KATHMANDU: CPN Revolutionary Maoist Chair Mohan Baidya has insisted on the need of a new revolution under the leadership of working class people stating that such revolution is possible as well.

Issuing a press statement on the occasion of the centenary of the 1917 October Revolution today, Baidya has urged labors to seriously move on towards the path for a new revolution for their rights.

"Principles of the October Revolution are ever relevant and universal as stated by Karl Marx in the Paris Commune and the principles of such revolutions will be practiced frequently until the liberation of the world working class and oppressed community," Baidya said in the statement.

"Current defeat of the Communism is temporary and brief and the imperialism is getting trapped," he claimed in the statement.