Status of Cooperatives in Bagmati Province

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According to Economic Survey 2078-079, there are a total of 30,879 cooperative organizations in Nepal as of Falgun 2078. In which the number of share members is 73 lakhs 37 thousand 252 and the share capital is 94 billion 12 million. Until this period, 4 trillion 77 billion 99 million savings have been mobilized and 4 trillion 26 billion 31 million loans have been disbursed. As of Falgun end of FY 2077-078, 88 thousand 309 direct jobs have been created in the cooperative sector, while 91 thousand 301 direct jobs have been created by Falgun end of FY 2078-079.

Bagmati Province provides the maximum contribution in the data provided above as it is the province with largest population and trade zones. Spread over 13 districts, including the federal capital of Nepal, Kathmandu, Bagmati is the fifth largest province in terms of geography and the largest in terms of population. According to the
2011 census, the total population of this province  is 55,29,452. This number is 20.87 percent of the
total population of country .
According to the statistics published by the Department of Cooperatives in 2077 BS, there are a
total of 10,418 cooperatives in this state. This number is 34.85 percent of the total number of
cooperatives in the country. The cooperatives in the state have a total of 27,17,469 members
which is 49.14 percent of the population of the state.
Based on the data published by the Government of Nepal, cooperatives across the country have
so far spent Rs. 94,10,50,15,803 with a share capital of Rs. 51,40,64,27,724 i.e. 54.63 percent of
the total share capital has been collected. Similarly, cooperatives across the country have
contributed a total of Rs. 4,77,96,11,46,473 out of which Rs. 2,14,66,22,05,860 i.e. 44.91
percent of the total savings amount has been collected. Out of the total Loan mobilization of Rs.
4,26,26,23,11,381 by the cooperatives across the country, only Bagmati Pradesh has invested
Rs.1,99,86,47,24,434, which is 46.89 percent of the total loan investment. In terms of direct
employment, out of 88,309 jobs created in the country, only 33,892 jobs in Bagmati State alone
or 38.38 percent of the total employment have been created in Bagmati State alone.