: In accordance with cooperative values, beliefs and principles, to integrate the capital, technology and talent scattered among the country's farmers, Kaligarh, workers, low-income groups and marginalized communities or general consumers on the basis of self-reliance and reciprocity for the economic, social and cultural upliftment of the members. , to regulate the promotion of cooperative organizations as community-based, member-centered, democratic, autonomous and self-governing organizations, to develop a self-sufficient, sustainable and socialism-free national economy through cooperative farming, industry, goods and services business, to amend and consolidate the existing laws related to cooperatives and bring them up to date As it is desirable, the Legislature-Parliament as per clause (1) of Article 296 of the Constitution of Nepal has made this Act.