Amendment status not verified — confirm the current text below against the official source.
(1) The Board is the authority to sanction the assistance under the scheme. (2) The Board shall frame such regulations as are necessary for sanctioning the assistance. Such regulations shall enteralia contain the details of procedure for applying for the assistance, the enquiries to be conducted, the verification to be made, the documents to be obtained, the quantum of the amount of assistance to be sanctioned, the mode of repayment, the rate of interest on loans if any to be charged, the securities to be obtained and other required details. The regulations shall have to be approved by Government.