Nepal Prime Minister Sushil Koirala is likely to submit his resignation to President Ram Baran Yadav on Friday to pave way for the election of a new Prime Minister of the country.
Meanwhile, Khadga Prasad Sharma Oli, chairman of the Communist Party of Nepal (Unified Marxist-Leninist), tipped to become the next Prime Minister of the Himalayan nation.
Koirala, a Nepali Congress leader, was elected as the Prime Minister of Nepal on February 10, 2014.
President Yadav on September 20 had announced the adoption of a new 'secular and democratic' Constitution, which marked Nepal's transformation from a Hindu monarchy to a secular democracy.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app