Odisha Fin Min allocates Rs 300 crore for chitfund-affected depositors in budget
Admin | 21 November, 2014 | 699 | 3980
Bhubaneswar: Odisha Finance Minister Pradip Kumar Amat today said the state is keeping aside Rs 300 crore towards a corpus fund for protecting interest of depositors in the supplementary budget for 2014-15.
"As announced by the government and after the approval of the AG, we have made provision of Rs 300 crore for the purpose of distribution among the small investors," Amat said while presenting the supplementary budget even as the opposition members agitated in well of the House.
Briefing the media persons on the issue, Additional Chief Secretary, Finance, U N Behera later said the state government has decided to make arrangement so that small investors get back their money.