INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
This study reveals some popular scams committed by cooperatives in Nepal. These scams had caused significant economic losses creating several kinds of difficulties for depositors whose money is stolen. Majority of these cooperatives were found investing in luxuries and real estate without any prior consent of depositors that ultimately gives birth to frauds and scams when their illegal investments does not give any return. Therefore, in order to promote sustainable growth and reduce the frauds of cooperatives government should regularly monitor and evaluate their activities by formulating and effectively implementing strict regulatory policies. In addition to it, cooperatives are suggested to diversify their base by endorsing small cottage industries and income generating activities.
Keywords:
Cooperatives, Nepal, scams, policy
Cite Article:
"A review on increasing frauds and scams of cooperatives in Nepal", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 2, page no.b56-b61, February-2024, Available :http://www.ijnrd.org/papers/IJNRD2402107.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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