Nepal's President Rambaran Yadav today asked political parties to form a consensus government before February 2.
If the parties fail to form the consensus government, Yadav will ask them to form a majority government, the President's Office said in a statement.
The president's announcement came hours after the Nepali Congress elected its president Sushil Koirala as the party's leader in the Constituent Assembly, which also doubles as the parliament.
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Nepali Congress, however, needs support from either CPN- UML or Unified CPN-Maoist and other fringe parties to reach the magical number of 301 seats in the Constituent Assembly to form the government.