Centre launches CRCS-Sahara Refund Portal to help Sahara depositors

Centre launches CRCS-Sahara Refund Portal to help Sahara depositors

Daily Current Affairs   /   Centre launches CRCS-Sahara Refund Portal to help Sahara depositors

Change Language English Hindi

Category : National Published on: July 20 2023

Share on facebook
  • Union Home Minister Amit Shah today launched CRCS-Sahara Refund Portal in New Delhi. 
  • This portal has been developed for the submission of claims by genuine depositors of Cooperative Societies of Sahara Group - Sahara Credit Cooperative Society Limited, Saharayan Universal Multipurpose Society Limited, Hamara India Credit Cooperative Society Limited, and Stars Multipurpose Cooperative Society Limited.
  • The portal will help more than 10 crore depositors of Sahara Group claim their money back.
  • In the initial phase, the refund portal will disburse up to Rs 5000 crore to depositors. 
  • However, each depositor will be able to get only Rs 10,000 in the first phase. 
  • The entire process of refund will be online. According to Home Minister, there are 4 crore depositors who are eligible to get up to 10,000 rupees.
Recent Post's
  • Mongolia’s parliament appointed 39-year-old Uchral Nyam-Osor as the new Prime Minister with 88 out of 107 votes, marking the third leadership change in nine months.

    Read More....
  • ISRO has launched Mission Mitra in Ladakh to test psychological resilience and team dynamics of Gaganyaan astronauts in extreme high-altitude conditions.

    Read More....
  • Myanmar’s parliament elected military leader Min Aung Hlaing as President with 429 votes, consolidating military control after the 2021 coup.

    Read More....
  • Prime Minister Modi inaugurated the Samrat Samprati Museum in Gujarat to highlight the contributions of Mauryan ruler Samrat Samprati, popularly known as ‘Jain Ashoka’.

    Read More....
  • Vice President C.P. Radhakrishnan released Sudha Murty’s book ‘Tides of Time’, which showcases India’s history through 124 murals in the Parliament building.

    Read More....
  • The Indian Navy commissioned stealth frigate INS Taragiri, the fourth vessel under Project 17A, at Visakhapatnam on April 3, 2026.

    Read More....
  • The Ministry of Education has granted ‘Deemed to be University’ status to NCERT, enabling it to offer PhD programmes and advanced research in school education.

    Read More....
  • Sadhana Saptah 2026 Day 3 on 4 April will feature expert webinars on Quantum Technology, Digital Infrastructure and Artificial Intelligence for better governance.

    Read More....
  • 1992-batch IAS officer Chanchal Kumar took charge as Secretary of the Ministry of Information & Broadcasting on April 1, 2026.

    Read More....
  • Renowned sand artist Sudarshan Pattnaik has been appointed as the brand ambassador for India’s first digital Census 2027.

    Read More....