Cooperatives Day marked in Bhutan

Cooperatives are not popular in Bhutan but they are growing at the rate higher that it was expected a few years back. To continue raising awareness on the importance of cooperatives in improving the economic conditions of villagers, International Day of Co-operatives was celebrated in Bhutan on 4 July.

To mark the day, Prime Minister Tshering Tobgay, Minister for Agriculture and Forest Yeshey Dorji, secretary of the ministry Tenzin Lhendup, MPs and high ranking government officials joined the farmers and cooperative groups to plan asparagus in Thimphu.

Co-operatives are gradually penetrating into the Bhutanese lives specially in satellite towns where banking services are not available and people don’t have big savings or most looking for smaller loans.

International Day of Co-operatives is celebrated on first Saturday of July every year.

Tobgay and Dorji on the day, visited Kuenselphodrang for the development of 4.7 km and width 1.5 meters, second phase biking trail from Kuenselphodrang to Motithang top coordinated by Nature Recreation and ecotourism Division (NRED) under Department of Forest and Park Services.