House term extended, Nepal PM to quit soon

In a day dominated by hectic discussions, the Constituent Assembly (CA) extended its own tenure by a year.

The Unified Communist Party of Nepal-Maoits (UCPN-M) supported the government’s proposal for a year’s extension after Prime Minister Madhav Nepal declared that he would quit as soon as possible to pave the way for a national unity government. However, he made it clear that Maoists must honour their commitment to return property confiscated during the years of insurgency to rightful owners, and transform Young Communist League into a civilian structure.

The proposal for extension of the House tenure was approved with a overwhelming majority after chiefs of three major political parties — The UCPN-M, Nepali Congress and the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) — endorsed an agreement extending the deadline of the CA.

The Rastriya Prajatantra Party-Nepal (RPP-N), with four members in the House was the only dissenting party. Its leader C B Gurung said the House has lost its mandate, and “we have failed to deliver Constiutution within the stipulated time. The only course left is to go for a fresh poll.”

The House assembled at 11. 42 pm exactly 18 minutes before the House was to cease to exist. Maoist leader Prachanda had specified that his party would only support the Bill for the extension of the CA’s term if the Prime Minister resigned. However, Baburam Bhattarai, deputy leader of the UCPN-M managed to rally his party members to support the Bill even after the party chief whip had issued directive for members to oppose the Bill.

Prime Minister Madhav Nepal, when he called on the President around 9 pm, asserted that he was not going to resign under pressure from the Maoists, but added that he would not come in the way of the formation of a national unity governmnt. Within an hour, however, he changed his mind under pressure from his own party heavy weights including Party chief Jhalnath Khanal who asked him to quit or pave the way for the return of a “dictatorial regime”.

The extension of the House has triggered sharp response from the legal community which says it is uncontitutional. “How can the tenure be extended by the CA itself,” said lawyer Sambhu Thapa. Television channels have said that from the time of the creation of the Constituent Assembly to the preparation of a partial draft of the Constitution, a whopping Rs 13. 5 billion has been spent.

Nepal parties fail to forge consensus on CA term extension

Kathmandu, May 26 — Nepal seems headed for a crisis with the much-expected meeting of the three main political parties failing to forge a consensus on extending tenure of the Constituent Assembly on Friday evening. The meeting between the ruling Nepali Congress and CPN (UML) and the opposition Maoists failed as both factions stuck to their previous demands.

They have agreed, however, to meet again on Thursday. While the Maoists sought resignation of Prime Minister Madhav Kumar Nepal as condition to support extension of the CA tenure the ruling parties refused and asked the main opposition party to agree on contentious issues like integration of former Maoist rebels first.

“The ruling parties are pushing the country to the brink of confrontation and a conspiracy is being hatched to derail the peace process,” said UCPN (Maoist) vice chairman Narayan Kaji Shrestha after the meeting. The tenure of the Constituent Assembly expires on May 28 and there is no possibility of the new constitution getting promulgated on time.

Nepal: Deadline looms, no consensus on CA tenure

Political parties failed to reach a consensus on the extension of the tenure of the Constituent Assembly (CA) on Wednesday, even as just 48 hours remained before the body was automatically dissolved.

Top leaders of three major political parties — Unified Communist Party of Nepal-Maoists (UCPN-M), Nepali Congres and Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) — failed to reach an agreement in spite of meeting several times.

The UCPN-M chief Prachanda who told Prime Minister Madhav Nepal Wednesday morning that the House should not be dissolved, changed his mind by afternoon. “He insisted on Prime Minsiter Madhav Nepal’s resignation as a pre-condition for Maoists’ support to extend the tenure of the Constituent Assembly beyond May 28,” a leader present in the meeting said, adding,”The Prime Minister asserted that the extension of the tenure of the Constituent Assembly should not be made into an issue for political bargain.”

The international community also expressed its concern over the dissolution of the Constituent Assembly without its being able to deliver the Constitution. Civil society leaders outside the Constituent Assembly building — the venue of one of the meetings — said they would not allow the leaders to leave without agreeing to extend the tenure of the CA. A 10-member delegation of the European Parliament tried to pressurise leaders of three major political parties to extend the tenure of the CA.

