Bangladesh President Mirza Fakhrul Islam Alamgir has called for sweeping reforms in cooperative laws and governance to revive the country’s declining cooperative movement and make it competitive with NGOs and other institutions, local media outlets say.
Addressing the 55th National Cooperative Day celebrations in Dhaka on November 8, he identified corruption and weak governance as major reasons behind the sector’s decline. Recalling the contribution of late President Ziaur Rahman, he stressed the need to restore cooperatives’ historical strength.
Citing India’s Amul as a successful model, he urged Bangladesh to expand Milk Vita’s product range, improve marketing and explore international markets. He also suggested establishing cooperative-based companies to promote products and strengthen the movement’s economic contribution.
