Nepal’s 14th Republic Day, Importance of a socialist-oriented economy

Republic Day

Nepal is celebrating its 14th Republic Day today, 13 years after it was declared.

On May 28, 2008, the first meeting of the Constituent Assembly (CA) elected on the basis of the People’s Movement in 2062/63 BS declared Nepal as the Federal Democratic Republic, ending a 238-year-long Shah dynasty.

The government is not organizing a formal program to commemorate Republic Day this year due to the COVID-19.

Previously, the government provided a holiday on Republic Day. Since 2076 BS, the holiday has been canceled.

Since the establishment of the Republic one and a half decades have passed, but no significant changes have occurred in the country, as expected.

The President’s Institute, which is seen as a symbol of the Republic, has recently come under fire from all sides.

President Bidya Bhandari expressed hope that the Republic Day would inspire the entire Nepali people to establish the socialism-oriented national economy envisioned in the Constitution.

In a message of best wisdom on the occasion of the Day today, the President wished all Nepali sisters and brothers at home and abroad happiness, peace, and prosperity, and urged the people to commemorate the Day by adhering to the prohibitory order imposed by the government in order to prevent and control the second wave of Covid-19.

“According to the Constitution, every citizen is equal. The democratic republican administrative system is gradually being institutionalized,” said the President in his message, adding that “the Republic Day will further strengthen the sovereignty, territorial integrity, independence, and national unity.”

According to the President’s message, the Republic Day will encourage all Nepalis to achieve economic prosperity and contribute to the establishment of a cultured, civilized, and just society.