What you need to know about Ujyalo Nepal Party’s “Commitment Document”
Summary
The Ujyalo Nepal Party has unveiled its nine-page election manifesto focusing on economic prosperity through hydropower development, streamlined government reforms, and youth employment initiatives to make Nepal an upper-middle-income country by 2035.
Key Points
- The Ujyalo Nepal Party proposes structural government reforms to downsize legislative bodies and streamline executive ministries for efficiency and accountability.
- The party aims to achieve a $70 billion GDP by 2030 and $111 billion by 2035 with a focus on construction, entrepreneurship, industrial growth, and energy development.
- Hydropower is central to the economic vision, targeting 12,000 MW production by 2030 and 25,000 MW by 2035, with substantial electricity exports to neighboring countries.
- Social welfare is emphasized through funds generated from hydropower revenue directed towards education, healthcare, job creation, rural infrastructure, and poverty alleviation.
