Share the love! Help others that care about Nepal stay up to date the easy way. If you like this issue, share it with a friend who follows Nepal and hit Subscribe for your weekly dose of curated, can’t-miss updates.
This week’s Nepal Digest reveals a nation actively navigating economic development, political shifts, and vibrant cultural preservation. Key highlights include South Korea’s initiative to open a visa center in Nepal and offer concessional loans to returnees, alongside the Nepali government’s strong push towards electrifying transport and cooking sectors to ensure 100% electricity access. Furthermore, the private sector is seeing renewed morale following government commitment to address concerns, while new transmission line projects promise energy independence. Meanwhile, Nepal’s rich cultural tapestry is being celebrated through temple constructions and traditional festivals, even as youth-led movements continue to engage with governance and accountability. Economic indicators like robust Social Security Fund deposits and rising export revenues underscore a resilient nation focused on growth and sustainable development amidst evolving challenges. Stay informed with these critical updates shaping Nepal’s future
.
Politics & Governance 🏛️
In a significant development for Nepali workers seeking overseas opportunities, South Korea is set to establish a dedicated visa center in Nepal. This initiative, announced by Ambassador Park Tae-Young during a meeting with Finance Minister Rameshore Khanal (MyRepublica), is aimed at streamlining the process for Nepali individuals seeking employment in South Korea’s manufacturing and agriculture sectors. These sectors remain highly attractive due to their comparatively higher wages and favorable working conditions. Beyond job placements, there are also plans to provide concessional loans, supported by KOICA, specifically for Nepalis returning from Korea who previously worked under the Employment Permit System (EPS). This thoughtful program is designed to encourage them to establish their own businesses back home, leveraging their foreign experience for Nepal’s domestic development and fostering new entrepreneurship (Rising Nepal).
The Nepali government is steadfastly pushing forward with its top priority: the comprehensive electrification of both the transport and cooking sectors. Minister for Energy, Water Resources and Irrigation Kulman Ghising recently highlighted the significant progress made in increasing electric vehicle adoption, but also stressed the critical need for more concerted efforts to transition households from traditional cooking gas to cleaner alternatives, such as induction stoves and other forms of green energy (Rising Nepal). This ambitious strategy is not just about environmental conservation; it is integral to achieving 100 percent electricity access for all citizens within the next five years, improving energy efficiency, and playing our part in mitigating global warming. Such visionary shifts are crucial for building a more sustainable and modern Nepal for future generations.
Meanwhile, Nepal’s political landscape continues to be shaped by various developments and ongoing challenges. Prime Minister Sushila Karki has firmly directed government bodies to maintain austerity in public spending, emphasizing efficient fund utilization and calling for enhanced dialogue with the private sector (MyRepublica). Despite a Supreme Court interim order, the government has controversially re-issued letters to recall ambassadors from 11 countries, creating a noticeable legal and diplomatic standoff (Onlinekhabar). The Nepal Stock Exchange (NEPSE) market has experienced notable fluctuations, seeing both surges and plunges, reflecting ongoing volatility. The Kathmandu Metropolitan City (KMC) has initiated efforts to systematically manage tangled wires and cables, addressing a long-standing urban issue. In judicial news, the Supreme Court is preparing for its full operational resumption from November 17, following damages incurred during the Gen Z protests. Concerns remain, however, as sugarcane farmers are still awaiting promised subsidies for the previous harvest, while Sudurpaschim University continues to grapple with the encroachment of 300 bighas of its land. On a more collaborative note, a new India-Nepal Startup Partnership Network has been launched to foster bilateral entrepreneurship.
Economy & Development 💸
Good news for Nepal’s energy sector! The construction of two additional 400 KV cross-border transmission lines – Inaruwa-Poornia and Dododhara-Bareilly – is moving forward with a joint venture between the Nepal Electricity Authority (NEA) and Power Grid Corporation of India Limited THT. With the NEA holding a 51% stake in the Nepali section, this collaboration isn’t just about power transmission; it’s about ensuring Nepal has a secure market for its generated electricity and strengthening regional energy ties. This project promises to boost our energy independence and contribute to a more stable power supply for all of us.
On the industrial front, the long-standing dispute over overdue electricity dues for dedicated and trunk lines appears to be resolving. Representatives from the private sector have agreed to pay the first installment as a deposit, paving the way for the NEA to restore power to affected industries MyRepublica. This is a win-win situation, showing a commitment from both sides to find a sustainable solution and get businesses back up and running, which benefits our entire economy. It’s great to see collaborative spirit leading to positive changes!
