Madhav Kumar Nepal, chairperson of the CPN(Unified Socialist) party, outlined the party's socio-economic priorities at a press conference here today.

A day after getting recognition from the Election Commission, Nepal said the NCP(US) would not deviate from federalism and would be committed to the fundamental features of the constitution, including inclusion and secularism.

He, however, said that his party would establish a museum to showcase the heritage related to Hinduism and Buddhism as the two religions had originated in the country.

He also said his party would seek to revise the Millennium Challenge Corporation agreement signed with the United States as proposed by a UML task force headed by former prime minister Jhalanath Khanal, who is now senior leader of the CPN(US).

The new party will implement its socio-economic programmes targeting people below the poverty line and the marginalised castes and communities that suffered discrimination. He said the party would pursue programmes to strengthen unity among communities in the country. He said his party would have friendly relations with all and no enmity with anybody.

"We will encourage foreign direct investment, but only in competitive areas, not in areas where domestic businesses can do better," he added. Nepal's party will encourage industries that can help achieve the goals of import substitution.

Nepal said he and his comrades decided to split from the CPN-UML and form a new party as the mother party had fallen into KP Sharma Oli's rightist trap. "There was no option but to revolt against Oli's rightist path as he had expelled revolutionary leaders of the party," he added.

Nepal said his party would encourage young leaders. "Although my party leaders tell me not to say this now, I want to tell you that I won't be active in politics five years after the next general elections," he added, "I am against the tendency of too old people taking the party mantle."

He said his party would not hold unity talks with the Oli-led UML until the latter rectified its mistake and dissociated itself from the rightist path.

A version of this article appears in the print on August 27 2021, of The Himalayan Times.