KATHMANDU: The CPN-UML leader Surendra Pandey on Wednesday said the government must introduce a cooperative policy for management of the cooperatives at the earliest.

Speaking at the 19th Annual General Assembly of Biswash Multipurpose Cooperative Limited in the Capital today, Pandey warned that formulation of policies by excluding the opinions of the experts would result in introduction of weak policies.

He further stressed on the fact that the cooperatives must seek alternate avenues of investment to avoid risking people's money.

Stating that the cooperatives have had huge impact on nation's economy, Pandey argued that the people must become entrepreneurs and businessmen for the country's economic growth.