The Indian as well as the American ambassadors also met the Prime Minsiter, Prachanda and other leaders asking them to arrive at a consensus before it was too late. Meanwhile, Speaker Subhash Nembang warned party leaders that the country might face a return of “authoritarian rulers” if the House was allowed to be lapse. “There will be no House, and no government in the country after may 28,” he said.

Nepal: Deadline looms, no consensus on CA tenure

Political parties failed to reach a consensus on the extension of the tenure of the Constituent Assembly (CA) on Wednesday, even as just 48 hours remained before the body was automatically dissolved.

Top leaders of three major political parties — Unified Communist Party of Nepal-Maoists (UCPN-M), Nepali Congres and Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) — failed to reach an agreement in spite of meeting several times.

The UCPN-M chief Prachanda who told Prime Minister Madhav Nepal Wednesday morning that the House should not be dissolved, changed his mind by afternoon. “He insisted on Prime Minsiter Madhav Nepal’s resignation as a pre-condition for Maoists’ support to extend the tenure of the Constituent Assembly beyond May 28,” a leader present in the meeting said, adding,”The Prime Minister asserted that the extension of the tenure of the Constituent Assembly should not be made into an issue for political bargain.”

The international community also expressed its concern over the dissolution of the Constituent Assembly without its being able to deliver the Constitution. Civil society leaders outside the Constituent Assembly building — the venue of one of the meetings — said they would not allow the leaders to leave without agreeing to extend the tenure of the CA. A 10-member delegation of the European Parliament tried to pressurise leaders of three major political parties to extend the tenure of the CA.

The Indian as well as the American ambassadors also met the Prime Minsiter, Prachanda and other leaders asking them to arrive at a consensus before it was too late. Meanwhile, Speaker Subhash Nembang warned party leaders that the country might face a return of “authoritarian rulers” if the House was allowed to be lapse. “There will be no House, and no government in the country after may 28,” he said.

Mirant to take over RRI to create GenOn Energy

(Reuters) – Mirant Corp (MIR.N) agreed to take over rival RRI Energy (RRI.N), creating one of the largest U.S. independent power producers and cutting costs as they deal with weak electricity prices that have challenged the entire industry.

Deals

The companies said on Sunday they will combine to create GenOn Energy, a new company with value of around $3 billion. After the all-stock, tax-free transaction, Mirant shareholders will own about 54 percent of GenOn’s equity, while RRI’s shareholders will own about 46 percent.

Independent power producers like Mirant and RRI, who sell electricity at competitive rates, have been hit hard in recent years as weak demand for electricity and low natural gas prices have taken their toll on power prices.

Still, the chief executives of the two companies said the catalyst behind the deal was the $150 million in annual cost savings they expect to pull in.

“There is no question our industry has been going through some challenging times,” RRI CEO Mark Jacobs said in an interview.

“But just as the value proposition (driving the deal) is here in difficult times, it’ll be here in good times as well.”

The companies expect to pull in the cost savings from reductions in corporate overhead in areas like accounting, IT and human resources. They believe the $150 million in yearly savings will fully kick in from January 2012.

Mirant shareholders will receive 2.835 RRI shares — worth about $11.20 as of Friday’s close — for each Mirant share they own.

While that represents a 4 percent premium over Mirant’s Friday closing price of $10.73, the companies said the value is in line with the average price of the stock over the previous 10 trading days.

RRI shares closed at $3.95 on the New York Stock Exchange on Friday.

LARGER SCALE, STRONGER FINANCES

GenOn will have around 24,700 megawatts of power generating capacity, making it slightly smaller than rival IPP Calpine (CPN.N) and slightly larger than NRG Energy Inc. (NRG.N) It will have a mixture of coal, natural gas and oil-fired plants in California, the Midwest and the East Coast

The companies said that GenOn will also have ample liquidity — the combined cash balance of the companies at the end of last year was $2.9 billion.

Though larger and stronger, the company will still face headwinds in the near-term.

