NEW DELHI, April 18 (UPI) -- Fears of frosty India-Nepal ties following the electoral victory of Maoists may have been dispelled with the Indian government acknowledging the emergence of the communist-led democratic government in Nepal and pledging to work with the former rebels, experts say.

"The apprehension of historic relations between India and Nepal witnessing a down slide after the landmark victory of Communist Party of Nepal (Maoist) in Nepal has been allayed, as the government of India has now corrected its position on Nepal and sought to cooperate with Maoists," said Sitaram Yechuri, a member of the politburo of the Communist Party of India (Marxist), who is known to be close to Nepalese Maoist leader Prachanda.

Yechuri said Maoists in Nepal have set an example for their counterparts in India and stuck to the path of democracy to ride to power. India's own Maoists are battling the government in more than a half-dozen states, fighting to replace the state with a Maoist-style government.

"The Maoists in Nepal have given up arms and participated in the elections, which is a good sign not only for India but also for whole South Asian subcontinent," Yechuri said.

As results are still pouring in, the CPN (Maoists) is surging ahead in the elections held in Nepal to elect a Constituent Assembly, clearly indicating an end to the 240-year-old monarchy. The ruling seven-party alliance headed by the Nepalese Congress and its allies has virtually been routed. India, one of Nepal's two giant neighbors -- the other being China -- was expecting a coalition government with the Maoists with Nepalese Congress at the helm. Traditionally, India has backed the Congress.