The range of estimates for the works allows new buyers to enter the market.

Additionally, the auction will also introduce new media like installation, sculpture and photography.

This auction has opened a space at the bottom for a new generation of artists to come into auctions. The auction results are a sheer boost to young artists. Just like China, Russia and the US, Indian contemporary art was the next big genre to arrive on the world scene.

There will be 125 lots, featuring 44 contemporary artists - the post independence generation who I believe have created their own sensibilities with an eye on international trends.

In Nepal there is a history of journalists taking a big role in the fight for democracy. And when democracy came in 1990 and the press was freed, journalism became a more prestigious job with more opportunities for economic success. Democracy means job security for us.

It is very necessary for a country like Nepal to have a voice.