Evolution of Cooperatives Through Development Plans and Resource Mobilization in Nepal

Government of Nepal has recognized the cooperative sectors as one of the three pillars of the economy, cognizant of their power and evolving prospects to contribute to poverty alleviation, service delivery, gender equality, financial strength and good governance. Across the world today, cooperatives are increasing enormously which seen as key players at the grassroots level, effectively organizing farmers and small businesses, providing much needed financial support and empowering the poor people by creating jobs as well income generating activities. This paper tries to evaluate the cooperative development of Nepal through the development plans and resource mobilization of cooperatives in Nepal. The policy and provisions of cooperatives in development plans has been evaluated through the analytical techniques and mobilization of resources has been examined by using the simple statistical tools. The basic objective of the study is to evaluate cooperative policy and provisions in development plans periods and examine the resources mobilization of cooperatives. There has been significant progress in cooperative development in Nepal. The cooperative sector should play the effective role one of the important pillars of Nepalese economy.