Amendment status not verified — confirm the current text below against the official source.
Definitions.- In this Act, unless the context otherwise requires,- (a) "backward classes" means the Scheduled Castes and the Scheduled Tribes declared as such in relation to the [State]2 of Himachal Pradesh under articles 341 and 342 respectively of the Constitution and includes all persons each of whose annual gross income calculated in the prescribed manner does not exceed two thousand rupees; (b) "borrower" means an individual belonging to a Backward Class to whom a loan has been granted under this Act; (c) "controlling authority" means the authority3 appointed by the Government by notification in the Official Gazette to be competent to sanction a loan under the powers conferred by the Act and to take such steps as are necessary for the enforcement of the provisions of this Act; 4[(d) xxxxxxxx] (e) "loan" means interest free loan granted by the Government under this Act; and (f) "prescribed" means prescribed by rules made under this Act.