समस्याग्रस्त सहकारीका साना बचतकर्तालाई रकम फिर्ता सुरु, पहिलो दिन ३७८ जनाले पाए बचतGovernment Begins Refund Process for Small Depositors of Troubled Cooperatives

Cooperative Management Committee has started returning savings to small depositors affected by troubled cooperative institutions. According to the committee, a total of 378 small depositors received refunds on Monday, the first day of the distribution process, with payments totaling more than Rs. 1.39 million.

The government has prioritized depositors with savings below Rs. 10,000 in the initial phase of the refund process. Among those receiving payments were 215 depositors from Kantipur Cooperative, 156 from Shiva Shikhar Multipurpose Cooperative, and seven from Pashupati Cooperative.

Authorities estimate that around Rs. 46 billion belonging to nearly 76,000 depositors remains trapped in problematic cooperatives across the country. Most of the affected individuals are small depositors. The committee has classified depositors with savings of up to Rs. 500,000 as small depositors, while those with larger amounts fall under the large depositor category.

The government has also intensified efforts to recover loans from borrowers linked to troubled cooperatives in order to speed up the refund process. Officials said more than Rs. 20 million has already been recovered from borrowers, and the plan is to continue collecting dues from large debtors and gradually return funds to affected savers.