The economic downturn forced down demand for electricity, meaning U.S. utilities did not need to buy as much power on the open market. Recent signs of economic recovery have not resulted in a commensurate recovery in power markets.

Current Mirant Chief Executive Edward Muller will be chairman and CEO of the combined company until 2013, when the company said he plans to retire. RRI’s Jacobs will be the president and COO of GenOn and will succeed Muller as CEO in 2013, the companies said.

The GenOn board will have five members of the current Mirant board and five from the RRI board. It will be headquartered in Houston, where RRI is based, instead of Mirant’s home base of Atlanta.

RRI was previously known as Reliant Energy — the company changed its name to RRI in May 2009, after selling its Texas retail power business to NRG.

The Texas sale was part of a wider evaluation of the company’s strategic alternatives, but Reliance did not at that time find a deal for the whole company.

(Additional reporting by Yinka Adegoke; editing by Gunna Dickson)

UPDATE 3-Mirant to take over RRI to create GenOn Energy

NEW YORK, April 11 (Reuters) – Mirant Corp (MIR.N) agreed to take over rival RRI Energy (RRI.N), creating one of the largest U.S. independent power producers and cutting costs as they deal with weak electricity prices that have challenged the entire industry.

The companies said on Sunday they will combine to create GenOn Energy, a new company with value of around $3 billion. After the all-stock, tax-free transaction, Mirant shareholders will own about 54 percent of GenOn’s equity, while RRI’s shareholders will own about 46 percent.

Independent power producers like Mirant and RRI, who sell electricity at competitive rates, have been hit hard in recent years as weak demand for electricity and low natural gas prices have taken their toll on power prices.

Still, the chief executives of the two companies said the catalyst behind the deal was the $150 million in annual cost savings they expect to pull in.

“There is no question our industry has been going through some challenging times,” RRI CEO Mark Jacobs said in an interview.

“But just as the value proposition (driving the deal) is here in difficult times, it’ll be here in good times as well.”

The companies expect to pull in the cost savings from reductions in corporate overhead in areas like accounting, IT and human resources. They believe the $150 million in yearly savings will fully kick in from January 2012.

Mirant shareholders will receive 2.835 RRI shares — worth about $11.20 as of Friday’s close — for each Mirant share they own.

While that represents a 4 percent premium over Mirant’s Friday closing price of $10.73, the companies said the value is in line with the average price of the stock over the previous 10 trading days.

RRI shares closed at $3.95 on the New York Stock Exchange on Friday.

LARGER SCALE, STRONGER FINANCES

GenOn will have around 24,700 megawatts of power generating capacity, making it slightly smaller than rival IPP Calpine (CPN.N) and slightly larger than NRG Energy Inc. (NRG.N) It will have a mixture of coal, natural gas and oil-fired plants in California, the Midwest and the East Coast

The companies said that GenOn will also have ample liquidity — the combined cash balance of the companies at the end of last year was $2.9 billion.

Though larger and stronger, the company will still face headwinds in the near-term.

The economic downturn forced down demand for electricity, meaning U.S. utilities did not need to buy as much power on the open market. Recent signs of economic recovery have not resulted in a commensurate recovery in power markets.

Current Mirant Chief Executive Edward Muller will be chairman and CEO of the combined company until 2013, when the company said he plans to retire. RRI’s Jacobs will be the president and COO of GenOn and will succeed Muller as CEO in 2013, the companies said.

The GenOn board will have five members of the current Mirant board and five from the RRI board. It will be headquartered in Houston, where RRI is based, instead of Mirant’s home base of Atlanta.

RRI was previously known as Reliant Energy — the company changed its name to RRI in May 2009, after selling its Texas retail power business to NRG.

The Texas sale was part of a wider evaluation of the company’s strategic alternatives, but Reliance did not at that time find a deal for the whole company. (Additional reporting by Yinka Adegoke; editing by Gunna Dickson)

Nirupama Rao discusses India, Nepal ties in Kathmandu

Kathmandu, Sep 15 (ANI): Visiting Indian Foreign Secretary Nirupama Rao met Nepal Foreign Minister Sujata Koirala and discussed various bilateral issues including greater sharing of vital information between the two countries.

