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"Hopeful For First Time In 8 Years": 7 Lakh Register On Sahara Refund Portal

"Hopeful For First Time In 8 Years": 7 Lakh Register On Sahara Refund Portal

NDTV
Monday, July 24, 2023 03:53:36 PM UTC

The portal was launched on July 18 to facilitate the process of refunding the money that depositors had invested in four cooperative societies of the Sahara Group.

Less than a week after the Centre launched the Sahara refund portal, almost 7 lakh people have registered on it and many more are putting their documents in order as they are hopeful of getting their money back. 

The Central Registrar of Cooperative Societies (CRCS)-Sahara Refund Portal was launched by Union Cooperation Minister Amit Shah on July 18 to facilitate the process of refunding the money that depositors had invested in four cooperative societies of the Sahara Group. 

As of this afternoon. a total of 6.8 lakh people have registered on the portal, out of which 2.84 lakh have given their Aadhaar numbers for verification. As many as 18,442 claims have been verified. Of the total claims, 97% are for amounts under Rs 40,000 and 87% are for amounts under Rs 10,000. The claims in the under-Rs 10,000 category amount to Rs 150 crore. 

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