Mahesh Basnet (Nepali: महेश बस्नेत) is a Nepalese Communist politician. He served as Minister of Industry under the prime minister Sushil Koirala. He served as Chief of Youth Force Nepal on 2008 and is serving as Chairman of Youth Association Nepal since 2009. He contested in the 2013 Nepalese Constituent Assembly election from Bhaktapur district constituency number 2. While serving as Minister of Industry, Basnet waived off the loans provided to industrialists affected by earthquake.