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Nepal sees exciting economic shifts 📈 with record-breaking remittance inflows boosting national reserves 💰 and innovative farming practices addressing climate challenges 🌾. However, issues persist ⚠️ with stalled investigations into government accountability and ongoing delays in insurance claim settlements 🕒. From promising pipeline infrastructure 🚧 to bureaucratic bottlenecks 📑, let's dive into the latest developments shaping Nepal! 🇳🇵
Economy & Development 💸
Nepal’s economic outlook is currently facing headwinds, as the health ministry is considering virtual meetings and training due to a freeze in US aid (Kathmandu Post ). The suspension of funding from USAID, following a change in US administration, threatens crucial healthcare programs – including training for doctors and nurses, and potentially impacting outbreak investigations – and raises serious concerns about the long-term impact on Nepal’s public health infrastructure. Officials are bracing for consequences, and the government is reportedly considering a reduction in its healthcare budget, a move that could have far-reaching implications for access to care.
Despite these significant challenges, Nepal is demonstrating resilience and making strides in strengthening its financial position. Foreign exchange reserves have reached a historic high of Rs 2369 billion (My Republica ), sufficient to cover over 17 months of imports. This increase, driven by factors like rising remittance inflows and a growing tourism sector, provides a crucial buffer against external economic shocks. However, realizing the full potential of this financial stability requires strategic investments, particularly in infrastructure. A key long-term project, the Raxaul-Kathmandu railway, is still under evaluation, with Nepal seeking further input from India regarding its feasibility, potential costs, and long-term economic benefits (Kathmandu Post ). With an estimated cost exceeding Rs 400 billion and a projected 25-year payback period, careful planning and transparent financial assessments are essential to ensure the project delivers a positive return on investment.
In other positive economic news, Nepal received Rs 900 billion in remittances during the first seven months of the fiscal year (Onlinekhabar ), underscoring the continued importance of Nepali workers abroad to the national economy. Commercial banks also experienced a modest 1.62% increase in net profits (The Annapurna Express ), though challenges remain with rising non-performing loans. Prime Minister Oli has recently urged the National Planning Commission to prioritize poverty alleviation efforts, acknowledging the need for sustained economic growth to benefit all segments of society. Increasingly, farmers are also adapting to climate change by cultivating lowland crops at higher altitudes, demonstrating innovative approaches to ensuring food security in a changing environment.
Social & Cultural ⭐
Nepal's creative landscape is currently facing scrutiny, as filmmakers condemn recent restrictions imposed by the censor board (Kathmandu Post ). The controversy centers around Deepak Rauniyar’s film ‘Rajagunj’, where the board initially objected to the inclusion of a clip featuring a past statement by Prime Minister Oli. This sparked debate among artists, with many questioning the legitimacy of censorship policies and their impact on artistic expression. Deepak Raj Giri voiced concerns over the board’s composition, claiming individuals without cinematic knowledge are hindering creativity through restrictive decisions.
This situation resonates with broader concerns about the preservation of Nepal’s cultural identity, explored in detail by The Himalayan Times . The article paints a concerning picture of a nation grappling with the erosion of its cultural heritage. From the physical damage to ancient temples and palaces due to natural disasters, to the dominance of Nepali over indigenous languages, Nepal’s unique traditions are under threat. The piece highlights a historical pattern, noting increased censorship after the establishment of the republic – a contrast to the more open period of democracy. It also points out that while Nepal boasts 124 spoken languages, over half the population identifies with a language other than Nepali as their mother tongue, leading to the marginalization and potential extinction of many indigenous tongues.
However, efforts are underway to strengthen cultural resilience. Nepali Times recently reported that 48 A-level students from Nepal received Outstanding Cambridge Learner Awards, highlighting the importance of education in empowering future generations to understand, preserve, and promote Nepal’s rich cultural heritage.
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Politics & Governance 🪧
Nepal's Public Accounts Committee (PAC), responsible for ensuring governmental transparency, has faced sharp criticism for its inactivity, sitting only six times over the past eight months. Opposition lawmakers allege that PAC Chairperson Rishikesh Pokharel deliberately delays meetings to avoid investigating serious financial irregularities related to major projects, such as land acquisition for Gautam Buddha and Pokhara international airports, according to KTM Post. The investigations, involving billions of rupees, have reportedly stalled due to political interference. Lawmakers now threaten to use parliamentary rules to force meetings if Pokharel continues delaying the committee’s essential oversight functions.
Prime Minister KP Sharma Oli has called on the National Planning Commission (NPC) to prioritize poverty alleviation and entrepreneurship, emphasizing that the commission should focus on boosting productivity and self-reliance among Nepalis. Highlighting the importance of effective governance and infrastructure, PM Oli stressed the NPC's role in closely monitoring national pride projects to ensure tangible improvements in public services, as reported by NepalNews. This directive comes as Nepal strives to advance economic self-reliance by enhancing productivity and entrepreneurial ventures, particularly at local levels.
In a significant development, Nepal Oil Corporation (NOC) has begun importing petrol via the Motihari-Amlekhgunj pipeline, significantly cutting transport costs and enhancing fuel supply reliability, according to Republica. The move marks a significant step in reducing transportation costs and ensuring fuel supply security. Meanwhile, addressing persistent delays in insurance claims, the Nepal Insurance Authority (NIA) plans to establish a judicial bench to expedite resolution processes and restore public trust, Republica reports. Over 141 unresolved insurance claims from recent natural disasters underline the urgency of reform, with the new bench expected to streamline disputes, reinforcing accountability in the insurance sector.
Did you know ❓
Nepal's stock market is led by a diverse range of companies, reflecting the nation's evolving economic landscape. As of March 12, 2025, the top ten companies by market capitalization span sectors from finance and insurance to telecommunications and trading. These firms represent a significant portion of Nepal's economic activity and are key indicators of market health. Here’s a snapshot of the top 10 Companies in Nepal by market cap:
Exchange Rate Used: 1 USD = 138.98 NPR (Google Finance, March 15, 2025)
Diaspora & Globalization 🌎
Nepal continues to be significantly impacted by its citizens working abroad, with remittances reaching Rs 900 billion in the first seven months of the current fiscal year – a 7.3% increase year-on-year (Onlinekhabar ). This inflow of funds is vital to the Nepali economy, and is coupled with a rise in the number of Nepalis seeking foreign employment, with over 230,000 receiving final labour approval during the same period. This demonstrates the ongoing reliance on remittances and the continued demand for opportunities outside of Nepal, highlighting the complex relationship between migration and economic stability.
Notably, Japan is emerging as a key destination for Nepali migrants, now hosting the fifth-largest Nepali diaspora globally with over 206,898 residents (Nepali Times ). This surge, largely driven by student visas allowing part-time work, particularly in the Kyushu region, surpasses the growth of the Brazilian community in Japan. Simultaneously, the government is actively seeking international support for the release of Bipin Joshi, a Nepali citizen held hostage by Hamas since October, with Prime Minister Oli appealing to Egypt for assistance (Kathmandu Post ). This underscores the challenges faced by Nepali citizens abroad, and the diplomatic efforts underway to ensure their safety and wellbeing, while also highlighting Nepal’s engagement in international forums like the upcoming Sagarmatha Sambad climate dialogue.
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This week in Nepal: Aviation takes off, energy investments grow, and governance gets a shake-up! As new international flights expand connectivity and hydropower projects secure major funding, Nepal’s electricity sector continues to evolve, with regional energy trade on the table. Meanwhile, a 12th-century Buddha sculpture returns home, marking a victory for cultural heritage, and health experts warn of rising obesity rates. In the diaspora, NRNA leadership faces legal battles, raising concerns about its future direction. And back home, the government tightens rules on foreign trips—because, apparently, junkets aren’t a national priority. Let’s dive into the latest!