Beyond these major developments, several important economic indicators are showing positive movement. Gold prices have seen a slight increase, currently trading at Rs 238,400 per tola Annapurna Express. Agricultural production is also looking promising, with a notable increase in paddy production in Chitwan this year Onlinekhabar, though some areas, like in the Mustang and Dolpa regions, are facing infrastructure challenges due to heavy snowfall Onlinekhabar. Over Rs 3 billion has been collected from exports through the Korala checkpoint Onlinekhabar, providing a boost to our trade balance. Farmers in Parbat are receiving relief support following recent storms that damaged crop fields Onlinekhabar.
Finally, several other key developments are contributing to Nepal’s economic growth. There have been improvements in infrastructure, with new developments being started at the Janakpur-Dhalkebar road Nepal News. Additionally, 400 startups are set to benefit from concessional loans, fostering innovation and entrepreneurship Onlinekhabar. These initiatives highlight a commitment to diversification, sustainability, and a brighter future for Nepal. There’s been a notable decrease in the number of outstanding Insurance claims (Rising Nepal).
Social & Cultural ⭐
The spirit of social service and cultural heritage is vibrantly alive in Nepal, particularly highlighted by the efforts to preserve and promote traditional Newari culture in Pokhara. A new Bhairahawa Temple, meticulously constructed to reflect the ancient Newari civilization and cultural style of the Kathmandu Valley, has been completed in Bhairavtol, Pokhara. This impressive project, costing Rs 17 million 88 thousand 615, marks a significant effort by the Bhairav Cultural Conservation Committee to safeguard the rich cultural practices of the migrating Newar community. The community actively continues traditions like the Gana Nritya (the Twelve Bhairav Dance), various bhajans, and essential Newari religious rituals in their new home. The temple is set to install a stone statue of Kalbhairav through traditional Tantric rituals on November 12, further cementing its role as a cultural beacon. This initiative underscores the enduring commitment to keeping our vibrant cultural heritage alive and thriving across different regions (Khabarhub).
In a powerful testament to the impact of collective action and digital solidarity, the **Gen Z movement** in Nepal has drastically reshaped the political landscape and sparked critical discussions on leadership and governance. What began as protests against corruption and state-sponsored inefficiencies evolved into a digital uprising that played a role in the formation of an interim government (see MyRepublica). This movement showcased a new form of “networked democracy,” where the energy of dissent was coordinated through online platforms, proving that strong leadership can emerge from collective purpose rather than a single figure (Onlinekhabar). The enduring image of a blood-soaked shoe became a symbol of the profound impact and sacrifices made during these protests, driving home the raw emotions and the call for accountability that resonated across the nation (Onlinekhabar).
Beyond these pivotal cultural and political narratives, Nepal is also celebrating its rich tapestry of traditions and advancements in various sectors. The Sikh community observed Guru Nanak Jayanti, a day dedicated to the founder of Sikhism, celebrating his messages of equality, peace, and nonviolence (Rising Nepal). The traditional Kartik Nach, featuring the Narasimha Avatar, concluded in Patan, marking a significant religious and cultural event (Rising Nepal). Additionally, the historic Namo Buddha Mela began with lamp lightings in memory of ancestors, drawing devotees to this sacred site in Kavrepalanchok (Onlinekhabar). In a modern twist, Royal Enfield is hosting a women-led “Mystic Mustang Ride,” promoting both domestic tourism and female empowerment in motorcycling across Nepal’s scenic terrains Onlinekhabar. On a more solemn note, the Women’s Rehabilitation Center (WRC) reported 308 cases of violence against women in three months, highlighting ongoing challenges that require our collective attention (Khabarhub). The importance of mental well-being is also being addressed, with Samarthguru Sangh Nepal hosting weekly free meditation sessions to promote inner peace (THT). Finally, the national Vitamin ‘A’ and deworming drive continued nationwide, ensuring vital health interventions for children across the country (THT).
Let’s connect
Enjoying this issue? 📩 Share it with a friend & let’s keep Nepalis worldwide in the loop! Got thoughts? Hit reply—we’re all ears! Or let us know what you think via our Feedback form or follow us on Facebook | LinkedIn
P.S. Got a story or issue you'd like us to cover next week? Drop us a reply — we're building this space together.
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.
Partner shout out
belayat.uk: helping Nepalis connect in the UK on jobs, housing, events and finding local Nepali owned businesses
