KATHMANDU, March 31: As the country is overwhelmed with long lists of anomalies by cooperatives, the government has stepped up efforts to form a second-tier institution (STI) as a powerful entity to regulate the sector.

KATHMANDU, Jan 11: The government has decided to make the Department of Cooperatives (DoC) active to take prompt measures in regular inspection and reporting of the cooperatives at a time when the sector’s regulator is found incapacitated in its regular duty.

KATHMANDU, July 10: The Department of Cooperatives (DoC) has asked the cooperatives to send the details of the individuals and institutions that have taken loans worth over Rs 10 million from the cooperatives concerned.

KATHMANDU, May 1: The Department of Cooperatives (DoC) has started taking stern measures against the operators of cooperatives amid growing complaints of anomalies in this sector.

KATHMANDU, May 27: Cooperatives now have to invest at least 51 percent of their issued credit on production businesses, abiding with the unified directives endorsed by the Department of Cooperatives (DoC) on Thursday.

KATHMANDU, July 12: The Department of Cooperatives (DoC) has issued a deadline for those who have memberships in more than one cooperative organization–with similar nature and located in the same local unit – to relinquish multiple memberships within the next one and a half years.