The Pragatisheel Loktantrik Party was announced on Sunday.

The party was announced with the unification of Baburam Bhattarai-led Nepal Samajwadi Party (Naya Shakti), Janardan Sharma’s Pragatisheel Rastriya Abhiyan, and Santosh Pariyar, who recently left the Rastriya Swatantra Party, at a program organized in Kathmandu this afternoon.

The leaders have stated that progressive socialism is the party’s guiding principle and its election symbol is an eye.

It has been said that the party will have 151 central members.