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Written by Kiran Kattel | Senior Assistant Designation- Account and Finance Department Assistant Organization- Nepal Multipurpose Co-operative Society Ltd. Jhapa Nepal, 2018-04-30 12:14:22
Youth is the stage of human life between childhood dependence to adulthood independence. Recently, youth are seen to be actively participating in uplifting their condition of co-operative sector. Hence, the relationship between Youth and Co-operatives is getting stronger. Involvement of youth in co-operative sectors has enhanced banking services including remittance facilities, investing in dairy sectors, bakery, hydro projects and agriculture sector that has helped in creating employment opportunities for so many youth, making them financially independent and simultaneously fostering nation's economy. Among all the concepts, Cooperatives have been implementing till date, creation of student saving clubs is the best way to make aware the youth to coordinate and move ahead.
Students these days have an opportunity to open their own savings
account with Student Savings and plan for a better future. Student Saving
account is designed for youth to develop saving habits and even more. Nepal
Multipurpose Co-operative Society is one of the well-known cooperatives in
eastern Nepal. It believes that there is need of Student saving club in school
level. Student life just gets easier with Student Saving account. Not just
banking but all parts of students' life. Being a part of this organization as
an employee, I want to elaborate it in organizational perspective.
We offer specially designed student savings account introduced with the
objective of developing banking habits amongst students. Nepal Multipurpose
Cooperative Society Ltd. (NMC-COOP) has organized lots of vital programs that
focused on Students and we have plans for upcoming days as well. As per the
latest record, there are twenty seven student saving clubs cooperatively
running with our organization. 1835 students are actively participating in
those clubs. We have organized programs like inter-school quiz, debate, speech,
sports, and dance competitions to enhance student's abilities in all ways. It helps
in building positive attitude and relationship among students, thus creating a
learning environment (community), in which the diversity is valued.
This program has many vital benifits to the
cooperative organization, involved students, school and the community. Some of
the positive aspects are listed as follows:
Positive
aspects (Strength\opportunities)
- Active Participation of
students.
-Enhancement in socio-cultural
activities.
-Development
of saving habits among students.
-Financial awareness introduced
in School level.
-Succeed in leadership
development.
-Supportive
to Future thrift.
-Entrepreneurial encouragement
among students.
-Contribution in enlargement of
organization's capital.
As every story has its positive and negative
aspects, student saving club is not an exception. Through study, I came to find
out the following negative aspects:
Negative
aspects(Weakness\Threats)
-Addiction towards saving discourages students to spend even in basic
food items which may consequently lead to malnutrition. -Disturbance in regular
performance of schooling system. -Increment in expenditure Budget.
-Hurdle in involving lower-class
group of students.
-Administrative ignorance in
Private Schools.
-Convincing teachers and parents is time-consuming.
In context of Nepal, Youth are seen as immature and inexperienced and
they are not listened to or trusted in such condition. Through several studies
and inquiry with Students, result I found was totally miserable. There are
chances of misguidance. So, students must be guided with proper plan and vision
for the perfection in their life style. In conclusion, there is still a great
need to hold their hands and work to overcome their weaknesses by working
together in the cooperative way.