Co- Operative Organization in Nepal and Its Importance

Co- operative started in Nepal in 2010 B.S. This note provides you with the information about co- operative organization in Nepal and its importance.

Summary

Co- operative started in Nepal in 2010 B.S. This note provides you with the information about co- operative organization in Nepal and its importance.

Things to Remember

Development of co- operative started in Nepal in 2010 B.S. The cooperative Department was established that year with a view to developing cooperatives through people participation and mobilization.
Different primitive forms of cooperatives such as Dharma Bhakari, prama and Guthi have been known to be since in operation since antiquity.

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Subjective Questions

Q1:

What is an office?

Type: Very_short Difficulty: Easy

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Q2:

Explain the features of an office.

Type: Short Difficulty: Easy

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Answer: The following are the main features of an office: <ol><li>Central part An office is a central part of an organization which manages all the activities of the organization. It makes plans, policies, rules, regulations, implements them and controls the whole activities of the organization. </li> <li>Division of works An office is a job performing place. It has to perform a number of works like drafting letters, filing letters, receiving and sending out letters, handling telephone, handling visitors, maintaining accounts etc. All these works cannot be performed by a single staff. Such works are divided among the staff. Each staff is assigned a particular work according to his qualification, experience and ability to perform the official work in an efficient manner. Hence, the office divides the works among the staff. </li> <li>Division of positions An office has to perform a large number of works. Some works are difficult and some are easier to perform. The office creates different posts and positions for different jobs. It appoints officers at higher level position and assistants at lower level position. The works of officers are more difficult than the works of assistant. The officers have more rights and responsibilities than the assistants. The officers are more trained, qualified and experienced than the officers. Hence, the office makes the division of posts and positions according to the nature of jobs. </li> <li>Management of works An office plans for the works, implements them and controls the whole activities of the organization. Such process is known as management of works. In order to manage the official works, the office has to direct, co-ordinate, communicate and supervise all the activities efficiently for achieving organizational goals.</li> </ol>

Q3:

Define office. Explain its features.

Type: Long Difficulty: Easy

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Answer: The office is the center of an organization. It is the central unit of the organization which carries on different functions for achieving its objectives. It is the focal point of the organization which carries out different functions like planning, organizing, directing, coordinating, controlling and communicating are performed. It can be regarded as the information center, decision-making place as well as public relation center. The following are the main definition of an office: According to J.C Denyer, "Office is a place where clerical operations are carried out." According to George R. Terry, "An office is the place where the control mechanisms for an enterprise are located, where records are initiated for communication, control and efficient operation of the enterprise." From the above definition, it is clear that an office is the central part of an organization which involves in carrying out all the administrative as well as clerical activities in a coordinated and efficient manner for achieving the organizational objectives. <h4>Features of Office</h4> The following are the main features of an office: <ol><li>Central part:An office is a central part of an organization which manages all the activities of the organization. It makes plans, policies, rules, regulations, implements them and controls the whole activities of the organization.</li> <li>Division of works:An office is a job performing place. It has to perform a number of works like drafting letters, filing letters, receiving and sending out letters, handling telephone, handling visitors, maintaining accounts etc. All these woks cannot be performed by a single staff. Such works are divided among the staff. Each staff is assigned a particular work according to his qualification, experience and ability to perform the official work in an efficient manner. Hence, the office divides the works among the staff.</li> <li>Division of positions:An office has to perform a large number of works. Some works are difficult and some are easier to perform. The office creates different posts and positions for different jobs. It appoints officers at higher level position and assistants at lower level position. The works of officers are more difficult than the works of assistant. The officers have more rights and responsibilities than the assistants. The officers are more trained, qualified and experienced than the officers. Hence, the office makes the division of posts and positions according to the nature of jobs.</li> <li>Management of works:An office plans for the works, implements them and controls the whole activities of the organization. Such process is known as management of works. In order to manage the official works, the office has to direct, co-ordinate, communicate and supervise all the activities efficiently for achieving organizational goals.</li> </ol>

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Co- Operative Organization in Nepal and Its Importance

Co- Operative Organization in Nepal

Co- operative started in Nepal in 2010 B.S. The cooperative Department was established that year with a view to developing cooperatives through people participation and mobilization. While this Department was attempting to study the activities carried out in the cooperative sector in different parts of the world, the people of Nepal had to face the devastation of floods in 2011 B.S. The devastating floods that occurred all over the country- in the Terai, the inner Terai and the Hills caused huge destruction of people and property. People were compelled to leave their homes in search of safer places. The newly established Cooperative Department had played a key role to help people face the adversely with courage and patience.

Different primitive forms of cooperatives such as Dharma Bhakari, prama, and Guthi have been known to be since in operation since antiquity. Right at the beginning of planned development in Nepal 2013 B.S. Cooperative loan committees were formed by an executive order to provide the loan to farmers as a part of the multipurpose projects implemented to develop the Rapti Valley. In 2017, the cooperative development fund was set up. In 2016, the cooperative organization act and in 2018 B.S. the cooperative organization regulations were promulgated. In 2018, Sajha Publications, Sajha Travels, Sajha Health Service were formed under the Central Cooperative Sajha Organization.According to the king's Address of Baishakh 1, 2031, which envisioned the implementation of effective cooperative programs throughout the country in the form of a campaign, such programs were started in 27 districts in the Baishakh of that year. After the restoration of democracy, Sajha Organization Act 2041 was dissolved and Cooperative Act 2048 and Cooperative Regulations 2048 were passed by the parliament. These two laws are still in effect.

Importance of Cooperatives in Nepal

Nepal is an agriculture based economy. Most of the people are farmers who live in the rural areas. The income level of the country is very low. They are not getting the basic facilities of life like education, health, finance, housing facilities, electricity, telephone, water supply and other basic goods and services. In such a context, cooperative can be the best economic means to uplift the economic standards of the people of the lower income class living in rural and urban areas.

The followings are the importance of cooperative in Nepal:

They provide financial assistance to the farmers for buying improved seeds, chemical fertilizers and agricultural tools and equipment at a low-interest rate in order to increase agricultural output.
They provide financial assistance to the people of rural areas for poultry farming, bookkeeping, fisheries, horticulture, animal husbandry and promoting cottage and small scale industries.
They provide the facilities of warehousing, transportation, processing, grading, packing, financing, and marketing the products of their members.
They develop a feeling of mutual help, co-operation, democracy, unity, brotherhood and equality which ultimately brings peace and prosperity in the society.
They protect their members from the exploitation of capitalist organizations, money leaders and middlemen which ultimately helps for the betterment of the living standards of people.

Lesson

Business Organization

Subject

Accountancy

Grade

Grade 9

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