Nepal PM Pushpa Kamal Dahal 'Prachanda' resigns on Live TV

Kathmandu: Nepal Prime Minister Pushpa Kamal Dahal 'Prachanda' resigned while addressing the nation live on television on Wednesday.

His resignation has paved way for Nepali Congress President Sher Bahadur Deuba to become the next Prime Minister of the country.

Prachanda did put his papers at 1600 hours after a televised address to the nation, in which he announced his resignation and highlighted the achievements of his government during the past 10 months.

With the resignation, the government has been relegated to a caretaker one, and will remain in office until next government is formed.

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The resignation is to honour an accord signed in August last year when Prachanda was elected the Prime Minister with Deuba's support. Both Prachanda and Deuba had agreed to run the government on a rotational basis until elections to Parliament were held in February 2018, as per constitutional obligations.

According to the agreement, Prachanda was to remain in office till the local elections were held while polls at the provincial and central levels were to be conducted under Deuba as the Prime Minister.

Prachada was scheduled to address the Parliament before putting in his papers but due to obstruction of the House by main opposition, CPN-UML, he could not step down on Tuesday.