Disbursed Rs 2,026 cr to Sahara cooperative societies' depositors: Shah

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Disbursed Rs 2,026 cr to Sahara cooperative societies' depositors: Shah - Business Standard

Quick Summary:

Cooperation Minister Amit Shah on Tuesday informed Parliament that Rs 2,025.75 crore has been disbursed to 11.61 lakh depositors of Sahara Group of Cooperative Societies as of January 28 this year.

Shah, in a written reply to the Lok Sabha, said this disbursement is facilitated through the CRCS-Sahara Refund Portal, which was established following a Supreme Court order on March 29, 2023, aimed at assisting legitimate depositors in reclaiming their funds.

Further, in case of any deficiency found in the application of the depositor, the same is being conveyed to them for resubmission of the application through the resubmission portal that was launched on November 15, 2023.