Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 391 Sun. July 03, 2005  
   
Business


Govt urged to put emphasis on co-operatives in PRSP


Speakers at a roundtable yesterday urged the government to give emphasis on co-operatives in the PRSP to cut poverty.

They said at least 3.5 crore people are involved in co-operative activities directly or indirectly across the country but unfortunately the importance of co-operatives is ignored in the poverty reduction strategy paper, which aims to cut poverty by 2015.

They also urged the government to strengthen the Co-operatives Bank.

They were speaking at a discussion in Dhaka to mark the 83rd International Co-operative Day.

LGRD and Co-operatives Minister Abdul Mannan Bhuiyan formally inaugurated the roundtable. State Minister for LGRD & Co-operatives Ziaul Haq Zia was present as special guest.

Co-operative initiatives need government support to spur economic development, said Abdul Mannan, chairman of Federation of National Rural Development and Co-operative.

He said the PRSP will fail to achieve target if co-operative is ignored.

Hedayetul Islam Chowdhury, secretary of Rural Development and Co-operative Division, was also present.