The government is now preparing a plan to give quick support to people who lost their money in troubled cooperatives.
Officials are discussing a proposal that would allow victims to receive up to Rs 1 lakh each from the revolving fund. This money would act as an early relief amount for small depositors who have been waiting for a long time.
The proposal has already reached the ministry of finance. Once the ministry approves it, the government will begin the first round of payments.
Many depositors who lost their savings are expecting this plan to move ahead soon, as it focuses mainly on those with small deposits who were hit the hardest.
