According to Article 298 (3) of the Constitution, the Prime Minister shall be elected by a majority of all the members of the Legislature-Parliament, if parties fail to pick a consensus candidate for the post of Prime Minister within a week.
The president issued the call as per Article 298 (3) of the Constitution after the seven-day deadline given to form a consensus government ended today without any result, the Office of the President said.
President Bhandari initiated the Constitutional process to form the new government after Prime Minister Pushpa Kamal Dahal 'Prachanda' resigned on May 24 after a brief stint of nine months, honouring a power sharing understanding with the ruling coalition partner Nepali Congress to hand over the country's leadership to the largest party in Parliament.
Prachanda resigned as per a deal reached in July-August last year with Nepali Congress President Sher Bahadur Deuba, who is expected to take over as the prime minister.
Prachanda is the only Communist leader to become the Prime Minister of Nepal twice.
During his first tenure as the prime minister from 2008 to 2009, Prachanda was not on good terms with India.
However, during his second tenure, he had chosen India as his first overseas destination rather than China.
Indo-Nepal ties, which were strained during Prachanda's predecessor K P Oli's regime, also improved under the Maoist leader's second stint.
Prachanda was to hold office till local polls were held and remaining two elections - provincial and central - were to be conducted under Deuba.
Local-level elections could not be held after 1997 largely as a result of the decade-long Maoist insurgency that claimed more than 16,000 lives in Nepal.
The elections should be held in every five years but due to the political instability, they were halted since May 1997.
Prachanda, who led the Maoists during the armed struggle from 1996 to 2006, is credited with transforming the rebel movement into a political party after a 2006 peace deal.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
