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Ram Sharan Mahat

From Wikipedia, the free encyclopedia

Ram Saran Mahat, Phd
रामशरण महत
Mahat speaking in a program on women's participation
Minister of Finance
In office
25 February 2014[1] – 12 October 2015
PresidentRam Baran Yadav
Prime MinisterSushil Koirala
Vice PresidentParamananda Jha
Preceded byShankar Prasad Koirala
Succeeded byBishnu Prasad Paudel
In office
17 October 1996[2] – 10 March 1997
MonarchKing Birendra
Prime MinisterSher Bahadur Deuba
Succeeded byRabindra Nath Sharma
In office
22 September 1995[3] – 31 July 1996[4][5]
MonarchKing Birendra
Prime MinisterSher Bahadur Deuba
Preceded byBharat Mohan Adhikari
Minister of Foreign Affairs
In office
30 June 1999[6] – 20 March 2000[7]
MonarchKing Birendra
Prime MinisterKrishna Prasad Bhattarai
Preceded byKrishna Prasad Bhattarai
(as prime minister)
Succeeded byChakra Prasad Bastola
Vice-Chairman of National Planning Commission of Nepal
In office
1991[8]–1993
Prime MinisterGirija Prasad Koirala
Preceded byBharat Prasad Dhital
Succeeded byMangal Siddhi Manandhar
Personal details
Born (1951-01-01) 1 January 1951 (age 75)
Kabilas - 8, Nuwakot, Nepal
PartyNepali Congress
SpouseRoshana Mahat
RelationsPrakash Sharan Mahat (brother)
ChildrenRaxak Mahat and Agya Mahat
Parents
  • Khadga Bahadur Mahat (father)
  • Tol Kumari Mahat (mother)
Education
Awards
Best Finance Minister,[10]
Francis Humbert Humphrey Award for Leadership Role in the Public Service
Tribhuvan University Gold Medal (1972; Master of Economics)

Ram Sharan Mahat[a] (born 1 January 1951) is a Nepali politician, economist and author affiliated with the Nepali Congress.[11] He has served multiple terms as Nepal's Minister of Finance[5], including from 2014 to 2015 under Prime Minister Sushil Koirala[1], and also served as Minister of Foreign Affairs from 1999 to 2000.[6][9][12]

He has represented Nuwakot in the Parliament of Nepal and was a member of both the First and Second Constituent Assemblies.[13][14] Before entering electoral politics, Mahat worked with the United Nations Development Programme (UNDP) in Nepal and abroad.[15]

Early life and education

[edit]

Mahat was born on 1 January 1951 in Kalibas, Nuwakot District, Nepal, to Khadga Bahadur Mahat and Tol Kumari Mahat. He completed his School Leaving Certificate in 1964 and earned a master's degree in economics from Tribhuvan University in 1972, receiving a university gold medal.[9][11][15]

During the Panchayat period, he was detained without trial under the Security Act from 1973 to 1975 because of his political activities. Following his release, he studied at the Gokhale Institute of Politics and Economics in Pune, India, under a Government of India scholarship, where he completed a PhD in economics in 1979.[9][15]

Mahat was awarded the Hubert H. Humphrey Fellowship in 1987–88 and was associated with American University in Washington, D.C.[9][15]

Career

[edit]

United Nations career

[edit]

After completing his doctoral studies, Mahat joined the United Nations Development Programme (UNDP) in 1980.[15] He served in Nepal, New York and Pakistan. His final UNDP assignment involved coordinating a cross-border humanitarian programme for Afghanistan between 1989 and 1990.[9][16] Following the restoration of multiparty democracy in Nepal in 1990, he left the organization to enter electoral politics.[17]

Political career

[edit]

Mahat became active in student politics while studying at Tribhuvan University and served as General Secretary of the Nepal Student Union. During the Panchayat era he was imprisoned on several occasions because of his political activities.

Following the restoration of multiparty democracy in 1990, he served as Economic Adviser to the Prime Minister and later as Vice-Chairman of the National Planning Commission from 1991 to 1993.[8][9] During his tenure, the Commission formulated the Eighth Five-Year Plan (1992–1997), which shifted Nepal’s development strategy toward market-oriented reforms, with emphasis on economic growth, poverty reduction, agriculture, infrastructure, and human development.[18] The plan was implemented amid political instability and contributed to a period of moderate economic growth alongside liberalization measures such as tariff reforms and privatization.[19]

He was first elected to the House of Representatives from Nuwakot 2 in the 1994 general election and subsequently represented the constituency for multiple terms. He later became a member of both the First and Second Nepalese Constituent Assemblies and was re-elected from Nuwakot–2 in the 2013 Constituent Assembly election.

Mahat served as Minister of Finance on several occasions and was Minister of Foreign Affairs from 1999 to 2000.[6] Following the 2006 People's Movement, he became Finance Minister in the coalition government formed after the restoration of democracy. From 2014 to 2015, he again served as Minister of Finance under Prime Minister Sushil Koirala.[1]

He also served on the Special Committee for the Integration and Rehabilitation of Maoist Army Combatants during Nepal's post-conflict peace process.[20]

From 1993 to 1995, Mahat served on the Board of Trustees of the Asian Institute of Technology in Thailand.[21][22][23]

Personal life

[edit]

Mahat is married to Roshana Mahat and has two children. His younger brother, Prakash Sharan Mahat, is also a Nepali Congress politician.

