Bare ActsAgricultural Produce (Development and Warehousing) Corporations Act, 1956

Section 11

Grants by the Central Government to Board.--

Amendment status not verified — confirm the current text below against the official source.

The Central Government shall, after due appropriation made by Parliament by law in this behalf, pay to the Board -- (a) a non-recurring grant of five crores of rupees and a recurring grant in each year of a sum of five crores of rupees during the period of five years from the commencement of this Act: Provided that the Central Government may increase or reduce the amount of such non-recurring grant or the annual recurring grant in any year having regard to the actual requirements of the Board; (b) after the expiration of the said period of five years, such sums as the Central Government may from time to time deem necessary to enable the Board to perform its functions under this Act.

Section 11 – Agricultural Produce (Development and Warehousing) Corporations Act, 1956 | DailyLaw.ai