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Economy & Development 💸
Nepal’s aviation sector is showing promising growth, with Gautam Buddha International Airport (GBIA) in Bhairahawa seeing a record 6,800 international passengers in February, marking a steady rise in operations since flights resumed in late 2024. Four airlines—Nepal Airlines, Jazeera Airways, Fly Dubai, and Thai AirAsia—are now running regular flights, signaling increased connectivity for the region. Meanwhile, Pokhara International Airport is set to receive its first scheduled international flight to Lhasa later this month, raising hopes for boosting tourism and economic activity. However, experts remain skeptical about the sustainability of the route, citing Pokhara’s need for stronger connections to major Chinese cities or Gulf destinations to attract more travelers (Khabarhub, SCMP).
Infrastructure investments continue to expand, with Nepal securing a Rs 29.5 billion investment for the Kaligandaki Gorge Hydropower Project. This 180 MW project, expected to be completed by 2029, is a major step toward strengthening Nepal’s renewable energy sector. In parallel, Nepal and Bangladesh have advanced discussions on cross-border energy trade, with Bangladesh expressing strong interest in importing Nepal’s surplus hydropower. This partnership could be a game-changer for Nepal’s electricity market, helping reduce reliance on seasonal imports from India and boosting regional energy cooperation. Meanwhile, the Nepal Electricity Authority (NEA) posted a Rs 11.36 billion profit in six months, largely due to increased domestic consumption and electricity exports to India, reinforcing the country’s potential as an emerging energy hub (My Republica, THT).
Local economic initiatives are also gaining traction, with Mustang launching a new deluxe AC night bus service to Kathmandu, improving connectivity for both locals and tourists. Meanwhile, Kavre has started producing essential oils from Titepati and other medicinal herbs, aiming to turn the region into a hub for herbal products. With Nepal already exporting medicinal herbs worth Rs 2.25 billion last year, this initiative could further boost rural incomes and international trade. While these developments highlight Nepal’s economic progress, challenges remain, particularly in ensuring sustained international air connectivity and optimizing energy exports to fully capitalize on regional demand (Onlinekhabar, KTM Post).
Social & Cultural ⭐
In a significant cultural milestone, the Art Institute of Chicago (AIC) has returned a 12th-century sculpture, Buddha Sheltered by the Serpent King Muchalinda, to Nepal. This decision followed meticulous provenance research revealing the artifact had been illicitly removed from Guita Bahi in the Kathmandu Valley. The AIC proactively collaborated with the Nepali government to facilitate the repatriation, underscoring the importance of ethical stewardship in the art world. Sharad Raj Aran, chargé d’affaires at the Embassy of Nepal, remarked that the sculpture's return "strengthens the bond between heritage and community, ensuring future generations can connect with their history" (The Art Newspaper).
In health news, a recent report published in The Lancet projects that by 2050, half of Nepal's adult population could be overweight or obese. The study highlights a troubling rise in non-communicable diseases such as type 2 diabetes, cardiovascular ailments, and certain cancers, attributed to increasing obesity rates. Experts warn that Nepal faces a “double burden” of malnutrition, as hunger remains an issue while obesity surges, particularly in urban areas. Public health practitioners stress the need for urgent policy interventions to curb the crisis before it spirals further out of control (KTM Post).
Meanwhile, in sports, Nepal's national women's football team has climbed to 99th in FIFA’s latest rankings, moving up four spots. While still far from the top, this improvement reflects their solid performance in the recent four-nation International Women's Championship. However, with regional rivals like India ranked much higher, there’s still a long road ahead for Nepalese women’s football to break into more competitive ranks (My Republica).
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Politics & Governance 🪧
The government has begun work on the next fiscal year's budget, setting a ceiling of Rs1.9 trillion while grappling with cuts in U.S. aid, including funds from the Millennium Challenge Corporation. The Ministry of Finance is under pressure to manage resources efficiently, with officials hoping for a resumption of international support. Meanwhile, a Rs3 billion reduction in Nepal’s health budget has raised concerns over the continuity of key programs in maternal health, immunization, and epidemic control. With USAID's funding freeze, officials warn that Nepal may struggle to sustain its progress in public health, affecting everything from disease prevention to mental health services (KTM Post).
In a move to curb unnecessary foreign trips, the government has tightened restrictions on ministers and secretaries traveling abroad, citing concerns over misuse of public funds. Ministers and secretaries from the same ministry can no longer attend the same international events, and at least one-third of any delegation must be women. This policy comes amid longstanding criticisms that taxpayer-funded trips often serve little diplomatic purpose. Meanwhile, a controversial land ordinance has been put on hold after strong opposition from Madhesh-based parties, who claim the amendment would benefit land mafias. The ruling coalition is now negotiating a way forward, with some members threatening to withdraw support if their concerns are ignored (KTM Post).
Political tensions escalated as Prime Minister KP Sharma Oli challenged former King Gyanendra Shah to contest the 2084 BS elections, indirectly criticizing royalist movements calling for monarchy’s revival. Oli dismissed anti-government protests, asserting that democracy remains the only legitimate system. Meanwhile, Kathmandu Mayor Balendra Shah clashed with the central government after rejecting a directive from the Ministry of Federal Affairs regarding the appointment of a chief administrative officer. Shah's refusal to comply has reignited debates over local governance autonomy and the central government’s interference in municipal affairs (My Republica).
Did you know ❓
Did you know? The world’s first recorded tiger conservation area was established in Nepal—not in the 20th or 21st century, but in the late 18th century! During the rule of King Rana Bahadur Shah, large areas of the Terai were declared hunting-free zones to protect Bengal tigers and other wildlife. This was long before modern conservation efforts and national parks. While later rulers used parts of these reserves for royal hunting, this early initiative showed Nepal’s longstanding connection to wildlife conservation—centuries ahead of the global movement!
Diaspora & Globalization 🌎
The Non-Resident Nepali Association (NRNA) is embroiled in legal controversy after Nepal’s Supreme Court Implementation Directorate issued a directive favoring an older ruling that mandates the transfer of assets to a high-level committee led by former president Shesh Ghale. However, a later SC decision annulled the first ruling, officially recognizing the current executive body under President Dr. Badri KC. Dr. KC has strongly opposed the directive, arguing that the court administration is overstepping its jurisdiction and ignoring the second ruling. The dispute has raised concerns within the NRNA, with officials calling for legal remedies and unity through adherence to due process. Some members worry that ongoing legal battles could weaken the organization’s global influence and disrupt upcoming elections (My Republica).
Meanwhile, in a positive step for Nepal’s global academic presence, Lumbini Buddhist University (LBU) has announced plans to establish a Buddhist study center in California, offering master’s programs and short-term courses in collaboration with Enlight International Zen Meditation Centre. This initiative aims to spread Buddhist education internationally and strengthen Nepal’s cultural and spiritual connections abroad.
In another global concern, the health crisis facing Nepali migrant workers continues to escalate, with many struggling to access healthcare in host countries. While Nepal has introduced telemedicine services to offer remote medical consultations, experts argue that these initiatives remain underfunded and inaccessible to most migrants. The government is being urged to expand these services to better support the millions of Nepalis working abroad who contribute significantly to Nepal’s economy through remittances (KTM Post).
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From financial crackdowns to earthquake tremors, Nepal has had a shaky but eventful week! The central bank is tightening its grip on suspicious transactions, while internet shutdown threats and infrastructure delays keep tensions high. On the bright side, exports are booming, luxury imports show resilience, and Nepal just opened its first-ever embassy in Portugal—all as record numbers of Nepalis head abroad for work. Whatever the challenge, Nepalis keep pushing forward—at home and beyond!
