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Home Bangladesh

Multipurpose cooperatives can eradicate poverty fully: Sheikh Hasina

November 7, 2020
in Bangladesh
Reading Time: 1 min read
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Multipurpose cooperatives can eradicate poverty fully: Sheikh Hasina
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Aiming to enable cooperators meet their common economic and social needs and aspirations through jointly-owned enterprises, Prime Minister Sheikh Hasina today stressed the need for formation of multipurpose cooperative societies to rid the country of poverty completely.

With a strong faith in the cooperative movement that has immense potential to deliver goods and services in areas where the administration and private sector scarcely reach, the government advocates for forming multipurpose cooperative societies to protect the weaker sections of society.

“No poverty will remain in Bangladesh if we can form multipurpose cooperative societies. Poverty will be stamped out completely. We have to do it,” she said.

She was virtually inaugurating the 49th National Cooperative Day-2020 and awarding the recipients of the National Cooperative Award-2019 from her Ganabhaban residence here.

The premier urged the people involved in the cooperative movement to play a major role to help the government making Bangladesh a developed country free from hunger and poverty.

She expressed satisfaction over increasing numbers of cooperative societies and their members, but advocated for more participation of women in the cooperative movement.❐

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