POLITICAL AFFAIRS BUSINESS & ECONOMY SOCIAL AFFAIRS LIFESTYLE SPORTS OPINION INTERVIEW INTERNATIONAL THE WEEK
JUST IN
1.
Closed restaurants resuming operations on Wednesday
2.
Congratulations Deepak Bista
3.
'Benefits' of being Brahmin
4.
Nepali communists & NGOs
5.
US offers NA support worth $7.7 million
6.
Police enter semifinal
7.
Gold price down Rs 510 per 10 gram in a single day
8.
Four murder accused nabbed
9.
Japanese aid for food
10.
Bird flu scares temples
FILED PAST 24 HOURS
PRINT EDITION
My Republica e-Paper.
MARKET
  Jobs
  Forex
  Stocks
  Cinema
 
Cartoon
Phalano by Rajesh KC
Cartoon Archive »  

ARCHIVES
  Daily News
  Photo Gallery
  CPN UML 8th Convention
  Govt Policies & Programs
  Budget 2009/10 Speech
Wednesday WEATHER
KATHMANDU
Sunny
Low 4oC
High 19oC
Sunrise 6:45 am
Sunset 5:50 pm
 
 
 
 
  Only half of consumer co-ops opened  
 

REPUBLICA

KATHMANDU, Sept 22: Though the government has already released subsidy that it has promised, only half of the consumer cooperative shops have opened so far, officials said.


Bishnu Prasad Ghimire, an officer at the Department of Cooperatives, said only about 1,500 of 3,219 such cooperatives, which have received government subsidy of Rs 100,000 each, have been functioning.

“Despite the timely release of budget, many cooperatives are yet to open due to the lack of reliable road in some places, delay in getting dealership for some commodities and monsoon,” said Ghimire, who just returned to the capital after monitoring local consumers cooperatives in half a dozen districts run under the government subsidy.

Of the allocated Rs 400 million, the government has already dispatched Rs 321.9 million to local community institution in different districts to open consumer cooperatives. Through the budget for fiscal year 2008/09, the government had introduced the program of opening at least only consumer outlet in each VDC and each for the population of 30,000.

The government has also announced to continue the subsidy for such cooperatives in this fiscal year on the basis of their performance.

“We have completed monitoring cooperatives outlets in more than 45 districts. We won´t release budget this year without assessing their performance,” Ghimire said.

Meanwhile, the Ministry of Agriculture and Cooperatives (MoAC) has begun monitoring the performance of consumer cooperatives and study the supply of essential commodities in the eve of Dashain, Tihar and Chhath festivals. Dr Hari Dahal, spokesperson at the ministry, said two teams, comprising ministry officials and officials of Department of Cooperatives, would be regularly mobilized for the next couples of days.

According to Ghimire, who also monitored consumer cooperatives opened in the capital, said, only 76 cooperatives - 27 in Kathmandu, 32 in Lalitpur and 17 in Bhaktapur - were running at present. He also said most of the cooperatives had complained that the government had not supplied essential commodities, including rice, sugar, pulse and edible oil, to them.

 
Published on 2009-09-22 22:30:47
# # Share [Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google] [StumbleUpon]

 

PLEASE DESIST FROM ATTACKING THE WRITER PERSONALLY AND BE RESPECTFUL TO OTHER READERS.

Please give your full name while posting your comments. This is not to stifle the free flow of comments but your full name will enable us to print the comments in our newspaper.

 

Only Half Of Consumer Co-ops Opened
Comment on this news #
Name
Email
Comments
   
243
 
   
 
 
Related News
More on Business & Economy

About us | Contact us | Advertise with us | Career | Terms of use | Privacy policy
 
Copyright © Nepal Republic Media Pvt. Ltd. 2008-09.
Nepal, NepalNews, Republica, myrepublica, everest, kathmandu, katmandu, news of nepal, girija prasad koirala, prachanda, maoist, tibet, pokhara, himalaya, mountain