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Home Prime News

NEFSCUN issues 19-point guideline

CEO TAB by CEO TAB
April 24, 2020
in Prime News
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NEFSCUN issues 19-point guideline
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April 24 : The Nepal Federation of Savings and Credit Cooperative Unions Ltd (NEFSCUN) has issued a 19-point guideline to the cooperative institutions for ensuring good governance and efficient management during the ongoing national lockdown period.

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NEFSCUN Chair Paritosh Poudyal said the very guideline have been issued not to cut down the existing number of posts by analysing the capacity of the institutions, the phases of the COVID-19 pandemic and the timeline of the lockdown. The national apex organisation of savings and credit cooperatives and their district unions has made it clear through the guidelines that the pandemic period was not a holiday and all savings and credit cooperative institutions and societies have to function as per the institutional decision.

They are also required to prepare management plan for mobilising their personnel during the period of COVID-19 pandemic in order to continue providing their services in coordination with the local administration.

“The plans have to be decided through the Risk Management Taskforce at the policy level,” states the guideline adding that that the human resources working in the adverse situation should be provided with appropriate personal protective equipment, including sanitisers, masks and glasses.

Te savings and credit cooperatives should also make minimum arrangements like additional insurance, motivation allowance, transportation vehicles, travel permits and the required communications expenses to the employees assigned to work during the lockdown period, according to the guideline.

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