According to Nepalnews, both the leaders also discussed electricity import from India, signing of extradition treaty and the agreements reached during Prime Minister Madhav Kumar Nepal’s visit to India last month.

Talking to reporters after the meeting, Koirala said that the discussion basically revolved around building greater cooperation between India and Nepal, Constitution drafting and the peace process.

“India was keen on providing more assistance to help develop Nepal’s poor infrastructures, building transmission lines for the import of electricity from India, signing of the new extradition treaty and address other trade issues,” Koirala added.

Earlier Nirupama Rao met her Nepalis counterpart Gyan Chandra Acharya and discussed joint strategy for implementation of the 34-point agreement signed between the two countries last month.

During the meeting, she assured substantial amount of Indian investment in Nepal if peace is established in the country.

She also called on former Prime Minister and Nepali Congress President Girija Prasad Koirala at his residence and suggested that Koirala has a great role to play in the days ahead to end the political impasse in Nepal.

She also met CPN UML Chairman Jhalanath Khanal and extended an invitation to visit India on behalf of the government of India. During her meeting she advised Khanal to seek a practical solution on rehabilitation and integration of former Maoist combatants.

Nirupama Rao also met Prime Minister Madhav Kumar Nepal, Deputy Prime Minister Bijay Kumar Gachhadar, Chief of Army Staff Chatra Mansingh Gurung and Maoist leader Babu Ram Bhattrai New Delhi is sending a high-level official to Nepal at a time when the constitution-drafting and peace process has been stalled due to differences among major political parties.

This is Nirupama Rao’s first visit to Nepal after being appointed Foreign Secretary on July 31.

She will also visit Pashupatinath temple and offer her prayers later today. (ANI)

UML says PM’s India visit a success

Kathmandu, Aug 24 (ANI): The CPN (UML) has stated that the five-day official visit of Prime Minister Madhav Kumar Nepal to India was “successful and fruitful.”

The Standing Committee meeting of UML held at the party’s central office on Sunday said that the visit was successful and thanked the Prime Minister after he briefed the committee over the highlights of his visit.

Meanwhile, former Foreign Minister and Chairman of Madheshi Janadhikar Forum (MJF) Upendra Yadav, has said that Madhav Kumar Nepal’s recently concluded India visit was just a continuation and that it failed to attain any achievements.

Kantipur quoted him as, saying that Madhav Kumar Nepal’s India visit failed to accomplish tasks of national interest.

“We could not see any solid proposal that would have abated the yearly deficit of billion rupees. No talks regarding the maximum exploitation of Nepal’s water resources have been made,” he said.

He also said that Prime Minister has not raised the issue of border encroachment during discussions with his Indian counterpart.

He also said that Foreign Minister Sujata Koirala’s decision to back out of the trip at the last moment was against the spirit of diplomatic norms.

“It’s an extreme mistake in part of Foreign Minister to back out of India tour after sending in the name list of Prime Minister’s entourage” he added.

However, during the visit both India and Nepal included a new trade treaty and agreement to control unauthorized trade, particularly from a third country.

The treaty is aimed at widening the bilateral economic engagements.

The new agreement will replace the existing arrangements since 1991, which was extended from time to time.

The trade treaty, which has been under negotiation for the last two years, aims at enlarging the scope of the existing institutional framework. As per the treaty India gives duty-free access to its market to goods manufactured in Nepal. (ANI)

Nepal PM visits Rajghat

New Delhi, Aug.19 (ANI): Nepal Prime Minister Madhav Kumar Nepal, who is on a five-day official visit to India, visited Rajghat, the memorial dedicated to Mahatma Gandhi, on Wednesday.

Later, Nepal will meet External Affairs Minister S.M.Krishna at the Hotel Oberoi. He will proceed to meet President Pratibha Patil for about 30-minutes.

He will also attend and address a business luncheon meeting hosted jointly by the Confederation of Indian Industry (CII), the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Associated Chambers of Commerce and Industry (ASSOCHAM).

