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Home Prime News

Govt. to review laws to address cooperatives’ problem

CEO Tab by CEO Tab
April 26, 2024
in Prime News
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Government introduces new provisions for land lease hold

This image shows the Ministry of Land Management, Cooperatives and Poverty Alleviation in Singha Durbar, Kathmandu.

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The government is going to review the legal system to address the problems seen in the financial cooperatives’.

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The government will also assist in the process of addressing the concerns of the depositors of the financial cooperatives. Minister of Communications and Information Technology and Government Spokesperson and Rekha Sharma shared that the cabinet meeting held today at the Office of the Prime Minister and the Council of Ministers took a decision regarding this.

The meeting also decided to appoint Sudarshan Dev Bhatt, judge of Patan High Court, as the chairperson of the appeals committee while also overseeing work at the same court. Similarly, the government has instructed the relevant agencies to take serious action to reduce the damage caused by incidents of fires and wildfires taking place in various places across the country, and bring the fire under control.

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