Publications

[edit]

Mahat is the author of In Defence of Democracy: Dynamics and Fault Lines of Nepal's Political Economy (2005)[17][24] and Trials, Tremors and Hope (2019).[25]

Notes

[edit]
  1. ↑ Nepali: रामशरण महत

References

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  1. 1 2 3 "Meet the new cabinet of ministers". Nepali Times. 25 February 2014.
  2. ↑ डा रामशरण महतललाई मन्त्री पदमा अर्थ मन्त्रालयको कार्यभार सम्हाल्न तोकेको [Dr Ram Sharan Mahat appointed as minister for the ministry of finance] (Report) (in Nepali). Nepal Gazette. 17 October 1996.
  3. ↑ प्रधानमन्त्रीको सिपारीसमा हेरफेर र कार्य बिभाजन गरेको [Reshuffle and portfolio assignment on the recommendation of the prime minister] (Report) (in Nepali). Nepal Gazette. 22 September 1995. p. 2.
  4. ↑ डा रामशरण महतले आफ्नो पदबाट स्वीकृत गरेको [Dr Ram Sharan Mahat's resignation accpeted] (Report) (in Nepali). Nepal Gazette. 31 July 1996.
  5. 1 2 Poudyal, Rishi Ram (31 July 1996). "अर्थमन्त्री महत राजीनामा दिन बाध्य भएको त्यो घटना‍‍" [The incident that forced Finance Minister Mahat to resign]. eKantipur. Archived from the original on 21 February 2026. Retrieved 21 February 2026.
  6. 1 2 3 प्रधानमन्त्रीको सिफारीशमा हेरफेर थप र कार्य बिभाजन गरेको [Reshuffle and portfolio assignment on the recommendation of the prime minister] (Report) (in Nepali). Nepal Gazette. 30 June 1999.
  7. ↑ कृष्णप्रसाद भट्टराईलाई धन्यवाद बक्सेको [Krishna Prasad Bhattarai thanked] (Report) (in Nepali). Nepal Gazette. 20 March 2000.
  8. 1 2 "Former Vice-Chairperson". npc.gov.np. Archived from the original on 22 June 2025. Retrieved 1 July 2014.
  9. 1 2 3 4 5 6 7 "Dr. Ram Sharan Mahat". Ministry of Finance. Archived from the original on 1 July 2014. Retrieved 1 July 2014.
  10. ↑ "Ram Sharan Mahat named "Best Finance Minister" 2016 by UK's The Banker Magazine". The Kathmandu Post. 4 January 2016. Retrieved 4 January 2016.
  11. 1 2 "Election candidate - Dr. Ram Saran Mahat". Ujyaaloonline.com. Archived from the original on 16 July 2014. Retrieved 15 July 2014.
  12. ↑ "Nepalese finance minister Ram Sharan Mahat with the country's 2014/2015 budget - ABC News (Australian Broadcasting Corporation". abc.net.au. Retrieved 15 July 2014.
  13. ↑ "Central Development Election Result". MyRepublica. Archived from the original on 23 November 2013.
  14. ↑ "Elected Members". Nepalnews. Archived from the original on 14 July 2014. Retrieved 14 July 2014.
  15. 1 2 3 4 5 "Dr. Ram Sharan Mahat". World Bank. 13 July 2015. Archived from the original on 25 May 2024.
  16. ↑ Dixit, Kanak Mani (19 December 2019). "History and context from Mahat". Nepali Times. Archived from the original on 12 July 2026.
  17. 1 2 Dixit, Kunda (19 August 2005). "Defensive about democracy". Nepali Times. No. 261. Archived from the original on 12 July 2026.
  18. ↑ Current Situation and Future Directions of the Development in Nepal (PDF). www.jica.go.jp (Report). Archived from the original (PDF) on 15 June 2025. Retrieved 15 June 2025.
  19. ↑ Khanal, Dilli Raj (2005). Understanding Reforms in Nepal (PDF). Institute for Policy Research and Development (IPRAD). ISBN 99946-808-1-1. Archived from the original (PDF) on 28 May 2016. Retrieved 15 June 2025.
  20. ↑ Nepal Human Rights News (9 September 2009). "Nepal: Maoist combatants to be brought under the command of special committee". ReliefWeb. Archived from the original on 6 December 2017.
  21. ↑ Annual Report 1993 (PDF) (Report). Asian Institute of Technology. 1993. p. 28.
  22. ↑ Annual Report 1994 (PDF) (Report). Asian Institute of Technology. 1994. p. 24.
  23. ↑ Annual Report 1995 (PDF) (Report). Asian Institute of Technology. 1995. p. 38.
  24. ↑ Mahat, Ram Sharan (2005). In Defence of Democracy: Dynamics and Fault Lines of Nepal's Political Economy. Adroit Publishers. ISBN 9788187392675.
  25. ↑ Mahat, Ram Sharan (2019). Trials Tremors and Hope Political Economy of Contemporary Nepal. Adroit Publishers. p. 242. ISBN 9788187393757.
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