Cooperatives bill to be passed soon: CM Raut

Local News

Janakpurdham, January 11: Chief Minister in Province-2 Lalbabu Raut has expressed his belief that the cooperatives bill which is under consideration would be passed by the pro0vince assembly soon. CM Raut said it while inaugurating the 18th annual general meeting of Rastriya Cooperatives Bank Ltd here on Monday.

 Discussions are underway to pass the bill on cooperatives, he said, expressing worry over the delay. He further pledged to incorporate the suggestions by the cooperative experts in the bill.

 Similarly, the CM said the province government would cooperate with the cooperatives for their development. How the cooperatives could be made strong is the commitment of province government, Raut reiterated.

 He also acknowledged the role the cooperatives played to country’s economy and elevation of people’s livelihood. CM Raut reminded that the constitution has regarded the cooperatives as one of the three pillars of national economy.

 On the occasion, Province Assembly member and cooperatives activist Shivachandra Chaudhari viewed the province government needs to bring necessary plans and laws to strengthen cooperatives.

 Similarly, Chairperson of Janakpurdham Chamber of Commerce and Industry, Jitendra Mahaseth, pointed out the need for cooperatives and cooperative banks to issue small loans to address liquidity.

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