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Nepal votes on March 5; focus on jobs, economy

by Dipanjan Roy Chaudhury
February 27, 2026
in Business
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New Delhi: India’s Himalayan neighbour Nepal will maintain nationwide elections subsequent week, its first since youth-led protests toppled the federal government of Okay P Sharma Oli final September, amid hopes of a authorities that may take steps to spice up the financial system and create jobs.

Practically 19 million of Nepal’s 30 million individuals are eligible to vote within the March 5 election for the 275-member home of representatives. About a million of the voters, most of them youth, have been included since final yr’s protests.

Whereas direct contest will resolve 165 seats, the remaining might be determined by way of proportional illustration, the place seats are allotted to events in proportion to their vote share.

Jobs and financial system are key points on this election significantly for the youth, Kathmandu-based sources instructed ET. India might be watching the result of the elections carefully given its strategic and financial pursuits within the Himalayan state. China, too, will maintain a watch and would like to cope with a longtime political celebration, ideally the Communists and Maoists, in accordance with Nepal watchers.

Nepal’s largest buying and selling companion is India, accounting for 63% of imports, or $8.6 billion, adopted by China at 13%, or $1.8 billion, in accordance with World Financial institution figures. Over the previous couple of years, India and Nepal have been in a position to create hydel energy partnership, aiming to copy the India-Bhutan mannequin in future.

Dwell Occasions


Rapper-turned-politician and former Kathmandu mayor Balendra Shah of Rastriya Swatantra Occasion is among the many frontrunners for prime minister. He’s in direct contest with four-time prime minister Oli of Communist Occasion of Nepal (Unified Marxist-Leninist).

Oli has an uphill activity of getting assist from the youth, which had overthrown his authorities by way of the road protests. Different contenders embody Nepali Congress celebration’s 49-year-old Gagan Thapa. Former PM and ex-Maoist chief Prachanda is probably not eyeing the highest submit however is energetic within the election course of.



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