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Economy & Development 💸
Nepal Rastra Bank (NRB) is tightening its grip on financial oversight following the country's re-entry onto the Financial Action Task Force (FATF) grey list. The central bank has directed three major state-owned financial entities—the Employees’ Provident Fund (EPF), Citizen Investment Trust (CIT), and Social Security Fund (SSF)—to scrutinize transactions of high-ranking officials and their families, aiming to curb potential money laundering. These institutions must enhance Know Your Customer (KYC) protocols and report suspicious activities within three days.
To ease a growing cash shortage in banks, NRB is injecting Rs 30 billion in repo funds—a short-term borrowing tool to boost liquidity.. Meanwhile, a shift in auto loan policies is stirring debate, as NRB has tightened lending rules for electric vehicles while easing restrictions on fossil-fuel-powered ones—potentially slowing EV adoption and favoring petrol and diesel car imports (Republica, THT, Nepal News).
Infrastructure and digital connectivity are facing roadblocks, with two key sectors experiencing uncertainty. The Upper Myagdi Hydropower Project (37 MW) has finally kicked off, backed by an investment of over Rs 6.6 billion, with a completion target of mid-2026. Once operational, it aims to generate 215.7 GWh of electricity annually, easing Nepal’s power deficit. In contrast, Nepal’s internet service providers (ISPs) are once again warning of a potential shutdown due to government delays in approving foreign exchange payments. Despite settling outstanding dues, ISPs claim the Ministry of Communications is withholding approvals, leaving Indian upstream providers like Airtel and Tata unpaid. This bureaucratic deadlock threatens national connectivity, especially as ISPs highlight past internet blackouts linked to unresolved debts (Republica, KTM Post).
Meanwhile, economic and infrastructure developments are showing mixed trends. While concerns persist over Nepal’s economic slowdown, rising imports of luxury goods and high-tax items have boosted customs revenue by 17%, indicating strong domestic demand. In trade, exports through the Birgunj border have nearly doubled, led by shipments of refined soybean and sunflower oil. Additionally, the government has begun constructing an alternative route for the Mugling-Narayanghat highway, aiming to ease congestion and mitigate landslide disruptions. On a broader economic note, ADB’s chief economist has praised Nepal’s strides in poverty reduction but stressed the urgency of moving beyond a remittance-driven economy to one based on productivity and job creation (Republica, KTM Post, Republica).
Social & Cultural ⭐
A 6.1-magnitude earthquake shook Sindhupalchok early Friday, jolting residents awake and sending many outdoors in panic. Though no major damage was reported, the tremor—felt strongly in Kathmandu Valley—was a stark reminder of Nepal’s seismic risks. Social media lit up with calls for better disaster preparedness and early warning systems. (KTM Post)
Meanwhile, Maha Shivaratri celebrations brought tens of thousands of devotees to Pashupatinath Temple, where sadhus and pilgrims openly smoked marijuana—a rare exception to Nepal’s otherwise strict drug laws. While many advocate for cannabis legalization, authorities continue to tread cautiously. Other major temples, including Doleshwor Mahadev in Bhaktapur, also saw massive turnouts, with over 60,000 worshippers participating in midnight rituals and sacred fire ceremonies. Elsewhere, Nepal received positive health news, as WHO reaffirmed the country’s sustained elimination of maternal and neonatal tetanus, citing continued success in vaccination programs and maternal healthcare services. (THT, KTM Post)
Nepal’s eucalyptus boom, once promoted as a cash crop, is now raising concerns over soil degradation and water depletion, highlighting the tension between economic forestry and ecological sustainability. Meanwhile, a study reveals LGBTQI+ youth face high anxiety and depression, with limited access to mental health support due to stigma and financial barriers. At the same time, debate over divorce laws is heating up, with growing calls for gender-balanced reforms amid claims that current policies favor women in property division.(Mongabay, KTM Post, Republica)
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Politics & Governance 🪧
Nepal is making strides on the global stage as Foreign Minister Arzu Rana Deuba seeks international support for the country’s candidacy to the UN Human Rights Council for the 2027-2029 term. Addressing representatives in Geneva, Deuba highlighted Nepal’s progress in human rights, particularly in protecting women, children, and minorities, and emphasized the nation’s commitment to democracy and transitional justice. This move underscores Nepal’s growing role in global human rights advocacy KTM Post .
Meanwhile, the Office of the Prime Minister and Council of Ministers (OPMCM) unveiled its E-Governance Blueprint, aiming to transform public services through digital technology. The blueprint focuses on transparency, accountability, and efficiency, with plans to establish a Data Protection Authority and enhance digital literacy. This initiative reflects the government’s push to modernize governance and improve service delivery. At the same time, Prime Minister KP Sharma Oli addressed the misuse of digital technology, stressing the need for international cooperation to combat digital crimes while ensuring citizens’ rights to use social media responsibly My Republica, THT .
In a surprising development, former King Gyanendra Shah released a video message on the eve of Nepal’s 75th Democracy Day, calling for national unity and hinting at a potential return to the monarchy. His statement has reignited debates about Nepal’s political identity, with royalist groups rallying behind his call while major political parties dismissed it as divisive. Shah’s appeal reflects growing disillusionment with the current political system and has stirred conversations about the monarchy’s role in Nepal’s future Nepal News .
Did you know ❓
Yak Cheese Was Introduced by a Swiss Man. While many Nepalis take pride in yak cheese as part of their Himalayan heritage, few know that its commercial production in Nepal began with a Swiss dairy expert! In the 1950s, Fritz Maurer helped set up Nepal’s first yak cheese factory in Langtang, introducing European techniques to enhance local cheese-making traditions. Today, Nepal remains one of the few places in the world where authentic yak cheese is produced, but here’s the catch—most "yak cheese" sold in Kathmandu isn’t actually from a yak! Since only female yaks (called nak) produce milk, technically, it should be called nak cheese—but the name yak cheese stuck, likely because it’s more marketable. Whether you try it fresh or aged, this protein-rich, umami-packed cheese is a must-taste if you visit Langtang, Rasuwa, or Dolpo.
Diaspora & Globalization 🌎
Nepal has officially opened its first embassy in Portugal, a major step in strengthening diplomatic ties and improving services for the growing Nepali community. The newly set-up Lisbon office has launched a mobile consular service, assisting with passport renewals, document authentication, and kinship verification, already handling hundreds of applications. As more Nepalis seek opportunities in Europe, officials are working toward a permanent embassy location for full-fledged services. Meanwhile, Nepal and China have signed an agreement to enhance cultural and ethnic cooperation, focusing on tourism, education, and governance exchanges as part of broader diplomatic outreach. (OnlineKhabar, KTM Post).
Over 465,000 Nepalis have secured work permits abroad in just seven months, underscoring Nepal’s heavy reliance on foreign employment. The UAE, Saudi Arabia, and Qatar remain top destinations, while migration to Malaysia declines due to restrictions. Meanwhile, Europe—Croatia, Cyprus, France, Poland, and Romania—is emerging as a new hub for Nepali workers. As the government works to regulate migration, policymakers stress the need for economic reforms to reduce Nepal’s dependence on remittances and boost local job opportunities. (Republica).
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Nepal’s news this week is a wild ride 🚀—from eye-popping trade deficits and a campus crisis that’s rocked the nation 😢, to a vibrant revival in traditional Dhaka fabric and even solar-powered solutions for snow leopards 🐆. While the government scrambles to dodge FATF penalties ⚠️ and political alliances fizzle out, innovative exports and digital transformations prove that Nepal never runs out of surprises. Buckle up and join us as we dive into a rollercoaster of economic, cultural, and political twists that keep the nation buzzing! 🎢✨
Economy & Development 💸
📊 Nepal’s trade deficit soars to Rs 861.38 billion, despite a 46% export increase.
