Thursday, March 31, 2016

Expansion of cooperatives' investment for country's economic development stressed

Butwal, March 31: Various stakeholders have placed emphasis on the expansion of cooperatives' investment for the economic development of the country.

They noted that the cooperatives need to identify the areas for investment and broaden its scope of work so that the sector would substantially contribute to the economic advancement of the country.

Presenting a working paper at a programme organized by the Division Cooperative Office Rupandehi and Savings and Credit Cooperative Organizations Rupandehi on Wednesday, Chief of Division Cooperative Office Rupandehi Netra Prasad Ghimire stressed that the integrated and organized development of cooperative is the need of the hour.

Underlining that all should comply with the laws concerning cooperative organization, he said the cooperative is the area which can contribute to reduce poverty level and generate employment opportunities.

On the occasion, journalist Bharat Bhusal also presented a working paper on the problems and challenges of cooperative sector. RSS