The oath of office and secrecy was administered by President Bidya Devi Bhandari to 65-year-old Oli and two other ministers who are both from the CPN-UML, at a function held at President’s Office, Shital Niwas, in Maharajgunj.
Oli in October 2017 engineered a surprise left alliance that brought him an election victory, as per reports.
The CPN-UML secured 121 seats in the 275-member Parliament to become the largest party. The Nepali Congress has 63 seats while the CPN-Maoist Centre secured 53 seats, as per media reports.
Prime Minister Narendra Modi too congratulated K P Sharma Oli on being sworn in as Nepal’s prime minister, officials said here.