Government Invites Applications for National Cooperative Regulation Authority Positions

Kathmandu. The government has invited applications for the posts of Chairman and Expert Member of the National Cooperative Regulation Authority. Applications have been invited from interested Nepali citizens in accordance with the 'Cooperative Act 2074' and the 'Criteria for Recommendation for the Post of Chairman and Expert Member of the Authority 2083'.

According to the Ministry of Land Management, Cooperatives and Poverty Alleviation, candidates for the post of Chairman must have at least a Master's degree in Economics, Commerce, Management, Accounting, Law, or Cooperatives. Similarly, the qualification requires having worked in a gazetted special class or equivalent post of the Nepal Government or having at least 15 years of work experience in an international or national level bank, financial institution, or cooperative institution.

Likewise, for the post of Expert Member, at least a Master's degree in Economics, Commerce, Management, Accounting, Law, or Cooperatives is required. Furthermore, at least 10 years of work experience in an international or national level bank, financial institution, or cooperative institution is demanded.

According to the notice, those who meet the qualifications and are below 60 years of age can apply for the said posts. While submitting their applications, they will also have to present a work plan including the existing problems, challenges, and opportunities in the financial cooperative sector. Applications can be submitted within 15 days of the notice issuance at the office of the National Cooperative Regulation Authority located at Pulchowk, Lalitpur.

Earlier, the Problematic Cooperative Management Committee had published the names of major debtors of problematic cooperatives.

According to the committee, the names of major debtors of 10 cooperatives declared problematic today have been published. The committee, through a notice, has asked the concerned debtors to contact the committee's office as soon as possible and clear their debts. Otherwise, recovery will be made as per the law.