"Industrialistion impossible without capitalism," Buddhadeb

Kolkata, Jan 3 (UNI) West Bengal Chief Minister Buddhadeb Bhattacharjee today asserted that industrialisation was not possible sans capitalism.

Speaking on the occasion of the 42nd foundation day celebration of the CPI(M) mouthpiece '' Ganashakti'', Mr Bhattacharjee said, '' The government cannot set up industry without capital anywhere in the world, and in our country and particularly in this state, we are very much aware that without capitalism, industrialisation cannot be possible. We have no option but to cash in on this opportunity. '' He said, '' We have to learn from China and Vietnam for their success in industrialisation, but simultaneously we have to investigate also what the fallout will be in future. We are also trying to look into how capitalism is entering the economic field. '' The Chief Minister said, '' We have to zero in on agriculture and land reforms sectors. Works in land reforms and agriculture sectors are still on in the state. We have to move forward in both agriculture and land reforms sectors.'' Only agriculture-based industrialisation could not generate employment, he said adding, '' Our government's main objective is to achieve continuous success in both sector s. '' He said, '' It is not possible to move forward only by depending on agriculture and the farmers' families could not withstand the pressure of agriculture, and so we have to divert a section from agriculture. '' Mr Bhattacharjee said agriculture did not catch up with the new generation and the latter preferred industrialisation.

'' Our stand is clear and we have no alternative but to move forward on the line that we have taken. We are facing pressure from the investors for setting up industry in the state but it is our duty to identify the status of the land, its recent valuation and the alternative packages offered for providing land. We have to also provide them with rehabilitation besides education and healthcare, '' he said.

'' Our target is to also involve the economically weaker sections into the government's planning programmes, '' he said.

CPI(M) state secretary Biman Bose alleged that some media houses were trying to divide the Front unity.

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