Cyclist Pushkar Shah resorts to selling off belongings to raise money for Everest summit

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http://www.nepalnews.com/main/... Cyclist Pushkar Shah, who has traveled about 150 countries on a bicycle, has decided to sell off his belongings including his bicycle, souvenirs brought from various countries and the awards and certificates he has got to raise money for Everest summit, reports say. Shah decided to sell off his belongings due to lack of funds required for the royalty and other costs to climb Mount Everest. He plans to climb Everest with flags of all countries he has traveled to campaign for ‘World Peace.’ Shah, who was assured sponsorship by a private bank for the Everest summit, has faced fund crunch after the bank withdrew from its pledge. Shah has applied to the tourism ministry for waiver of the royalty. It costs USD 25,000 for royalty in spring season to climb Everest. He has not got a reply yet. Shah said, he needs Rs 4 million to climb Everest if the royalty is not waived. Shah had also approached Prime Minister Madhav Kumar Nepal to support him for Everest summit. However, the PM advised him to find some private sponsors, according to Shah. The auction will take place in United World Trade Centre, Tripureshwar.  nepalnews.com

Ved555 · Mar 13, 2010 11:05 PM · 1,775 views

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