* Imports: Rs 988.58 billion
* Exports: Rs 127.20 billion
* Import-to-export ratio: 🚢 88.6% imports vs. 11.4% exports—a major imbalance
* Biggest Deficits:
* 🇮🇳 India: Rs 498.34 billion deficit
* 🇨🇳 China: Rs 190.44 billion deficit
* Other countries: UAE, Argentina, Australia
India remains Nepal’s largest trade partner and contributor to the deficit, with imports from India at Rs 596.35 billion compared to just Rs 98.75 billion in exports. Nepal also faces a massive Rs 190.44 billion deficit with China, as exports to the northern neighbor remain minimal. Despite Nepal maintaining a trade surplus with 35 countries, including Afghanistan, the gains are minor compared to the massive deficits with India and China. Experts stress that diversifying exports beyond soybean oil and agricultural goods and reducing reliance on expensive imports like petroleum is crucial for long-term economic stability. (Source: THT)
Despite these trade challenges, one unlikely Nepali export is thriving—dog chews. Nepal’s dog chew exports surged by 27.82%, with over 90% of production headed for the U.S. and Canada. While demand grows, producers are securing more raw materials to scale up. (Source: KTM Post)
In other developments, Nepal is seeing a shift toward digital transformation. The E-Commerce Bill was unanimously passed, aiming to regulate and systematize online transactions amid a growing digital economy. The law introduces consumer protections, taxation measures, and guidelines for online retailers, marking a significant step toward formalizing Nepal’s e-commerce sector. Additionally, EV imports surged to Rs 15 billion, signaling a shift toward sustainable transport, while Nepal’s handmade paper industry struggles to survive digitization. These trends reflect both growing modernization and economic shifts as Nepal adapts to new market dynamics. (Sources: OnlineKhabar, KTM Post)
Social & Cultural ⭐
The tragic death of Prakriti Lamsal, a third-year B.Tech student at KIIT University in India, has ignited protests, diplomatic intervention, and widespread public outrage. Lamsal endured months of blackmail and harassment from a fellow student, but her complaints were ignored by university authorities. Suspected to be a suicide, her death has raised serious allegations of institutional negligence, with students accusing KIIT of tampering with evidence and suppressing the case.
In response, 500+ Nepali students protested but were forcibly evicted, beaten, and abandoned at a railway station. Social media erupted in anger after videos surfaced of KIIT staff assaulting students and making xenophobic remarks. Nepal’s government intervened, leading to the arrest of the accused student and a promise of a fair investigation from Indian authorities. KIIT, in an attempt at damage control, has announced scholarships in Lamsal’s name but has yet to issue an apology. While the university has invited students back, concerns over justice and student safety remain unresolved (Sources: Republica, KTM Post, OnlineKhabar)
Despite this somber backdrop, Nepali fashion is experiencing a cultural revival, with Dhaka fabric making a strong comeback in modern wardrobes. Once reserved for formal attire and traditional topis, Dhaka is now appearing in corporate wear, wedding outfits, and even accessories. Designers and entrepreneurs are blending handwoven craftsmanship with contemporary styles, making Dhaka more accessible and versatile for younger generations. This revival not only strengthens Nepali cultural identity but also provides sustainable economic opportunities for local weavers, preserving a centuries-old tradition in an era of mass production. (Source: KTM Post)
In Nepal’s highlands, local women are leading efforts to protect endangered snow leopards while securing their livelihoods. In Dolpa, farmers who once retaliated against the big cats are now using solar-powered deterrents and reinforced enclosures to prevent livestock attacks. Conservationist Tshiring Lhamu Lama has already distributed 100 deterrent devices, with plans to expand, fostering a model of coexistence between humans and wildlife. (Source: BBC Future)
Finally, Nepal’s tourism industry is shifting towards luxury and experiential travel, catering to a growing demand for high-end, culturally immersive experiences. Hospitality entrepreneur Desh Bandhu Basnet highlights the rise of eco-tourism, wellness retreats, and premium accommodations, particularly among Indian and Chinese tourists. While Nepal has long been known for adventure tourism, industry leaders see opportunities in attracting upscale travelers looking for a blend of heritage, comfort, and sustainability. (Source: KTM Post)
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Politics & Governance 🪧
Bad news for Nepal’s financial standing—The country is back on the FATF grey list, meaning tougher international scrutiny on banking and financial laws. If not fixed, Nepal could face sanctions that impact businesses, remittances, and foreign investment.
Nepal has been placed back on the Financial Action Task Force (FATF) grey list, amid mounting concerns over deficiencies in its anti-money laundering (AML) and counter-terrorist financing (CFT) frameworks. This designation reveals critical vulnerabilities in regulatory enforcement and oversight, particularly in high-risk sectors like real estate, cooperatives, and informal money transfer services. The FATF’s renewed scrutiny underscores that Nepal’s current financial safeguards are insufficient, potentially leading to increased transaction costs, reduced foreign investment, and the risk of international sanctions if remedial measures are not swiftly implemented.
Finance Minister Bishnu Prasad Paudel has pledged a series of reforms—including enhanced risk-based supervision and improved coordination among law enforcement agencies—to address these gaps within a strict two-year deadline, after which Nepal could face a transition to the FATF blacklist with severe consequences for its access to global financial markets. (Source: KTM Post)
In other political developments, Madhav Kumar Nepal—the leader of the CPN (Unified Socialist) party—has firmly dismissed any possibility of a merger with other leftist factions, including the CPN (Maoist Centre). This statement comes shortly after suggestions of unification were floated by some within the Maoist Centre, underscoring persistent divisions within Nepal’s leftist political landscape and signaling continued challenges in forming cohesive alliances ahead of upcoming elections. (Source: KTM Post)
Did you know ❓
Nepal’s first hydroelectric power station, the Pharping Hydro Power Project, was established in 1911. Originally named the Chandrajyoti Hydro-electric Power Station, it was inaugurated by King Prithvi Bir Bikram Shah Dev during a historic lighting ceremony at Tudhikhel, Kathmandu.
As the second hydroelectric plant in South Asia, this pioneering project marked Nepal’s early foray into renewable energy. Though it no longer generates electricity, the site was transformed into a Living Museum in 2010, preserving its legacy as a testament to Nepal’s engineering history. Today, its reservoir contributes to the drinking water supply for Lalitpur District. This little-known piece of Nepal’s energy history remains a symbol of the country’s long-standing commitment to sustainability.
Diaspora & Globalization 🌎
Nepal Airlines and Japan Airlines have inked an interline deal that makes booking a single ticket to global destinations a reality, boosting both tourism and trade. This move promises smoother connections for travelers worldwide while putting Nepal on the international travel map. (Source: REP)
US President Donald Trump has slammed Nepal's federalism aid as a fraud, leading to the cancellation of key grants and sparking heated debate both online and in diplomatic circles. (Source: THT)
In a bold, tongue-in-cheek response, Kathmandu Mayor Balen Shah thanked Trump for making Nepalis appreciate their own country's strengths—a remark that has struck a chord with the global Nepali community. (Source: Nepal News)
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From booming IT exports to budget cuts and crypto busts, Nepal is keeping things lively! While airports expand and power deals take shape, corruption rankings and industry struggles remain a headache. At least Nepali athletes and innovators are making their mark worldwide—so there’s always a silver lining!
📢 If you enjoy this digest, share the love! 💙 Forward it to friends, family, or colleagues who’d love to stay updated on Nepal. Your support means the world! 🙌✨
Economy & Development 💸
Nepal’s IT sector is booming, with exports of IT goods and services reaching Rs 28.5 billion in just six months of FY 2024/25—nearly double the previous year’s total. According to Nepal Rastra Bank, IT exports have steadily increased, signaling the country's growing role in the global digital economy. This surge reflects Nepal’s expanding tech ecosystem, cross-border fintech collaborations, and rising demand for outsourcing. Experts believe with better infrastructure and policy support, Nepal’s digital economy could become a major export sector. More on Republica.
