News from Nepal

KATHMANDU, Feb 28 - Maoist chairman Prachanda on Wednesday informed that the date for the Constituent Assembly (CA) elections will be announced by Thursday.

Prachanda further said that his party has begun "serious" discussions to this end with the government and other parties.

Talking to media persons during a press meet organized in Nepalgunj prior to his return to the capital, the Maoist chairman stated that his party was committed towards clearing up the confusion regarding the CA elections.

Prachanda also said that they would join the government in two to three days' time if the eight parties reach a "respectful" consensus regarding the distribution of the ministerial portfolios.

He further added that whether the Maoists will join the government or not will depend on the action that the government takes against those proved guilty by the Rayamajhi Commission.

The Maoist strongman also said that his party and other parties had started discussions regarding the announcement of a republic setup in Nepal through the Interim Legislature-Parliament itself.

Meanwhile, in a discussion with local businessmen, the Maoist chairman said that the party would publicly issue the White Paper regarding important business policies soon.

He further added that his party was also preparing to put a ceiling on fixed property other than lands.

Prachanda also informed that his party would return the confiscated land and property soon, adding that he would furnish the details in a statement to be issued on Thursday.