On Wednesday evening, he will call on Vice President Mohammad Hamid Ansari at the latter’s official residence and will meet UPA Chairperson Sonia Gandhi at her 10, Janpath residence.

Thereafter, he will proceed to Hyderbad House for delegation level talks with Indian Prime Minister Manmohan Singh. A signing of bilateral agreements will follow the meeting. Although the Pancheshwar multi-purpose project will be discussed, no specific agreement will be signed.

The main opposition CPN (Maoist) has warned the government not to sign any agreement related to the Pancheshwar project without a consensus.

On Thursday, Nepal will meet Finance Minister Pranab Mukherjee and Union Home Minister P. Chidambaram.

In the evening, he will address a meeting of intellectuals and academia at the India International Centre.

He will leave for a day-long visit to Mumbai on Friday and will return to Kathmandu on Saturday afternoon.(ANI)

Naxal-hit states Chief Ministers to meet in August

New Delhi, July 7 (ANI): Home Minister P Chidambaram today said the meeting of Chief Ministers of Naxal-hit states will be held in August to discuss the menace which has increasing in some states.

Replying to supplementaries in the Lok Sabha, Chidambaram said the meeting will discuss the strategy to tackle the threat posed by the Naxals in some states.

He also asked the Chief Ministers of the affected states to renew their appeal to the Naxal leaders to lay down arms and come to the negotiation.

The appeal came at the suggestion of Samajwadi Party leader Mulayam Singh Yadav, who claimed that he had successfully resolved the problem in some districts in Uttar Pradesh through talks. (ANI)

Nepal Parliament resumes, paves way for new budget session|World[Kathmandu {Kathmandu, July 7 (ANI): After months of obstruction, Nepal Parliament has resumed on Monday.

The session was prorogued after the Unified CPN (Maoist), obstructed normal proceedings of the House for more than two months it has now allowed the resumption of the House following a four-point agreement among the three largest parties in the Constituent Assembly (CA).

Prime Minister Madhav Kumar Nepal and Maoist chairman Prachanda addressed the resumed session.

Prachanda said his party adopted maximum flexibility to allow the House work for the welfare of the country and that the obstruction of the House would resume after a month if the agreements are not fulfilled by then.

The parties have agreed to categorically define Prime Minister’s and President’s jurisdiction and forge a consensus among the parties about the same within a month.

Prime Minister Nepal vowed to address the issue of defining powers of the President and Prime Minister within a month in consultation with other parties.

Addressing the Maoist demand of maintaining civil supremacy, Nepal said nobody is in favour of military supremacy. The very idea of republican set up is to maintain civil supremacy.

In his address, Prachanda said his party has agreed to end the disruption of the House to speed up the process of concluding the peace process and drafting of the new Constitution.

Prachanda however warned that his party would launch an aggressive agitation if the government failed to reach an understanding to resolve the issue of Army Chief issue.

The resumption of the normal functioning of parliament will pave the way for the President Dr. Ram Bran Yadav to allow the presentation of the new budget before the current fiscal year ends on 15th of this month.

Meanwhile, Finance Minister Surendra Pande has said that the preparations for the next fiscal year’s budget is almost over.

The size of the next budget is likely to be about Rs 280 billion,” he said, nepalnews reported. (ANI)

Prachanda hopes for formation of new Maoist-led government in Nepal

Kathmandu, July 2 (ANI): Former Nepal Prime Minister and Unified CPN (Maoist) Chairman Prachanda has claimed that a new government under the leadership of his party would be formed within next one-and-half months.

Speaking to reporters on Wednesday, Prachanda said he was now concentrating on forming a “national government with civilian supremacy”, which would come into existence in one month and half.

He said that his party would not join the present ‘unconstitutionally-formed’ government.

“They must be day dreaming if they are expecting us to join the present government,” he said.

Prachanda said he had discussion on his concept of a national government with the Nepali Congress and the CPN-UML, Nepalnews reported.

“The people have already indicated that the peace process and the constitution drafting cannot be successfully accomplished without Maoist,” he added.