While Nepal’s digital economy is booming, physical connectivity is also expanding—In aviation, Kathmandu’s Tribhuvan International Airport (TIA) is on track to exceed 5 million international passengers this year, a sharp rise from pre-pandemic levels. Increased tourist arrivals, student travel, and labor migration have fueled growth, though airport congestion remains a challenge. Meanwhile, TIA’s taxiway expansion project is halfway complete, with full operational improvements expected by 2026. While the taxiway project is on schedule, other airport construction works lag behind, prompting concerns about continued flight disruptions. Authorities have extended airport operating hours to ease congestion, with further upgrades planned. More on KTM Post.
The government is seeking private sector proposals to revive struggling industries, with Prime Minister KP Sharma Oli emphasizing public-private partnerships as key to economic recovery. Business leaders have called for policy reforms, better infrastructure, and investment incentives to support long-term growth. Meanwhile, Nepal and India have agreed to build new cross-border transmission lines, enabling Nepal to export 16,000 MW of electricity by 2035. This move is part of Nepal’s broader plan to position itself as a regional energy hub, with new agreements strengthening trade ties with both India and Bangladesh. Lastly, Nepal has ranked 69th in the Climate Risk Index, with experts questioning the ranking as severe climate-induced disasters continue to impact the country. More on THT.
The US has withdrawn $39 million in aid for Nepal, cutting funding for fiscal federalism ($20M) and biodiversity conservation ($19M) as part of broader foreign aid reductions. The decision, announced by the Department of Government Efficiency (DOGE), impacts multiple nations and development projects globally. Experts warn this could slow Nepal’s governance and conservation efforts, adding financial strain to already limited resources. More on My Republica.
Social & Cultural ⭐
Nepali kickboxer Abiral Ghimire, known as the "Snow Leopard," has claimed another international title by winning the K1 World Max 2025 championship in Tokyo. Ghimire defeated Japanese fighter Yasuhito Sirasu in the third round, adding to his growing reputation as one of Nepal’s top combat sports athletes. Already an ISCA World Champion, he now holds three major K1 Kickboxing titles. Trained by his father, former international fighter Dev Ghimire, and having undergone specialized training in Thailand, Ghimire’s success has once again put Nepal on the global kickboxing map. More: MyRepublica.
Nepal’s achievements in medicine and mountaineering continue to gain international recognition. Laos is set to adopt the Tilganga Institute of Ophthalmology’s eye care model, after witnessing its success in delivering high-impact surgeries with limited resources. Led by Dr. Sanduk Ruit, a Tilganga team conducted a free eye camp in Laos, restoring sight to 265 patients, including a blind teacher who regained vision. The Laotian government will send medical teams to Nepal for training, with support from the Fred Hollows Foundation and Cure Blindness project.
In mountaineering, Nepal has officially added six new peaks over 8,000 meters, raising its count to 14 eight-thousanders. The Kanchenjunga and Lhotse ranges house these newly recognized peaks, and while awaiting international approval, their recognition could significantly boost Nepal’s tourism economy. If accepted by global mountaineering bodies, these peaks could attract climbers seeking new challenges beyond Everest, Annapurna, and Dhaulagiri, bringing in additional revenue and reinforcing Nepal’s status as the world’s top high-altitude destination. More: KTM Post | More: KTM Post.
Politics & Governance 🪧
Nepal’s government has slashed the national budget by Rs 168 billion to Rs 1.692 trillion, citing slow spending and weak revenue collection. Similar cuts last year raised concerns over overambitious fiscal planning, which experts warn disrupts infrastructure and development. Calls are growing for a more realistic approach to budgeting. More on Republica.
Nepal has dropped to 107th place in Transparency International’s Corruption Perceptions Index (CPI 2024) with a score of 34/100. While a minor drop, it underscores ongoing corruption issues and growing public frustration. Many are urging stronger accountability measures to improve governance and attract foreign investment. Full report on THT.
Meanwhile, police have busted a Rs 3.13 billion cryptocurrency scam, arresting 23 Indian nationals involved in illegal trading. The lack of clear crypto regulations in Nepal is fueling such crimes, and experts are pushing for urgent government action. Read more on Republica.
On a positive note, Nepal and India are set to restart talks on key infrastructure projects like the Pancheshwar and Saptakoshi dams. These projects could generate 6,480 MW of electricity and boost irrigation, offering long-term benefits for both nations. While political hurdles remain, renewed negotiations signal progress toward long-awaited development. More on KTM Post.
Did you know ❓
The Kali Gandaki Gorge in Nepal is the deepest gorge in the world, plunging over 5,571 meters (18,278 ft) between Dhaulagiri (8,167m) and Annapurna (8,091m). Carved by the Kali Gandaki River, which originates in Tibet, this ancient gorge is home to sacred Saligram fossils, revered in Hinduism as forms of Lord Vishnu. It also forms part of the Annapurna Circuit, a world-famous trekking route, and is known for its powerful winds that sweep through the valley. A true geological wonder, it has been eroding the Himalayas for millions of years, revealing some of the oldest rock formations on Earth.
Diaspora & Globalization 🌎
In the US, 20 Nepalis have been deported within weeks of Donald Trump’s return to office, following an executive order targeting undocumented immigrants. US immigration data shows 1,365 Nepalis without legal status, and officials expect deportations to increase as the administration enforces stricter policies. While some countries report harsher treatment of deportees, Nepali authorities confirm that returnees have faced no mistreatment so far, arriving on regular commercial flights. However, concerns over irregular migration and human trafficking are growing, as many Nepalis continue to take risky routes to reach the US. With deportations rising, experts are urging for safer, legal pathways for Nepali workers abroad. More: OnlineKhabar.
Japan is set to recruit 20,000 Nepali caregivers, offering three- to five-year contracts with salaries of up to 200,000 Japanese yen per month. Candidates aged 18 to 45 must pass a Japanese language test and skills assessment before qualifying for interviews. Meanwhile, Israel is preparing to welcome 1,000 Nepali auxiliary workers, the first batch under a government-to-government (G2G) agreement. These workers, selected through a transparent lottery, will be employed in elderly care facilities, with the remaining 1,100 candidates expected to follow soon. Both programs mark significant steps in Nepal’s labor migration sector, creating structured job opportunities with legal protections. With increasing demand for skilled caregivers abroad, such initiatives could shape the future of Nepal’s overseas employment. More: THT | KTM Post.
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📢 Our Ask This Week! If you enjoy this digest, share the love! 💙 Forward it to friends, family, or colleagues who’d love to stay updated on Nepal. Your support means the world! 🙌✨
Welcome to another whirlwind week in Nepal, where the rupee is on a losing streak, the internet had a dramatic ‘power nap,’ and politicians are still stuck in an endless tug-of-war over ordinances. Meanwhile, wildfires are making an early and unwelcome entrance, and the government is promising 5G even while 4G still struggles to load memes. But it’s not all doom and gloom—search-and-rescue tech is getting an upgrade, local pharma is stepping up, and Everest climbers might finally have to make some friends now that solo expeditions are off the table. Buckle up, because there’s a lot to unpack!
