Amendment status not verified — confirm the current text below against the official source.
In this Act, unless the contex; otherw; quires,— se (a) “Backward Classes” means pers to the Scheduled Castes PCtSons Celongin Tribes as notified in the Scheduled ‘¢ by Government to be Backward “Colared from time to time : . (6) “borrower” means an individual belonging to a backward Class to whom a Joan has b granted under this Act : ren (c) “Controlling Authority” means the authority . appointed by the Government by notifica- ton in the official Gazette to be competent fo-sanction a loan under the powers conferred by this Act and to fake such steps as are necessary for the enforcement of the provisions . . of this Act. (d) “Government” means the *{Central Govern- ment], (2) “the loan” means interest-free loan granted by the Government to a borrower ; (f) “prescribed” means prescribed by rules made under this Act, Limit of loan,