Prachanda stepped down from the government nearly two months ago following a row with President Dr Ram Baran Yadav over sacking Chief of Army Staff (CoAS) Rookmangud Katawal. (ANI)

Nepal Maoists likely to join govt within two months

Kathmandu, June 22 (ANI): CPN (UML) leader KP Sharma Oli has said that the Maoists would join the government within two months.peaking to journalists at Tribhuvan International Airport here on Sunday on his arrival after completing his ten-day visit to India, Oli said the peace process would not succeed without the participation of Maoists.

“Peace process will not reach a logical conclusion just by a consensus among Nepali Congress President Girija Prasad Koirala, Prime Minister Madhav Kumar Nepal and UML chairman Jhala Nath Khanal,” he added.

Oli has adopted a conspicuously soft approach towards the Maoists after his India visit.

Oli had met with senior Indian leaders from Congress, Bharatiya Janata Party, Communist leaders and top bureaucrats.

In a different context Oli said the Indian leaders had expressed concern over the growing anti-Indian movements in Nepal.

“I told them that there was no anti-Indian movement in Nepal, Oli added.

Oli had gone to New Delhi for a ‘health check up’ on June 13, nepalnews reported. (ANI)

New Nepalese prime minister sworn in

Kathmandu – Nepal’s newly elected prime minister took office Monday, ending three weeks of political uncertainty following the collapse of the Maoist-led government.

President Ram Baran Yadav administered the oath of office to Madhav Kumar Nepal, 56, in Kathmandu.

Minutes later, Nepal swore in two ministers to his new cabinet, which will be expanded over the coming days to include Nepali Congress and other parties who supported him in his election.

The two ministers were Bidhya Bhandari and Surendra Pandey, both from Nepal’s moderate Communist Party of Nepal – Unified Marxist Leninist (CPN-UML). Bhandari and Pandey have not been assigned any ministries as yet.

The notable absentee for the swearing-in ceremony was the outgoing prime minister Pushpa Kamal Dahal.

The swearing-in came two days after the Nepalese interim legislature, the Constituent Assembly, elected Nepal as the country’s new prime minister unopposed.

Nepal became the second prime minister since the country abolished the monarchy and announced itself a federal democratic republic in June 2008.

The eight-month-old Maoist-led government collapsed on May 4 over a power struggle with the president.

The president reinstated army chief Rukmangat Katuwal hours after he was sacked by the government, prompting Dahal to resign.

Analysts say the government led by Nepal faces severe challenges due to the Maoists, who have already announced they will not cooperate.

The Maoists have described the president’s decision to reinstate the sacked army chief as illegal and unconstitutional, and have vowed to step up protests from both parliament and the streets.(dpa)

Madhav Kumar sworn-in as Nepal Prime Minister

Kathmandu, May 25 (ANI): Newly elected Prime Minister Madhav Kumar Nepal took oath of office and secrecy on Monday.

President Dr Ram Baran Yadav administered the oath of office and secrecy to the newly elected Prime Minister amidst a ceremony at the Presidential residence in Shital Niwas this morning.

Vice-President Paramananda Jha, Constituent Assembly (CA) Chairman Subash Chandra Namwang, various political party leaders, chiefs of security bodies, heads of the government and international diplomatic representatives were present at the ceremony.

Madhav Kumar, a UML (Unified Marxist Leninist) nominee, was chosen ‘unopposed’ as the new Prime Minister of Nepal during a legislature-parliamentary session of the Constituent Assembly (CA) on Saturday.

Fifty six-year-old Madhav Kumar, an alumni of Bihar”s Goenka College, received the support of around 360 legislators of 22 political parties, excluding 238 legislators from Maoists and two from the Communist Party of Nepal (United).

He was the Deputy Prime Minister in the Nepalese government during the CPN (UML) minority government as well as the leader of the opposition in the National Assembly. He campaigned for the solution of Nepal Civil War through talks and did not believe that mobilization of the army was the solution.

He was arrested in 2001 during a crackdown on anti-government protest.

Following the palace massacre he called for Prime Minister Girija Prasad Koirala to step down, though later joined forces with him to launch a campaign against King Gyanendra”s assumption of executive powers.

