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Nepal Socialist Party


Socialist Party of Nepal नेपाल समाजवादी पार्टी
NSP(नेसपा)
Mahindra Ray Yadav
Ramesh Prasad Yadav
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Govinda Prasad Chaudhary
Mahindra Ray Yadav
24 July 2022
182
4 November 2025
PSP-N
Nepali Communist Party PraLoPa
Tinkune ,subidhanagar, Kathmandu, Nepal
Democratic socialismFactionsMadhesi rightsJanajati rightsEthnic federalism
Center-left
Democratic Left Alliance
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2 / 275
0 / 59
4 / 550
https://nepalsamajwadiparty.org.np/
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The Socialist Party of Nepal (Nepali: नेपाल समाजवादी पार्टी) was a democratic socialist political party in Nepal. It is led jointly by former prime minister Dr. Baburam Bhattarai and leaders of the Terai-Madhesh region Mahindra Ray Yadav and Ramesh Prasad Yadav. The party has announced merger with six other communist parties and groups to form Nepali Communist Party.

The party was formed after a split in the People's Socialist Party, Nepal, with some members citing the authoritarian and power-oriented nature of chairman Upendra Yadav as a factor.

The dispute amongst members of the People's Socialist Party, Nepal arose when Yadav did not call a meeting with the party's central committee. He was criticized for neglecting demands for more inclusive leadership and accused of trying to turn the organization into a national party. A faction led by Bhattaraj conducted a central committee meeting in Jadibuti, Kathmandu on 12 and 13 July 2021 which concluded in the formation of the Socialist Party of Nepal.

Several central committee members from the previous party, including Hisila Yami, Ganga Narayan Shrestha, Bhakta Bahadur Shah, Prashant Singh, Damber Khatiwada, Dan Bahadur Chaudhary, and Durga Sob, joined the new group. A majority of central committee members from Lumbini and Gandaki provinces also joined the party, including former ministers Dan Bahadur Chaudhary and Govind Chaudhary. Former constituent assembly members Muhammad Okil Musalman and Chinak Kurmi also joined the party.

Nepal Samajbadi Party (Naya Shakti), began its first national convention in Kathmandu, with 1,500 representatives electing its leadership. Founded in 2016 as Naya Shakti, the party underwent multiple mergers before its rebranding in 2023. Currently unrepresented in parliament, it aims to reshape Nepal’s political landscape and build progressive alliances.

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ElectionLeaderVotesSeatsPositionResulting government
2022Baburam BhattaraiMahendra Raya Yadav1,175,68411.13New2 / 275New3rdCoalition government
Nepal Socialist Party (2)
Sarlahi 2Mahindra Ray Yadav
Proportional representationUmrawati Devi Yadav
No.PortfolioOffice holderTerms in Office
Baburam Bhattarai6 August 2021Incumbent3 years, 296 days
Mahindra Ray Yadav6 August 2021Incumbent3 years, 296 days
Govinda Prasad Chaudhary6 August 2021Incumbent3 years, 296 days
Durga Sob6 August 2021Incumbent3 years, 296 days
Hisila Yami6 August 2021Incumbent3 years, 296 days
Bhakta Bahadur Shah6 August 2021Incumbent3 years, 296 days
Ramesh Yadav6 August 2021Incumbent3 years, 296 days
  • Nepali Communist Party
  • Nepal Socialist Party (Naya Shakti)
  • Baburam Bhattarai
  • Mahindra Ray Yadav
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