Minister: Village Cooperative Program Realizes Soemitro Djojohadikusumo's Economic Vision
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Indonesia's Cooperatives and SMEs Minister Ferry Juliantono highlighted the strategic program Koperasi Desa/Kelurahan Merah Putih (KDKMP) as a realization of economist Prof. Soemitro Djojohadikusumo's ideas on a cooperative economy.
- The KDKMP program, initiated by President Prabowo Subianto, aims to revive national economic direction based on the constitution and develop local potential beyond just distributing subsidized goods.
- The ministry acknowledges challenges in implementing the modern cooperative model but is committed to intensive socialization and support to ensure the program benefits the community.
Indonesian Minister of Cooperatives and SMEs, Ferry Juliantono, has lauded President Prabowo Subianto's Koperasi Desa/Kelurahan Merah Putih (KDKMP) program as a tangible manifestation of the economic principles espoused by the late Prof. Soemitro Djojohadikusumo. The program seeks to embed an economy rooted in togetherness and mutual cooperation, aligning with the nation's constitutional mandate.
Ferry emphasized that Soemitro, a significant figure in Indonesia's cooperative movement and a founder of Induk Koperasi Pegawai Republik Indonesia (IKPRI), laid foundational policies for evidence-based economic strategies. The KDKMP initiative is presented as a technocratic implementation of these ideas, designed to steer the national economy back toward constitutional principles outlined in Article 33 of the 1945 Constitution.
President Prabowo is transforming thought into a technocratic program that must be implemented in detail and technically through KDKMP.
Beyond its role in distributing subsidized goods, the KDKMP is envisioned as a catalyst for local economic development. It aims to foster growth in sectors such as tourism, handicrafts, and the creative economy, transforming village cooperatives into vibrant hubs for the people's economy. The Ministry of Cooperatives is dedicated to ensuring the program's successful execution.
Acknowledging the hurdles ahead, Ferry noted the public's enthusiasm tempered by hesitation towards modern cooperative models. The government is committed to intensive socialization and guidance to overcome these challenges. "Every transformation and every change has its consequences," Ferry stated, appealing for public support to ensure the KDKMP operates effectively and maximizes its benefits for the community.
Every transformation and every change has its consequences. We ask for prayers and support so that KDKMP can operate well and provide the greatest benefit to the community.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.