On April 12, 2008, Nepal resigned as General Secretary of the CPN (UML) after having lost the Kathmandu-2 seat to Maoist candidate Jhakku Prasad Subedi in the 2008 Constituent Assembly election. Nepal was also defeated in Rautahat-6 constituency by CPN(M) candidate Devendra Patel.

In June 2008, the CPN (UML) proposed that M. K. Nepal become the country’s first President, following the declaration of the country as a republic. (ANI)

Madhav Kumar to be sworn-in as Nepal PM today

Kathmandu, May 25 (ANI): Newly elected Prime Minister Madhav Kumar Nepal will be sworn in today.

President Dr Ram Baran Yadav will administer him oath of office and secrecy during a special ceremony at the president’s office.

Along with Prime Minister, a mini cabinet of four-five ministers will also be sworn-in.

Madhav Kumar, a UML (Unified Marxist Leninist) nominee, was chosen ‘unopposed’ as the new Prime Minister of Nepal during a legislature-parliamentary session of the Constituent Assembly (CA) on Saturday.

Fifty six-year-old Madhav Kumar, an alumni of Bihar”s Goenka College, received the support of around 360 legislators of 22 political parties, excluding 238 legislators from Maoists and two from the Communist Party of Nepal (United).

He was the Deputy Prime Minister in the Nepalese government during the CPN (UML) minority government as well as the leader of the opposition in the National Assembly. He campaigned for the solution of Nepal Civil War through talks and did not believe that mobilization of the army was the solution.

He was arrested in 2001 during a crackdown on anti-government protest. Following the palace massacre he called for Prime Minister Girija Prasad Koirala to step down, though later joined forces with him to launch a campaign against King Gyanendra”s assumption of executive powers.

On April 12, 2008, Nepal resigned as General Secretary of the CPN (UML) after having lost the Kathmandu-2 seat to Maoist candidate Jhakku Prasad Subedi in the 2008 Constituent Assembly election. Nepal was also defeated in Rautahat-6 constituency by CPN(M) candidate Devendra Patel.

In June 2008, the CPN (UML) proposed that M. K. Nepal become the country”s first President, following the declaration of the country as a republic. (ANI)

Madhav Kumar Nepal elected as Nepal’s new Prime Minister

Kathmandu, May 23 (ANI): Madhav Kumar Nepal, a UML (Unified Marxist Leninist) nominee, was chosen as the new Prime Minister of Nepal in the Legislature-Parliamentary session of the Constituent Assembly (CA) on Saturday.

Madhav, in the absence of any challenger, was chosen unopposed. e enjoys the support of 22 other parties.

Fifty six-year-old Madhav, alumni of Bihar’s Goenka College, received the support of around 360 legislators of 22 political parties, excluding 238 legislators from Maoists and two from the Communist Party of Nepal (United).

The Unified CPN (Maoist) that stepped down from the government stayed away from election procedure, and said they would boycott the new government.

Madhav Kumar Nepal has been the Deputy Prime Minister in the Nepalese government during the CPN (UML) minority government as well as the leader of the opposition in the National Assembly.

Besides, Madhav campaigned for the solution of Nepal Civil War through talks and did not believe that mobilization of the army was the solution. (ANI)

Nepal parliament elects new prime minister

Nepal parliament elects new prime ministerKathamndu – The Nepalese parliament on Saturday elected Madhav Kumar Nepal as the country’s prime minister – ending nearly three weeks of political crisis.

Nepal, 56, was elected unopposed by the constituent assembly on Saturday evening after a boycott by the Maoists, who walked out in anger over the collapse of their government.

“Madhav Kumar Nepal has been elected unopposed as the prime minister of Nepal,” constituent assembly chairman Subash Nembang announced. “I also wish his government all the success for the task of drafting the new constitution.”

Speaking briefly to reporters after his election, Nepal said he would try to bring the Maoists into consensus with other political parties and end the transitional period in the country as soon as possible.

He will succeed Pushpa Kamal Dahal, a former Maoist guerilla leader, who resigned after a power struggle with President Ram Baran Yadav, following the sacking of the army chief Rukmangad Katuwal on May 4.

