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Bagmati Province Troubled Cooperative Committee Office lacks manpower, management slow

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{{TAG_OPEN_div_12} Kathmandu. The committee formed to manage the cooperatives declared problematic by the Bagmati Province government has not been able to gain momentum due to lack of manpower as per the quota.

The provincial government had formed the problematic cooperative management committee in 2080 BS. The committee has approved the position of 24 employees in the office. However, only 12 employees are currently working in the office, according to committee member Rameshwor Dhakal. He also said that even after three years of the establishment of the committee’s office, the post of ‘Chartered Accountant’ managing the financial management has not been filled yet.TAG_OPEN_div_10

TAG_OPEN_div_8 The state government has so far declared five cooperatives as problematic. They are Civil Savings and Credit Cooperative Society Limited, Sundhara, Sumeru Savings and Credit Cooperative Society Limited, Pulchowk, Laligurans Savings and Credit Cooperatives Limited, Nayabazar, Darshan Savings and Credit Cooperatives Limited and National Namo Buddha Savings and Credit Cooperatives Limited.

Savers who had saved less than Rs 1 lakh in the National Namo Buddha Cooperative have already got their money back, the committee said. The money of those who saved less than Rs 50,000 of Sumeru Cooperative has been refunded.

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