# Nepal Socialist Party

The Socialist Party of Nepal (Nepali: नेपाल समाजवादी पार्टी) is 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 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.

## History
### Formation

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.

## Electoral performance
### Legislative elections

| Election | Leader | Votes | Votes | Votes | Seats | Seats | Position | Resulting government |
| Election | Leader | No. | % | +/– | No. | +/– | Position | Resulting government |
| 2022 | Baburam Bhattarai Mahendra Raya Yadav | 1,175,684 | 11.13 | New | 2 / 275 | New | 3rd | Coalition government |
* ↑ Run in coalition with CPN (MC).

## List of members of parliament
### Members of Pratinidhi Sabha

Nepal Socialist Party (2) :
| Constituency/PR group | Member | Portfolio & Responsibilities / Remarks |
| Sarlahi 2 | Mahindra Ray Yadav | |
| Proportional representation | Umrawati Devi Yadav | |

## Leadership
### Party portfolios

| No. | Portfolio | Office holder | Terms in Office | Terms in Office | Terms in Office |
| No. | Portfolio | Office holder | Start | End | Tenure |
| 1 | Chairman | Baburam Bhattarai | 6 August 2021 | Incumbent | 2 years, 187 days |
| 1 | Chairman | Mahindra Ray Yadav | 6 August 2021 | Incumbent | 2 years, 187 days |
| 2 | Joint Chairman | Govinda Prasad Chaudhary | 6 August 2021 | Incumbent | 2 years, 187 days |
| 3 | Deputy Chairman | Durga Sob | 6 August 2021 | Incumbent | 2 years, 187 days |
| 3 | Deputy Chairman | Hisila Yami | 6 August 2021 | Incumbent | 2 years, 187 days |
| 3 | Deputy Chairman | Bhakta Bahadur Shah | 6 August 2021 | Incumbent | 2 years, 187 days |
| 4 | General Secretary | Ramesh Yadav | 6 August 2021 | Incumbent | 2 years, 187 days |