The company is founded and managed by Saurav Banerjee, former Co-CEO and CFO of NDTV Group, and is being probed by the ED for allegedly parking Sherpuria’s funds.
In today's edition: Sanjay Prakash Sherpuria, held for faking PMO access, lent money to J&K Governor Manoj Sinha; Mani Ratnam's magnum opus Ponniyin Selvan 2 review and more
Responding to a query, a senior official in NDDB said, “NDDB has not done verification of the project till now. Subsidy amount can only be released to Youth Rural Entrepreneur Foundation after the verification, so the amount is not released.”
The Union Ministry of Fisheries, Animal Husbandry & Dairying approved a Rs 2 crore subsidy to Youth Rural Entrepreneur Foundation, allegedly run by ‘conman’ Sanjay Prakash Rai Sherpuria.