Inaugurating the newly-constructed building of National Cooperative Association Limited, Lalitpur at Pulchowk Tuesday, President Dr Yadav expressed grief for some cooperatives failure to return saving amount to the general public while acting against the principle, norms and values of the cooperatives of late despite its important role in general.
President Dr Yadav added, "The wrongdoings by cooperatives, if any, should be immediately brought into legal investigation to spell out truth and legal action should be taken accordingly. The cooperatives should move ahead adhering to the existing laws to make this sector more dignified and managed".
On the occasion, Finance Minister Dr Ram Sharan Mahat appreciated the cooperatives crucial role for sustainable economic development of the country and expressed readiness on part of government to provide necessary cooperation to motivate the expansion of cooperative sector.
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