The Rastriya Swatantra Party (Nepali: राष्ट्रिय स्वतन्त्र पार्टी, lit. ‘National Independent Party’, abbr. RSP (Nepali: रास्वपा)) is a centrist[7][5] political party in Nepal.[8][9][10] The party became the largest national party of Nepal following a landslide victory in the 2026 general election.[11] As a centrist party, the party strongly follows Right to Recall provisions for its elected MPs,[12] anti-corruption stands pledging to probe assets of public officeholders since 1990 alongside social justice to marginalized communities, meritocracy in civil services, unified health service transparency, envisioned road transport model, amendment of land acquisition and environmental clearance laws, single-window service delivery system to fast-track projects,[13] ‘National Knowledge Bank’ to connect foreign experts with domestic sectors in commercial industries, digital-first governance and a strict oversight on BFIs protecting small depositors and pension funds under its political spectrum.[14]
The party was a coalition partner in the Prachanda-led government with four cabinet ministries from 6 March 2024 to 12 July 2024.[15][16] Previously, it was a junior ally in the Prachanda-led government from 26 December 2022 until 5 February 2023.[17][18] The party was announced by Rabi Lamichhane in June 2022[19] and registered with the Election Commission of Nepal on 1 July 2022, ahead of the 2022 Nepalese general election.[20][21] The RSP was previously the fourth-largest national party in Nepal after the 2022 general election