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The Hindu
The Hindu
National
The Hindu Bureau

₹258 crore in refunds released from Sahara portal: Ministry

The Government informed the Lok Sabha on Tuesday that around 1.21 crore applications have been registered on the “CRCS-Sahara Refund Portal.” It said that ₹258.47 crore had been released to 2.77 lakh depositors of Sahara Group of Cooperative Societies until January 31. The portal was launched in July 2023.

A written reply by C.ooperation Minister Amit Shah said that State-wise distribution of applications is not available.

It added that applications received on the portal are being processed in transparent manner, on proper identification and on submitting proof of identity and deposits. The payment is being deposited directly in Aadhaar seeded bank account of genuine depositors. “Presently, only upto ₹10,000 is being disbursed to each genuine depositor of the Sahara Group of Cooperative Societies against verified claims through Aadhaar seeded Bank account,” the reply said.

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