Nepal is a multilingual country with low adult literacy rate (about 57% in 2008). Through different policy documents and motivation from some of the transnational organizations such as UNESCO, Nepal is on the process of adopting lifelong learning perspective as a major educational policy. In this context the article raises two issues: how to preserve and promote linguistic diversity and how to provide lifelong learning opportunities in such multilingual context. For addressing these issues, the article argues that multilingual lifelong learning policy--in all three modes of learning: formal, non-formal and informal--could be a suitable educational policy for Nepal. (Contains 3 notes.)