Virendra Bahadur Basnet, owner of Buddha Air, and his team have registered a new political party, “Gatisheel Loktantrik Party,” with the Election Commission of Nepal.
Virendra Bahadur Basnet, the owner of Nepal’s leading airline, Buddha Air, has officially entered active politics. Basnet and his team have registered a new political party named “Gatisheel Loktantrik Party” with the Election Commission.
According to the Election Commission, the party has been registered under number 517. The party’s leadership includes sociologist Dinesh Prasai as president, Piyush Prasad Kayastha as general secretary, and Virendra Basnet as a member.
Party Structure and Policies
Under the party’s constitution, office bearers are not eligible to contest elections, while other members can participate as candidates.
In a document titled “Why We Exist and Our Commitment,” the party describes itself as a new political alternative focused on reform, good governance, and economic development. The document states, “Politics is a service, not a means to power.” The party positions itself as a results-oriented and governance-focused political force rooted in democratic values.
Key Policies and Principles
Gatisheel Loktantrik Party emphasizes transparency, accountability, and public responsibility. Leadership selection, from local to federal levels, will be based on merit, integrity, and capability. A two-term limit is set for any single office within the party.
The party’s economic policy is built on three pillars: production, transparency, and self-reliance. Key priorities include:
Using agriculture, tourism, energy, and information technology as foundations for economic transformation.
Promoting youth entrepreneurship through employment-focused programs.
Supporting local production and industries via tax incentives, relief measures, and investment security policies.
Prioritizing public-private partnership models in education, health, transport, and irrigation.
Implementing a zero-tolerance policy on corruption and maintaining prudence in government spending.
Long-Term Vision
Gatisheel Loktantrik Party defines itself as a “democratic, inclusive, and results-oriented reformist force” aiming to strengthen governance and socio-economic development in Nepal.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
