The government has claimed that the ordinance was introduced with the aim of returning the money of small savers of cooperatives.
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President Ram Chandra Poudel has issued the Cooperatives (First Amendment) Ordinance, 2083.
President Poudel issued the ordinance on Thursday on the recommendation of the Council of Ministers in accordance with Article 114, Clause (1) of the Constitution of Nepal, informed the spokesperson of the President's Office, Ritesh Kumar Shakya.
The government has claimed that the ordinance was brought with the objective of returning the money of small savers of cooperatives.