The president reinstated the army chief just hours after the government action – leading to protests from the Maoists.

Nepal, with the backing of over 350 members from 22 political parties in the 601-member assembly was the sole candidate, as the Maoist decided not to field any candidate or take part in the election.

Nepal, a member of the moderate Communist Party of Nepal-Unified Marxist Leninist (CPN-UML), lost last year’s election for the constituent assembly.

He was however, inducted in the assembly on the insistence of the Maoists who said his presence was necessary to draft the country’s new constitution.

He is expected to form a new government over the next few days. (dpa)

Two killed in blast in Nepal

Kathmandu, May 23 (ANI): At least two persons were killed and over a dozen others were injured when a bomb went off near a catholic church in Dhobighat of Lalitpur district today, hours before the country was set to elect a new prime minister.

The blast took place at 9.15 am when as prayer was about to begin. There were about 150 people in the church when the bomb went off.

The deceased are identified as Alestina Joseph, 14, a ninth grade student of St Mary’s school and Deepa Patry, 30.

14 other people are injured and undergoing treatment at Alka Hospital, Jawalakhel and Patan Hospital. Condition of two is reported to be critical.

Police has cordoned the area.

However, Nepal lawmakers will vote today to elect a new Prime Minister.

Former chief of the CPN (UML) Madhav Kumar Nepal, who has been supported by 22 parties in the parliament, is almost certain to become the next Prime Minister.

The Unified CPN (Maoists) has decided not to field a candidate. Speaker of the legislature parliament will announce the Prime Minister unanimously elected if only one candidate files nomination by 1 pm.

If there are two or more candidates, the parliament secretariat will publish the final list of the candidates at 1:30 pm.

The lawmakers will vote for or against the first candidate. If the first candidate cannot gain a majority, the process will be repeated for the second candidate. (ANI)

Nepal to elect new Prime Minister today

Kathmandu, May 23 (ANI): Almost three weeks deadlock over the formation of a new government, Nepal lawmakers will vote today to elect a new Prime Minister.

Former chief of the CPN (UML) Madhav Kumar Nepal, who has been supported by 22 parties in the parliament, is almost certain to become the next Prime Minister.

The Unified CPN (Maoists) has decided not to field a candidate. Speaker of the legislature parliament will announce the Prime Minister unanimously elected if only one candidate files nomination by 1 pm.

If there are two or more candidates, the parliament secretariat will publish the final list of the candidates at 1:30 pm.

The election for the new Prime Minister will start in the parliament at 3 pm.

The lawmakers will vote for or against the first candidate. If the first candidate cannot gain a majority, the process will be repeated for the second candidate. (ANI)

Nepal to elect new Prime Minister on Saturday

Kathmandu, May 22 (ANI): The advisory committee on parliamentary procedures has decided to hold the election for new Prime Minister on Saturday.

During a meeting on Thursday, the committee has also handed over the authority to Speaker Subas Nemwang to decide the issue of Maoist’s resolution against the President’s decision to block the government decision to sack the army chief.

Maoist parliamentary party leader Narayan Kaji Shrestha said, “The committee has also decided to hold election for the new Prime Minister on Saturday.”

Meanwhile, caretaker Prime Minister Prachanda cancelled his prescheduled address to the parliament as the parties failed to reach understanding on the resolution tabled by the Unified CPN (Maoist) against the President’s move.

Prachanda deferred his address as the Nepali Congress, the UML and other parties reiterated that the House cannot take up the resolution on the President’s move as the Supreme Court is to give its decision on a case against it. On the other hand, the Maoist side refused to withdraw the resolution.

The parliament secretariat announced the postponement of today’s schedule through a notice.

Earlier, during a meeting with speaker Nemwang, Prachanda agreed to allow the House proceedings on the condition that the House takes up the resolution.

The resolution has already been registered at the parliament secretariat, but it will be officially tabled at the parliament only after the approval of the Speaker.

The Speaker said he would take decision after consultation with the advisory committee, Nepalnews reported. (ANI)