People's Socialist Party, Nepal (2020)

People's Socialist Party, Nepal
जनता समाजवादी पार्टी, नेपाल
AbbreviationPSP-N
ChairpersonUpendra Yadav
SpokespersonRamkumar sharma
Founded22 April 2020 (2020-04-22)
Merger ofRJPN
SPN
HeadquartersBalkumari, Lalitpur
Student wingSocialist Student Union, Nepal
Youth wingSocialist Youth Union, Nepal
Women's wingSocialist Women Union, Nepal
IdeologyDemocratic socialism
Madheshi interests
Secularism
Political positionCentre-left to left-wing
AllianceNepali Congress+
ECN StatusNational Party
Seats in Pratinidhi Sabha
5 / 275
Seats in Rastriya Sabha
3 / 59
Seats in Provincial Assemblies
17 / 550
Chief Ministers
0 / 7
Mayors/Chairs
25 / 753
Councillors
1,048 / 35,011
Election symbol
Party flag

The People's Socialist Party, Nepal (abbr. PSP-N; Nepali: जनता समाजवादी पार्टी, नेपाल), also known as Janata Samajbadi Party Nepal is the eighth largest political party in Nepal. Since the 2022 local election, the party has been limited to stand only as the third largest party of Madhesh Province after the Nepali Congress and CPN (UML) respectively.

Recently the party faced a major split when 7 of 12 MPs in the House of Representative (lower house) formed a new party, People's Socialist Party under the leadership of party's federal council chairman Ashok Rai. With 5 out of 275 seats in the lower house and 3 out of 59 seats in the upper house National Assembly, the party is the eighth largest political party in the Federal Parliament.