Cooperative Minister Amit Shah Announces Disbursement of Rs 362 Crore to 4 Lakh Depositors
In a significant development for depositors of the Sahara Group of Cooperative Societies, Cooperation Minister Amit Shah announced the successful disbursement of Rs 362.91 crore to over 4.2 lakh individuals as of July 16, 2024. This financial restitution is being facilitated through the CRCS-Sahara Refund Portal, a digital platform established in compliance with a Supreme Court order aimed at assisting legitimate depositors in reclaiming their funds.
CRCS-Sahara Refund Portal: A Digital Lifeline for Depositors
The CRCS-Sahara Refund Portal serves as a streamlined and transparent mechanism for depositors to file their claims and receive their entitled funds. By leveraging Aadhaar-linked bank accounts, the portal ensures a secure and efficient disbursement process, minimizing bureaucratic hurdles and delays.
Prioritizing Verified Claims and Partial Disbursements
As part of the ongoing effort to expedite the refund process, each genuine depositor with verified claims is currently receiving up to Rs 10,000 through their Aadhaar-linked bank account. This phased approach aims to provide immediate relief to a larger number of depositors while the remaining funds are meticulously verified and processed.
Key Takeaways:
| Key Point | Description |
|---|---|
| Rs 362.91 Crore Disbursed | Over 4.2 lakh Sahara depositors have received a total of Rs 362.91 crore in refunds as of July 16, 2024. |
| CRCS-Sahara Refund Portal | The digital platform facilitates the refund process for legitimate depositors. |
| Aadhaar-Linked Bank Accounts | Disbursements are made directly to depositors’ Aadhaar-linked bank accounts. |
| Partial Disbursements | Each verified claimant currently receives up to Rs 10,000 while remaining funds are being processed. |
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In Summary
The disbursement of Rs 362.91 crore to over 4.2 lakh Sahara depositors represents a significant milestone in the ongoing effort to provide financial restitution to those affected by the Sahara Group’s financial irregularities. The CRCS-Sahara Refund Portal, with its secure and efficient digital process, has played a crucial role in expediting this process. The government’s commitment to ensuring the fair and transparent return of funds to legitimate depositors is evident in this significant development.
Soumya Smruti Sahoo is a seasoned journalist with extensive experience in both international and Indian news writing. With a sharp analytical mind and a dedication to uncovering the truth, Soumya has built a reputation for delivering in-depth, well-researched articles that provide readers with a clear understanding of complex global and domestic issues. Her work reflects a deep commitment to journalistic integrity, making her a trusted source for accurate and insightful news coverage.