Economy & Development 💸
Nepal’s economy is facing mounting pressure as the Nepali rupee continues to weaken against the US dollar, hitting a record low of Rs. 141 per dollar (Republica). The fall is mainly due to the weakening Indian rupee, to which Nepal’s currency is pegged, and the relentless strengthening of the US dollar. As India grapples with trade deficits and declining foreign reserves, the ripple effect is felt in Nepal, where the cost of imported goods is rising sharply. The US dollar’s rise has been fueled by higher interest rates, strong economic data, and global investors seeking safe-haven assets, making it even more expensive for Nepal to settle foreign debts and purchase essential imports.
With Nepal heavily reliant on imports for fuel, food, medicine, and raw materials, a weaker rupee means higher prices and increasing inflation, which stood at 5.41% in January (Kathmandu Post). This is making everyday essentials more expensive for Nepali households. Businesses, too, are feeling the impact as rising import costs drive up production expenses, potentially slowing investment and economic activity. Additionally, the government now faces higher repayment costs on foreign loans, further straining national finances.
However, not all effects are negative. The remittance sector, which plays a crucial role in Nepal’s economy, is benefiting as Nepalis working abroad send home higher-value foreign earnings, providing relief to many families. Exports, particularly in handicrafts, textiles, and tea, could also gain a competitive edge as Nepali goods become cheaper in international markets. Still, since Nepal imports much more than it exports, the benefits may not be enough to offset the broader economic challenges. Experts are calling for stronger policy measures, including boosting domestic production, managing inflation, and strengthening foreign reserves, to help stabilize the economy in the months ahead.
Other Developments in Economy and Healthcare
In the healthcare sector, Nepal Aushadhi Limited, the government-run pharmaceutical company, has taken a major step by securing a Good Manufacturing Practice (GMP) certificate, meeting WHO standards (Rising Nepal). With government funding of Rs. 247.8 million, the company aims to produce 98 essential medicines locally, reducing dependency on imports and making vital drugs more affordable.
Meanwhile, Nepal has introduced new search-and-rescue technology in the Himalayas with the RECCO SAR Helicopter Detector system (Himalayan Times). Now operational with trained Nepali pilots and mountaineers, the system allows faster aerial searches, improving safety for trekkers and climbers in the region.
Social & Cultural ⭐
Nepal recently experienced a nationwide internet outage, leaving millions without service and exposing the country’s heavy reliance on Indian bandwidth providers. The disruption, which began at 8 p.m. on Sunday, was linked to unpaid dues of over NPR 600 million to Airtel, the primary provider for Nepal’s ISPs. As a result, major internet services, including WorldLink, CG, and Vianet, slowed to a crawl, forcing many users to turn to mobile data. Frustrated netizens flooded social media with complaints, humor, and memes, with some even jokingly tying the outage to the controversial "troll bill" in Parliament. This isn’t the first time Nepal has faced such issues—last May, a similar outage occurred due to financial disputes, raising concerns about the country’s digital vulnerability. With Airtel supplying 80% of Nepal’s bandwidth and only limited alternatives from Tata Communications and China, experts warn that without better financial and infrastructure planning, future outages are inevitable. THT, OnlineKhabar
Meanwhile, wildfires in the Gaurishankar Conservation Area are raging out of control, turning snow-capped peaks black with smoke and threatening wildlife such as red pandas and Himalayan tahrs. The fires, which started unusually early in the season, have been worsened by a lack of snowfall, leaving forests dry and highly flammable. Conservation authorities suspect human negligence, with reports indicating that abandoned cooking fires and carelessly discarded embers may have been the cause. Firefighters and local teams have struggled to contain the blazes due to the steep and rugged terrain, forcing some efforts to be abandoned. At the same time, fire incidents are also rising in Kathmandu, with officials warning that the dry season could lead to even more outbreaks if proper precautions aren’t taken. The increasing frequency of wildfires has raised concerns about climate change and the need for better fire prevention measures in Nepal’s vulnerable regions. KTM Post, THT
In other news, Nepal has banned solo expeditions on Everest, citing safety concerns, and the government is taking steps to recognize intangible cultural heritage for the first time. Efforts are also underway to enlist the Budhanilakantha Temple as a UNESCO World Heritage site. Additionally, tenant farmers from Dang have launched protests in Kathmandu, demanding land rights after decades of cultivating trust-owned land. These developments reflect the evolving social and cultural landscape of Nepal. KTM Post, Nepal News, TRN
Politics & Governance 🪧
Nepal’s political landscape remains tense as Prime Minister KP Oli convened a high-level coalition meeting to break the deadlock over six key ordinances. The government had planned to table them in Parliament but withdrew at the last moment due to a lack of majority in the National Assembly. The fate of these ordinances now hinges on the Janata Samajbadi Party-Nepal (JSP-Nepal), whose three votes could tip the balance. JSP-Nepal has voiced strong reservations, questioning the urgency behind the move. Meanwhile, public frustration is growing over Parliament’s sluggish pace, with critics blaming absentee lawmakers and a lack of political will for the delays in legislation. As debates continue, Oli has defended the ordinances as necessary due to the slow pace of lawmaking, but opposition leaders argue they undermine democratic procedures. With over 50 motions filed against the ordinances, Nepal’s legislative deadlock shows no signs of easing. Read more on KTM Post.
Outside the political sphere, Nepal’s slow digital infrastructure growth has prompted Communications Minister Prithvi Subba Gurung to vow the establishment of an IT Park in Kathmandu within the year, aligning with the Digital Nepal Framework. The government also plans to expand 4G services to all 753 local levels and introduce 5G in Kathmandu Valley soon. However, past promises of digital expansion have often stalled due to bureaucratic inefficiencies and financial constraints. Netizens have expressed mixed reactions—some welcome the initiative, while others question the lack of urgency in tackling frequent internet outages, especially in rural areas. Online discussions highlight growing skepticism, with users pointing out past failed commitments to improving connectivity. Full story on TRN.
Meanwhile, diplomatic concerns have taken center stage as the Nepali government urged Israel to intensify efforts for the release of Bipin Joshi, a Nepali student held captive by Hamas, while aviation safety is once again in the spotlight. Long-delayed civil aviation bills have returned to Parliament, aiming to separate Nepal’s aviation regulator from its service provider—a key step toward lifting the EU airspace ban on Nepali airlines. These bills, stuck in legislative limbo for over a decade, are essential for improving air safety and international compliance. Aviation experts warn that further delays could hurt Nepal’s global aviation standing, and with European authorities closely monitoring the situation, pressure is mounting for swift action. More on THT.
Did you know ❓
The Kathmandu Valley’s famous Ason Bazaar is over 1,000 years old! 🛍️ This bustling market has existed since at least the Lichhavi period (400–750 CE) and has been a major trade hub connecting Tibet and India for centuries. Even today, Ason remains one of Nepal’s most important commercial centers.
Diaspora
Nepal received Rs 763 billion in remittances in just six months of the current fiscal year, marking a 4.1% increase from last year. While still growing, the pace has slowed compared to the 22.2% surge recorded in the same period last year. Meanwhile, the number of Nepalis heading abroad for work continues to rise—over 230,000 received first-time approvals for foreign employment, an 11.7% increase, while 162,000 renewed their permits, up 21.4%. Despite steady inflows, experts warn that over-reliance on remittances makes Nepal vulnerable to external economic shocks, emphasizing the need for stronger domestic job creation. More on THT.
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About Nepali Diaspora Digest:
The Nepali Diaspora Digest connects the global Nepali community with curated news, insights, and stories that matter most. Join us as we celebrate and explore the diverse voices and achievements of Nepalis worldwide.
