Major Political Parties Detail Plans for Cooperative Sector Reform and Depositor Repayment in Election Manifestos
Summary
Major political parties in Nepal, including the Rastriya Swatantra Party, Nepali Congress, and CPN-UML, have detailed plans in their election manifestos to reform the cooperative sector and return misappropriated depositor funds.
Key Points
- The Rastriya Swatantra Party pledges to return funds to small depositors within 100 days of forming the government.
- The Nepali Congress commits to fully implementing parliamentary investigations on cooperative fraud and establishing strong regulations.
- The CPN-UML promises a quick, transparent, and accountable return of depositor money through a Savings Return Guarantee Fund.
- Major parties seek to regulate cooperatives with digital systems, good governance, and legal enforcement to resolve fraud and misappropriation issues.
