Socialism cannot be introduced by nurturing broker capitalism: Madhav Nepal

KATHMANDU, July 23: Chairman of CPN (Unified Socialist) Madhav Kumar Nepal has said that socialism cannot be introduced in the country by nurturing broker capitalism.

Addressing the 44th commemoration day of the Founding General Secretary of Communist Party Nepal Pushpa Lal Shrestha on Saturday, Chairman Nepal said that it is not possible to promote the economy of the country by nurturing and encouraging broker capital.

Related story

SEBON grants broker license to 11 more companies

Also a former Prime Minister, Nepal said that distortions, inconsistencies and individualistic trends are seen in Nepalese politics and that it is necessary to eliminate them to move forward in the path of progress. He said that there is a need to be aware of corrupt trends in Nepal's politics.

Chairman Nepal also said that he decided to open a new party inspired by Pushpa Lal Shrestha. He mentioned that he has set new records in history and his party has created a separate identity in the country. He mentioned that the politics of the party will be limited only for the country and the people.