Kathmandu. The savers of the troubled cooperatives have started getting their money back. The government has started returning the money to small savers of Kantipur Cooperative, Shiva Shikhar Multipurpose Cooperative and Pashupati Cooperative.
According to the Troubled Cooperative Management Committee, the money was returned to 378 small savers of these three cooperatives on the first day.
Of them, 215 savers of Kantipur Cooperative, 156 of Shiva Shikhar Multipurpose Cooperatives and 7 of Pashupati Cooperatives have received their money back.According to the committee, the money will be returned on the basis of classification of savers respectively.
According to the committee, about 76 000 savers of the problematic cooperatives have to return the savings of Rs 46 billion.According to the committee, those with less than 5 lakh savings are classified as small savers. Similarly, those with more than Rs 5 lakh have been categorized as large savers. The number of savers who save more than 5 lakhs is 18,000 .
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