Kathmandu, Mar. 7: Samajwadi Party Nepal (SPN) chair and former Prime Minster Dr Baburam Bhattarai has stressed on economic revolution as pressing necessity of the country.
In his address to the first declaration assembly of Nepal Federation of Commerce, Industry and Enterprises here today, he noted reaching financial capital to the access of small and medium scale entrepreneurs would enable environment for country's development.
"Socialism would not take place without developing capitalism. It is imperative to spur investment in productive sectors so as to develop society", he added.
The incumbent government is moving on a snail pace, he said, accusing the government of wasting its first two years ignoring economic development,
SPN co-cahir Rajendra Shrestha called for best utilizing the natural resources for the development the country as it has high potentials to that end.
"His party was mainly focused on building corruption-free and well-governed country", Shrestha added.
Federation chair Kamala Gurung said the government should create an environment to provide employment to youths in the country.
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