Boosting Cooperative Sector
By The Rising Nepal
18 Jan, 2022
Today, cooperatives are considered one of the three pillars of the national economy of Nepal, a fact recognised by the Constitution of Nepal, 2015. The contribution of the cooperative sector to the nation’s Gross Domestic Product (GDP) is three per cent. Its contribution to the financial sector stands at 20 per cent. There are around 35,000 cooperatives throughout the country with employment opportunities given to around 70,000 people. The number of cooperative members is around 6.5 million, including...