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Stock market up, fuel prices rise. 📈⛽ Exports double, SDG progress slow. 🌍 HPV vaccination starts, Taplejung protests grow. 💉🚠 U.S. aid freeze hits development, govt tightens cybersecurity. 🔒
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Economy & Development 💸
Growth Amid Challenges
Nepal’s economy is projected to grow by over 4% this fiscal year, driven by post-flood reconstruction and increased public spending, according to the IMF. However, severe floods in September 2024 caused Rs46.68 billion in damages, primarily to infrastructure, leading to a trimmed growth forecast. The IMF has pledged $40.6 million. While inflation spiked to 6.1% in December due to flood-induced food price hikes, robust remittances and subdued imports have stabilized Nepal’s external position. The IMF also flagged rising financial sector vulnerabilities, with non-performing loans reaching 4.4% in October, urging timely reforms. (Ktm Post).
In the financial sector, the Nepal Rastra Bank (NRB) has warned three commercial banks—Himalayan Bank, Prabhu Bank, and NIC Asia Bank—for regulatory violations, including non-compliance with loan classification and interest rate directives. This comes as Bagmati Province declared three more cooperatives as crisis-ridden due to financial mismanagement, highlighting the need for stronger oversight. Meanwhile, infrastructure development sees progress with the breakthrough of the 1,089-metre Siddhababa tunnel in Palpa, expected to improve connectivity between Lumbini and Gandaki provinces. However, 33 major projects in Karnali Province remain stalled due to contractor negligence, underscoring the need for better project management. (Ktm Post).
Despite being an agrarian economy, Nepal’s paddy imports from India surged by 103% in the first half of the fiscal year, driven by India’s relaxation of export duties. While this has eased supply constraints, experts emphasize boosting domestic production to reduce reliance on imports. As Nepal navigates these challenges, timely reforms and effective implementation will be key to sustaining growth and ensuring long-term stability. (My Republica).
Social & Cultural ⭐
Progress and Challenges
Nepal’s Supreme Court has upheld the government’s decision to make the National Identity Card (NIC) mandatory for accessing public services, dismissing petitions challenging the move. The NIC is now required for everything from renewing social security allowances to opening bank accounts, as part of efforts to streamline services and combat corruption. While the government argues this will improve efficiency, concerns remain about accessibility for marginalized groups. (My Republica).
In the health sector, a staggering 69% of medical doctors failed the Nepal Medical Council’s licensing test, raising serious concerns about the quality of medical education. Many of these doctors, including repeat test-takers, graduated from both domestic and international institutions. The high failure rate underscores the need for policy reforms to ensure that only qualified professionals treat patients. (Ktm Post).
Meanwhile, efforts to combat air pollution in Kathmandu have revealed that 60% of vehicles tested failed emission standards, with diesel vehicles being the primary culprits. The Kathmandu Metropolitan City is urging vehicle owners to repair or upgrade their vehicles to meet environmental standards, highlighting the ongoing struggle to improve air quality in the capital. (The Himalayan Times).
On a brighter note, Gandaki Province is exploring innovative ways to boost tourism by integrating it with agriculture, culture, and adventure sports. Initiatives like agro-tourism and homestays aim to create local employment and promote sustainable economic growth. Pokhara Mayor Dhanraj Acharya has even declared 2025 as the “Pokhara Visit Year” to attract more tourists. ( Ktm Post).
Politics & Governance 🪧
Turmoil and Tensions
Nepal’s political landscape remains fraught with tension as opposition leaders, led by CPN (Maoist Center) Chair Pushpa Kamal Dahal, intensify their criticism of Prime Minister KP Sharma Oli’s government. Dahal has accused the government of being “anti-democratic” and formed through “illegal means,” claiming it will not last long. He also criticized the government’s reliance on ordinances to bypass parliamentary processes, a sentiment echoed by other opposition parties under the Socialist Front. Despite these attacks, the ruling coalition of the Nepali Congress and CPN-UML appears stable, with internal disputes managed and a strong majority in parliament. For more on Dahal’s critique, visit My Republica.
The CPN-UML, however, faces internal strife following the expulsion of former Vice Chairman Bhim Rawal, which has sparked a mass exodus of nearly 1,100 leaders and activists, particularly in Sudurpaschim Province. Rawal’s supporters, including key party members, have joined his Matribhumi Jagaran Abhiyaan, dealing a significant blow to the party’s organizational strength. This internal turmoil highlights growing discontent within the ruling coalition, even as it maintains its grip on power. For more on the UML exodus, visit My Republica.
Meanwhile, school teachers across Nepal are gearing up for protests in Kathmandu to demand the endorsement of the long-pending School Education Bill. The Nepal Teachers' Federation argues that the bill is crucial for addressing teacher management and ensuring their rights, but conflicting suggestions from local governments have stalled progress. Education Minister Bidya Bhattarai has urged teachers to focus on classrooms rather than protests, emphasizing the need to improve the Secondary Education Examination (SEE) graduation rate. As political and governance challenges persist, the government’s ability to address these issues will be critical in maintaining stability and public trust. For more on the teachers’ protest, visit Ktm Post.
Did you know ❓
Dhungre River – Nepal’s Quirky Geographical Gem 🌊 Did you know Nepal might be home to one of the world’s shortest rivers? The Dhungre River in Chitwan flows just 1 kilometer before merging with the Narayani River. Though unverified, locals proudly call it "Nepal’s contribution to quirky geography." Despite its small size, the Dhungre plays a vital role in the local ecosystem, supporting agriculture and wildlife near Chitwan National Park. Recent community projects, like embankment works funded by the Government of India, have helped protect it from environmental challenges. This tiny river is a charming reminder of Nepal’s diverse natural heritage – proof that even the smallest waterways can hold big significance! 🌍
Diaspora 🌎
Expanding Support, Enduring Struggles
The Nepali diaspora is set to benefit from expanded consular services as the government announces new consulate general offices in Dallas, San Francisco, and Dubai, while upgrading existing ones in New York and Jeddah. These moves address long-standing demands from Nepali communities, particularly for passport renewals and document attestations. With over 600,000 Nepalis in the UAE and growing populations in the U.S., these offices aim to ease access to essential services, reflecting the government’s commitment to supporting its global citizens. For more details, visit Ktm Post.
However, challenges persist for many Nepali migrant workers, as highlighted by Antare Khatri’s story. After losing his hand in a workplace accident in Malaysia, Khatri faced immense struggles but found support through Malaysia’s SOCSO scheme and Nepal’s welfare fund, securing lifelong disability benefits. His experience underscores the importance of bilateral social security agreements and the need for greater awareness of workers’ rights. For his full story, read Nepali Times. As the diaspora grows, these initiatives—both in consular expansion and worker protection—are vital to ensuring the safety and dignity of Nepalis abroad.
