Sahara Refund Latest Update: Investors of Sahara Group have claimed about Rs 80,000 crore on the Sahara Refund Portal, for which the government will approach the Supreme Court to demand money from the group’s funds.
Sahara is going to go to the Supreme Court again to return their money to the investors. Investors of Sahara Group have claimed about Rs 80,000 crore on the Sahara Refund Portal, for which the government will approach the Supreme Court to demand money from the group’s funds. Investors had invested in the corporate committees of Sahara Group, the money which was stuck for years, a portal was launched this year for this.
Government replied in Rajya Sabha
Minister of State for Cooperation BL Verma, in response to a question in the Rajya Sabha on investors’ money stuck in Sahara, said that the Ministry of Cooperation has started a portal for investors, through which they can submit claim applications for the money stuck in corporate societies. . He said that 3 crore investors have registered to claim money on the portal and a total of Rs 80,000 crore has been claimed.
Currently the government has Rs 5,000 crore
Verma said that many investors have also got their money back. He said, “We have started the process of refunding investors’ money within 45 days. We have Rs 5,000 crore, we will go to the apex court to get more money from Sahara Group’s fund. Sahara investors will be given their every penny. Will get it back.”
The Minister has assured all the investors that the investors who are submitting their applications as per the process on the portal will get their money back. Right now the government is starting with refunding Rs 10,000 per investor to small investors. He also said that the home loan limit in rural cooperative banks has been increased two and a half times from Rs 32 lakh to Rs 75 lakh.
