Role of Co-Operatives For Socio-Economic development in Nepal: A Study Of Bhabishyanirman Sana Kisankrishishakarisastha ltd.Dashainakali Municipality, Kathmandu

Abstract

Co-operative is an autonomous association of person united voluntarily to meet theircommon economic, social and cultural needs and aspirations through a jointly owned anddemocratically controlled enterprise.Co-operative, is an economic enterprises and as selforganization which is functioning on its own way and making supportive role in the ruraldevelopment and economic development of Nepal. Nepal is the one of the leastdeveloped country in the world. It isextremely necessary that the poverty and underdevelopment of the nation should be attacked from all possible direction. Co-operativemovement is one such a measure to improve the economic condition and lower the blowsof poverty and under development tothe country and its people or members. Moreover,the co-operative organizations of Nepal are working in rural areas to uplift the economiccondition of poor people by accepting their small saving and providingloan at reasonablerate of interest for investing in productive and skill oriented sector. The thesis entitledROLE OF CO-OPERATIVES FOR SOCIO-ECONOMIC DEVELOPMENT INNEPAL:A Study of BhabishyaNirman Sana KisanKrishiShakariSastha Ltd.Dashainakali Municipality, KathmanduGeneral objective of the study is to find therole of co-operatives for socio-economic development in Nepal. The objective of thestudy is study of the socio-economic status of the people who are related toNabaBikashSaving and Credit Co-operative Society Limited. After the restoration of democracy (2046) the most developed concept for socialempowerment is 'co-operative' so have are innumerable co-operatives in our country. Inthis study the saving and credit mobilization for socio-economic developing process ofNBSCCL is studied. All the co-operatives of Nepal are taken as population and NBSCCLis taken as samples for the study. 70 respondents were taken who were the members ofBhabishyaNirman Sana KisanKrishiShakariSasthaLimited through accidental, randomsampling method. Based on their information, analysis of data was conducted. Questionswere asked to the respondents who were the current member of theBhabishyaNirmanSana KisanKrishiShakariSasthaSaving and Credit Co-operative Society Limited. In thecourse of study it was found that the Co-operatives have the responsibility ofproviding financial as well as technical assistance to the poor people for generating 6 income so co-operatives is taken as a device to fill the pit between haves and havenot.The study also showed that financial activities. Sampled co-operative was able tomeet the financial function especially basic saving and credit services. The activities ofBhabishyaNirman Sana KisanKrishiShakariSasthaLimited were found effective memberswere empowered for increasing the life standard by financial activities ofBhabishyaNirman Sana KisanKrishiShakariSasthaLimited at individual and householdlevels. More members were satisfied to the financial function ofBhabishyaNirman SanaKisanKrishiShakariSasthaLimited. The sampled co-operative used to give different kindof training also to its members for different sectors. This study mainly focused for thepositive change of socio-economic status of the people through the financial activities ofsavingand credit co-operatives which help to generate incoming source.