, feeling the urge to explore more of the world around her. She says, “No other place has awakened my need for travel like Tilicho has.”&nbsp;

Shristi Karki

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Women on the move

<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110121144/636ce48c9c7e80680e0966b8jpeg.jpg" alt="" width="1500" height="1000"/><figcaption>Gaumaya Gurung at the Rainbow Mountain in Peru.</figcaption></figure>Gaumaya Gurung moved to the UK with her family 15 years ago after completing Grade 10. Realising that she had been losing touch with her Nepali roots since then, she created a YouTube Channel with her friend Deevas Gurung.Both are children of former Gurkha soldiers settled in the UK and their channel ‘<a href="https://www.youtube.com/channel/UCm4VT7skAZL3OLcJ8zySK6Q">Khula Akash</a>’ carries travel vlogs, helping them reconnect with the Nepali language, culture, history, as well as with people."I like to visit new places when I go to Nepal," says Gaumaya. “I want to discover what various parts of the country mean to me specifically— what the Tarai is to me, or Dolpa.”There are currently five videos on the channel documenting trips to Gorkha, Shey Phoksundo and Upper Dolpo. “We had hoped that the audience would be inspired when they heard people living outside Nepal speaking the language,” Gaumaya, who is currently in the UK, tells Nepali Times via WhatsApp.While Deevas does much of the behind-the-scenes work, it is Gaumaya’s voice that the audience hears, narrating their experiences in cheerful, precise Nepali.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110121144/636ce4909c7e80680e0966b9jpeg.jpg" alt="" width="1500" height="1000"><figcaption>Gaumaya and Deevas Gurung at Phoksundo lake in Dolpa. The two friends have been documenting their travels across Nepal on YouTube since August 2020.</figcaption></figure>“The older audience who are our grandparents’ age, are also able to understand us,” she says, explaining why the tone of the narration, which reminds us of Radio Nepal stories from the past, is befitting.But while making the vlogs, Gauamaya soon realised that she had to improve her Nepali. Since moving away from Nepal, she hadn’t paid much attention to writing or speaking the language.Her experience with Nepali during her school days has played a role in the difficulty Gaumaya still faces to grasp the nuances of the language.“Since schools typically prioritise the English language, I was always weak in Nepali,” she recalls. “But as I immerse myself deeper into this process, my interest and love for the Nepali language continue to grow.”Now, Gaumaya does quite a bit of research to find out the translations of many English words in Nepali and to pronounce them, always surprising herself while learning. “The Nepali language is wonderful,” she adds. “And I still have a lot more to learn.”Gaumaya got her bachelor’s degree in Optometry after moving to London and started working as a health worker. In 2011, while she was still in university, she was crowned Miss UK Nepal, becoming a public figure among the Nepali diaspora in Britain. Since then, she has been involved in writing, acting, and modelling.Gaumaya has starred in short films on mental health, domestic violence and drug addiction, and has modelled in Nepali music videos. Two films that she is involved in — Gorkha: Beneath the Bravery and Chukul are lined up for release in 2021. Gaumaya also co-stars in the FX TV and BBC-produced television series Black Narcissus, based on Rumer Godden’s 1939 novel.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110121144/636ce4939c7e80680e0966bajpeg.jpg" alt="" width="658" height="384"><figcaption>Gaumaya in the upcoming film Gorkha: Beneath the Bravery.</figcaption></figure>In 2018, Gaumaya led an eye camp in Gorkha’s Chipleti village that benefited more than 450 people.In her speech crowning a new Miss UK Nepal in 2012, Gaumaya had said, "My journey is not over." At the time, she had used the word ‘journey’ figuratively, but over time, travel has become her reality.Even as she led an active and eventful life, Gaumaya had begun to feel an emptiness and disconnect within her work and relationships. It was during that period in her life, in 2015, that she travelled alone to New York to see Niagara Falls.“During my trip to New York, I realised that I was a free, global citizen, and there was still so much of the world I needed to see,” Gaumaya recounts. “After that, I travelled to Austria. I learned to ski and scuba dive.” The trip had quelled her restlessness and made her look at contentment in a new light.Whenever she is home in London, she works as a freelance optometrist, which funds her travels. She has now visited, both for work and pleasure, more than 40 countries over the last four years.<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110121144/636ce4949c7e80680e0966bbjpeg.jpg" alt="" width="1280" height="960"><figcaption>Gaumaya takes a picture with children in the Ghanian city of Cape Coast.</figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110121144/636ce4979c7e80680e0966bcjpeg.jpg" alt="" width="1500" height="1000"><figcaption>Gaumaya at Machu Picchu, Peru.</figcaption></figure><figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110121144/636ce49b9c7e80680e0966bdjpeg.jpg" alt="" width="1500" height="1000"><figcaption>Gaumaya and Deevas at the Uyuni Salt Flat in Bolivia.</figcaption></figure>While their vlogs so far have seen them meet and recount the unique stories of Nepalis, Gaumaya and Deevas now plan to document their travels across the world.“Our next vlog will see us travelling from Manila to the Coron, Palawan in the Philippines, where we saw Bentley vehicles once used by the US military now being used to ferry passengers,” says Gaumaya. “They looked a bit like Nepali trucks.” Indeed, it is Gaumaya's habit to search for similarities in the geography, landscape, people and customs of the countries she has visited.Gaumaya is happy with the progress she has made in reconnecting with her heritage but says she has a long way to go in her search for personal fulfilment.Says Gaumaya: "Now I invest in experiences. My travels have not only brought me closer to my roots, but also helped me to understand other cultures, languages, and experiences.”

Gaumaya Gurung going places

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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Walking, working, worshipping in Patan