Tuesday, April 11, 2023

Cooperative must be protected from ills of capitalism: PM Prachanda

Kathmandu, Apr. 5

Prime Minister and Chairman of CPN (Maoist Centre) Pushpa Kamal Dahal ‘Prachanda’ has said that the cooperative movement should be protected from the effects of capitalism.

Speaking at the national gathering of cooperative workers organised by the CPN (Maoist Centre) Land Management, Cooperative and Poverty Alleviation Department on Wednesday morning, the Prime Minister said that the cooperative movement should be developed as a means of building the foundation of socialism, instead.

"While making a new constitution from the Constituent Assembly, we had a long, serious, multilateral and multifaceted discussion about the country's politics, economy, and governance system. Based on that discussion, it is said that the future state will be socialism-oriented," said PM Prachanda, while adding that the cooperative movement is an important foundation of a socialist state. "So, we have to prevent it from being gripped by capitalism," he maintained.

The Constitution of Nepal has a provision that the country's economy would be built with the policy of three pillars - public, private and cooperative.

According to PM Prachanda, this is an achievement made through great struggle and sacrifice. As directed by the constitution, the cooperative sector has an immense role to play in preparing the basis of socialism.

He also said that the provision of the fundamental rights in the constitution is also concerned with the creation of the foundation of socialism.

Stating that some forces are working to reverse the agenda of change, and creating obstacles in the construction of the foundation of socialism, the Prime Minister said that the foundation of socialism cannot be built without linking the cooperative movement with production. For that, the creation, operation and marketing of agriculture-based production cooperatives is necessary, he said.

"The main basis of self-reliant economy in Nepal is the agricultural sector. It is necessary for the state to channelise its investment keeping this in mind. Even in the case of industry, other than agriculture-based industry is not a long-term solution. Import substitution and self-sustaining economy can be ensured only through cooperative agriculture," said PM Prachanda.

The Prime Minister also said that he was leading the government in a difficult time but he has the determination to do something for the country in the face of challenges. "I call it a challenging opportunity," he said.

He informed that his government would come into its full shape within a couple of days, and its main focus would be the policies, programmes and budget. He also said that the traditional model of policies, programmes and budget could not address the challenges seen in the economy.

Taking into account the character of the power equation in the government, we will do something novel, he said. 

Published in The Rising Nepal daily on 6 April 2023.  

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