Maoists get majority in Nepal, Prachanda to be PM

It's official now. Maoists won 120 out of 240 seats of the Constituent Assembly for which the elections were held recently. After getting a simple majority, Maoist leader Pushpa Kamal Dahal, popularly known as Prachanda declared that he would be the next Prime Minister of Nepal. The Constituent Assembly will have 601 seats.

While elections were held for 240 seats, remaining seats will be allotted to respective parties on a proportional basis. According to Prachanda, the 240-year old Monarchy will be abolished in the first meeting of the Constituent Assembly. The Maoists have already issued an ultimatum of four weeks to King Gyanendra to leave the palace. The Indian government is holding talks with the Maoist leaders in Nepal for a 'graceful exit' for King Gyanendra. The King and his family may seek asylum in India.