Rs 362 crore given to 4 lakh Sahara depositors: Amit Shah

Cooperation Minister Amit Shah Wednesday informed Rajya Sabha that Rs 362.91 crore has been disbursed to over 4.2 lakh depositors of Sahara Group of Cooperative Societies as of July 16 this year.

In a written reply, Shah 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.

Presently, the payment of only up to Rs 10,000 is being disbursed to each genuine depositor against verified claims through an Aadhaar-linked bank account. “An amount of Rs 362.91 crore has been released to 4,20,417 depositors of Sahara Group of Cooperative Societies as on July 16, 2024,” he said.