K.P. Sharma Oli is Nepal’s new Prime Minister

Kathmandu: K.P. Sharma Oli has taken over as the 41st Prime Minister of Nepal. Increase in the challenges for India is apparent as Oli is known for his pro-Chinese policies. The Nepalese media are trying to clarify his policies by suggestively saying that he will adopt balanced foreign policies to maintain balance between India and China.

K-P-Sharma-OliK.P. Oli’s Communist Party of Nepal (Unified Marxist-Leninist), got a thumping majority in the elections held two months ago. K.P. Oli had contested the elections after forming an alliance with the Unified Communist party of Nepal(Maoist-Centre), of former Prime Minister Pushpa Kamal Dahal aka Prachanda.

The two parties won 174 seats out of the 274 seats. Out of these, 121 seats were won by K.P. Oli’s party alone. The two parties also won 39 out of the 59 seats in the National Assembly, the upper house of parliament. It was very clear that K.P Oli would be the next Prime Minister.

There was an all-party coalition government in Nepal before this. A decision was made to get the leadership of each coalition party, to lead the country for certain period of time. In that arrangement, K.P. Oli was the Prime Minister of Nepal from October 2015 to August 2016.

During the same time, in view of the Madhesi crisis, the Indian fuel supply monopoly was broken by allowing even the Chinese companies to supply fuel. There were many important agreements with China for participating in the OBOR project. These included agreements regarding Railway, internet and other infrastructure.

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