Foreign capital should be utilized for national interest: Chairman Prachanda

Kathmandu, December 2 : Chairman of Nepal Communist Party (NCP) Chairman Pushpa Kamal Dahal ‘Prachanda’ has said that foreign capital should be used for the national interest by prioritizing the development of national capital.
Releasing the book ‘Nepal’s Political-Economy: Possibilities and Challenges’ authored by NCP central committee member Bamdev Chhetri in the capital city on December 1, the NCP Chairman said that attention should be paid for national capital development by making the government’s actions people-centric.
The former PM questioned whether or not our development policies, budget and programmes are directed to creating national capital and raised questioned if our activities are serving the development of comprador capitalists while trying to development national capital as the foundation of socialism.
On the occasion, Prachanda said that time has come for doing studies on overall dimension of socialism oriented politics, economy, culture and development.
“Today’s socialism is the most matured socialism. It is needed to widen the ground of socialism at a time when a very conservative notion has prevailed within the communist movement,” he added.
Recalling that people have struggled in different stages in need of better future, Prachanda said that the political leadership has failed while in power though the political leadership was strong on the street agitation.
Likewise, General Secretary of NCP Bishnu Poudel said that the NCP was determined for country’s social and economic transformation to change the social status quo.
Commenting on the book, Prof Dr Shivalal Bhusal, Prof Dr Surya Thapa and others praised the book for offering new insights on country’s economy and roadmap of prosperity.
During the programme, writer Chhetri said that the book has attempted to generate new debate for developing new socialism amid the dialectic of individual and community; individual and privatization; state mechanism and market; service and profit. RSS