Article List 🗞️
We went through a lot of articles so you don’t have to 🙂
* Politics & Governance
* School teachers prepare to hit Capital’s streets to push for education bill’s endorsement - Ktm Post
* What ails Nepal's opposition parties? - My Republica
* Bhim Rawal's ouster sparks mass exodus: Nearly 1,100 leaders quit UML - My Republica
* Oli govt will not last long: Dahal - My Republica
* Economy & Development
* Nepal’s economy to grow over 4 percent amid reconstruction efforts, says IMF - Ktm Post
* NRB warns three commercial banks for regulatory violations - My Republica
* 1,089-metre Siddhababa tunnel achieves breakthrough - Ktm Post
* NEPSE crawls up by 6.78 points amid volatility in BFIs’ share prices - My Republica
* Dozens of major projects in Karnali stalled - THT
* Future of Betan Karnali Hydropower Project Uncertain Amid Land and Regulatory Disputes - Business Age
* Crest Micro Life Insurance to issue IPO from January 28 - My Republica
* Sumeru and Laligurans cooperatives declared crisis-ridden - My Republica
* Experts call for action in key sectors for development of Gandaki Province - Ktm Post
* Paddy imports from India double as India relaxes export duty - My Republica
* Bus service between Thankot and Dhulikhel - THT
* Culture/Society
* National ID Card mandatory to avail govt services - My Republica
* PM Oli virtually announces breakthrough of Siddhababa tunnel - My Republica
* Govt prepares a draft of Artificial Intelligence policy - My Republica
* 174 out of 292 vehicles fail pollution test - THT
* Wildfire in Mahabharat region rages for four days without control - Ktm Post
* 14,000 adolescent girls in Tanahun receive HPV Vaccination - Ktm Post
* Participants call for integrating tourism with agriculture for sustainability - Ktm Post
* Nearly 70 percent of medical doctors fail licensing test - Ktm Post
* Nepal faces one-wicket loss to Scotland in ICC U-19 Women's T20 World Cup - THT
* Nepal defeats Malaysia by 7 wickets - THT
* Sharma hits explosive fifty as India beat England - My Republica
* Nepal crash out of group stage after losing to Australia - My Republica
* Diaspora
* Nepal to open new consulate general offices in Dallas, San Francisco and Dubai - Ktm Post
* Wounded in the line of duty - Nepali Times
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This week, we delve into the challenges and opportunities shaping Nepal’s future. From soaring food prices straining household budgets to the Nepal Chamber of Commerce’s ambitious plans to boost IT investments, the economic landscape is evolving. On the political front, coalition dynamics remain tense, while in sports, Nepal’s U-19 women’s cricket team made their historic debut at the ICC World Cup. Let’s explore these stories and more in this week’s edition!
Top Stories
👍 Food Prices Continue to Outpace Inflation, Frustrating Nepali ConsumersJanuary 17, 2025Food inflation has surged to double-digit figures, driven by rising prices of vegetables, legumes, and other staples. Economists warn that this trend could exacerbate poverty levels, particularly for low-income households already struggling to make ends meet. The government has attributed the price hikes to supply chain disruptions caused by heavy rainfall and logistical challenges. However, critics argue that inadequate policy measures and lack of market regulation are also to blame. Consumers are increasingly frustrated, with many calling for immediate action to stabilize prices. Experts suggest that long-term solutions, such as improving agricultural productivity and strengthening supply chains, are essential to address the root causes of inflation. For now, the rising cost of living remains a pressing concern for millions of Nepalis.Kathmandu Post, January 17, 2025
🌟 NCC Announces Plans to Facilitate Investment in IT IndustryJanuary 18, 2025The Nepal Chamber of Commerce (NCC) has unveiled a comprehensive strategy to promote investment in the IT sector and facilitate access to international markets. This initiative aims to position Nepal as a hub for technological innovation and create thousands of jobs for young professionals. The NCC’s plan includes simplifying regulatory processes, offering tax incentives, and fostering partnerships with global tech companies. The move comes as Nepal seeks to diversify its economy and reduce reliance on traditional sectors like agriculture and remittances. Industry leaders have welcomed the announcement, noting that the IT sector has immense potential to drive economic growth. However, challenges such as limited infrastructure and a shortage of skilled workers remain. The NCC has pledged to address these issues through targeted training programs and infrastructure development.The Rising Nepal, January 18, 2025
📰 Nepal Visit Year 2025 AnnouncedJanuary 19, 2025The government, in collaboration with the Chinese Embassy, has launched the 'Nepal Visit Year 2025' campaign to revitalize the tourism sector and strengthen bilateral ties with China. The initiative aims to attract international visitors by showcasing Nepal’s rich cultural heritage, breathtaking landscapes, and adventure tourism opportunities. Special events, festivals, and promotional activities are planned throughout the year to highlight Nepal’s unique offerings. The campaign also seeks to boost local economies by encouraging tourists to explore lesser-known destinations. Tourism industry stakeholders have expressed optimism, noting that the initiative could help recover losses incurred during the COVID-19 pandemic. However, concerns about infrastructure and sustainability remain. The government has assured that it will prioritize these areas to ensure the campaign’s success.The Himalayan Times, January 19, 2025
👍 Coalition Not in Crisis, Work with PM Oli: Deuba Tells Congress MinistersJanuary 17, 2025Nepali Congress leader Sher Bahadur Deuba has urged Congress ministers to work closely with Prime Minister KP Sharma Oli, emphasizing the importance of maintaining the coalition’s stability. This comes amid growing tensions within the ruling alliance, with some members expressing dissatisfaction over policy decisions and resource allocation. Deuba’s call for unity highlights the challenges of managing a diverse coalition with competing interests. Analysts suggest that the coalition’s success will depend on its ability to address internal disagreements and present a united front. Meanwhile, opposition parties are closely watching the developments, hoping to capitalize on any signs of instability. For now, the coalition remains intact, but the road ahead is fraught with challenges.Kathmandu Post, January 17, 2025
📰 Nepali Students Spend Rs 47.34 Billion on Overseas Studies in 5 MonthsJanuary 17, 2025Despite the availability of well-equipped universities in Nepal, the number of students opting to study abroad continues to rise. In just five months, Nepali students spent a staggering Rs 47.34 billion on overseas education, highlighting the growing demand for international degrees. This trend reflects concerns about the quality of education and job prospects in Nepal. Many students believe that studying abroad offers better opportunities for personal and professional growth. However, the outflow of talent and capital poses challenges for Nepal’s education system and economy. Experts call for reforms to improve the quality of higher education and retain skilled individuals. Until then, the trend of students seeking opportunities abroad is likely to persist.MyRepublica, January 17, 2025
🌟 Nepal’s 14th Three-Year Plan Fails to Meet TargetsJanuary 17, 2025Nepal’s 14th Three-Year Plan has fallen short of its targets, raising concerns about the effectiveness of the country’s economic planning and implementation. Key sectors such as infrastructure, healthcare, and education have underperformed, with many projects delayed or incomplete. Experts attribute the failures to poor coordination, bureaucratic inefficiencies, and a lack of accountability. The government has acknowledged the shortcomings and pledged to address them in future plans. However, critics argue that more robust mechanisms are needed to ensure that development goals are met. The failure of the 14th Three-Year Plan underscores the challenges of achieving sustainable growth in Nepal.Kathmandu Post, January 17, 2025
Sports
⚽ Nepal Face Bangladesh Test in U-19 Women's T20 World Cup DebutJanuary 18, 2025Nepal’s U-19 women’s cricket team made their historic debut at the ICC U-19 Women’s T20 World Cup, facing Bangladesh in their opening match. Despite the loss, the team’s participation marks a significant milestone for Nepali cricket. The players showcased determination and skill, earning praise from fans and analysts alike. This debut is a testament to the growing popularity of women’s cricket in Nepal and the efforts of the Cricket Association of Nepal to promote the sport. The team will look to build on this experience in their upcoming matches.The Kathmandu Post, January 18, 2025
⚽ Nepal Registers Poor Start with 5-Wicket Loss Against BangladeshJanuary 18, 2025Nepal suffered a heavy defeat to Bangladesh in their opening match of the ICC U-19 Women’s T20 World Cup, scoring only 52 runs. The team struggled against Bangladesh’s strong bowling attack, but the players remained resilient throughout the match. Despite the loss, the experience gained from competing at the international level is invaluable. The team will aim to bounce back in their next games and make their mark on the global stage.MyRepublica, January 18, 2025
⚽ Nepali Men's and Women's Teams Advance to Inaugural Kho Kho World Cup FinalsJanuary 19, 2025Both the men’s and women’s national kho kho teams made history by reaching the finals of the inaugural Kho Kho World Cup in India. This achievement highlights Nepal’s growing presence in international sports and the dedication of the players and coaches. The teams’ success has sparked celebrations across the country, with fans eagerly awaiting the finals. This milestone is a proud moment for Nepal and a testament to the potential of traditional sports on the global stage.MyRepublica, January 19, 2025
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