Kathmandu. So far, about 11,000 savers of various cooperatives have received back Rs 710 million. <\/p>\n
The Office of the Troubled Cooperative Management Committee has released the latest work progress and action plan of the committee and informed that so far Rs 710 million has been returned to about 11,000 savers. This includes cash back of Rs 21 crore and savings of Rs 50 crore. <\/p>\n
The last working committee of this office was formed on April 9. As of today, the number of working days has reached 91 days and 67 working days after the new working committee started its work. <\/p>\n
According to the office, the savings amount of all the cooperatives (except about 1,500 savers of Shivashikhar Multipurpose Cooperative) has been returned in the case of savers with savings of Rs 500,000 or less (except about 1,500 savers of Shivashikhar Multipurpose Cooperative) in the case of savers who have savings of Rs 500,000 or less. <\/p>\n
Similarly, the office has started returning Rs 25,000 each on the basis of the applications received on a quarterly basis with the intention of providing some relief to the senior citizens, single women and those suffering from specified deadly diseases. A total of Rs 12 lakh was returned to 48 people on the first day. <\/p>\n
According to the office, a total of Rs 22.83 crore has been deposited from the borrowers on the basis of the policy of depositing 10 percent and 20 percent cash while adjusting the savings. <\/p>\n