Skip to content
|Loading...
Share Gyan home
EBook

Himalayan Tourism Boom: Mountaineering Royalties Inject NPR 1.25 Billion Into Nepal’s Economy

Nepal's Department of Tourism has issued a staggering 1,181 climbing permits to international expeditionists from 79 nations for the Spring 2026 season, with Mount Everest leading both climber volume and state revenue generation.

Published By Share Gyan
Himalayan Tourism Boom: Mountaineering Royalties Inject NPR 1.25 Billion Into Nepal’s Economy

Global interest in Nepal’s Himalayan peaks has scaled new heights this spring season, with 1,181 mountaineers from 79 countries successfully securing climbing permits. According to official data released by the Department of Tourism (DoT)—which regulates expeditions on peaks above 6,500 meters—the influx of international climbers has generated a massive NPR 1.258 billion in government royalties. As expected, the world's highest peak, Mount Everest (Sagarmatha), remains the premier attraction. DoT Information Officer Himal Gautam confirmed that 494 climbers from 55 nations have been cleared to summit Everest this season alone, yielding a dominant NPR 1.078 billion in individual peak royalties. On the demographic front, Chinese nationals represent the largest single-country cohort on Everest with 109 permits, followed closely by the United States (77), India (61), and the United Kingdom (32).

Renewable Energy Must Drive Jobs, Entrepreneurship and Economic Growth: Minister Shrestha

Energy Minister Birajbhakta Shrestha has emphasized the need to transform renewable energy from a subsidy-dependent program into a key driver of production, entrepreneurship, employment, and economic prosperity. He also announced the government's plan to promote LPG-free municipalities by developing locally tailored energy strategies.

Democrats Score Major Victory in US Midterm Elections, Take Control of Senate

The Democratic Party has made significant gains in the 2026 US midterm elections, securing control of the Senate and moving closer to winning a majority in the House of Representatives. The results mark a major political setback for President Donald Trump and the Republican Party.

Government Says IGP's Role Change Is Not Disciplinary Action

Government spokesperson and Minister for Education and Sports Sasm it Pokharel has clarified that the transfer of former Inspector General of Police (IGP) Karki to the position of Prime Minister's Special Security Adviser should not be interpreted as disciplinary action. The Cabinet has appointed AIG Dr. Manoj Kumar KC as the new IGP.

Manang Attracts Over 30,000 Foreign Tourists in 2026, Indians Lead Arrivals

Manang welcomed 30,662 foreign tourists by October 2026, with Indian visitors making up the largest share at 5,049. The Annapurna Circuit and the region's natural and cultural attractions continue to draw international travelers.

Nepal Welcomes Over 132,000 Foreign Tourists in October, Arrivals Rise 3.4%

Nepal recorded 132,814 international tourist arrivals in October 2026, marking a 3.4% increase compared to the same month last year. Tourist arrivals also surged by 50.5% compared to September, while total arrivals in the first 10 months of 2026 crossed the one-million mark.

CIAA Files Corruption Case Against Former PM Madhav Kumar Nepal and 96 Others Over Government Land Deal

The Commission for the Investigation of Abuse of Authority (CIAA) has filed a corruption case against former Prime Minister Madhav Kumar Nepal, former minister Minendra Rijal, and 95 others at the Special Court over the alleged illegal exchange and sale of government land in Biratnagar, Morang. The alleged transaction is estimated to have caused a loss of Rs. 73.49 crore to the government.