Rabi Lamichhane, who quit journalism to join politics, has formed a new party named Rastriya Swatantra Party.
He made the announcement organizing a program at the Rastriya Sabhagriha Tuesday afternoon.
He stated that he held discussion with the existing parties but opted to open a new party as he could not join any of them.
He has already quit journalism and has said that he will contest in the next general election from Kathmandu district.