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The government is being strict in recovering the loans of cooperatives, the amount of 1400 savers of Shiva Shikhar has been returned from the collection!

Artha Sarokar

Kathmandu. The money of the savers of the troubled Shiva Shikhar Cooperative has been refunded. The problematic cooperative management committee has said that it has returned the money to the small savers of the cooperative. 

According to the committee, the savings have been returned to 56 more cooperatives.According to the committee, the money has been returned to about 1400 savers of Shiva Shikhar Cooperative. 

In the first phase of the repayment of savings, the money has been returned to the savers with a small amount of savings, according to the committee.According to the committee, the amount will be returned by classifying it on the basis of the amount of the savers. 

Since then, the government has clarified that the amount received from the loan recovery of the troubled cooperatives has been returned to the affected savers.

Debts from Troubled Co-operatives and Refund of Savings to the Saviors of the Cooperative are being operated continuously in accordance with the prevailing legal provisions.

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