‘Cooperatives should invest in productive sectors’


Minister for Labour, Employment and Social Security Krishna Kumar Shrestha has said that the cooperatives should invest in the productive sector.

Addressing the 11st annual general assembly of Sunaulo Agriculture Cooperatives in Damauli on Saturday, Minister Shrestha said that the cooperatives should be run, abiding by the principles of cooperatives.

On the occasion, he said that fiscal discipline in cooperatives was needed and the cooperatives should contribute to enhance productivity by investing in the productive sector.

Likewise, Minister Shrestha said that a prosperous nation could be made through the cooperation of government, cooperative and private sector.

“Now, the way should be socialism-oriented. Economic activities should be expanded to achieve socialism,” according to Minister Shrestha.


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