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

  • No Smoking Day 2026 is observed on March 11, urging people worldwide to quit tobacco and embrace a healthier, smoke-free life.

    Read More....

  • Veteran actor Amol Palekar will be honoured with the Lifetime Achievement Award at the 21st Mahindra Excellence in Theatre Awards (META) 2026, to be held in New Delhi from March 19–25.

    Read More....

  • The Union Cabinet chaired by PM Narendra Modi approved the declaration of Madurai Airport in Tamil Nadu as an International Airport to boost regional connectivity and economic growth.

    Read More....

  • IndiGo co-founder Rahul Bhatia has taken charge as interim CEO of India's largest airline following the resignation of Pieter Elbers.

    Read More....

  • PPVFRA has officially registered 'Nagauri Paan Methi' (Trigonella corniculata L.) as a Community Farmers' Variety, granting legal protection to farmers of Nagaur district, Rajasthan.

    Read More....

  • NABARD, along with the Gates Foundation and Dalberg Advisors, launched the National Climate Stack Innovation Challenge to strengthen climate resilience for India's rural and agricultural sectors.

    Read More....

  • The International Malaria Conference (IMC) 2026, held from March 7–9 in New Delhi, concluded with a global commitment to accelerate malaria elimination efforts.

    Read More....

  • Japan approved the world's first iPS cell-based therapy 'Amchepry' for Parkinson's disease, marking a historic milestone in regenerative medicine.

    Read More....

  • Delhi Lieutenant Governor Vinai Kumar Saxena has been appointed as the new Lieutenant Governor of Ladakh, replacing Kavinder Gupta who has been reassigned as Governor of Himachal Pradesh.

    Read More....

  • Gyan Bharatam, a flagship Ministry of Culture initiative with a budget of Rs. 491.66 crore (2025–2031), aims to survey, conserve, and digitize India's vast manuscript heritage.

    Read More....