Amendment status not verified — confirm the current text below against the official source.
Contribution to the Fund.–(1) Each farmer shall contribute to the Fund a minimum of one hundred rupees per month: 22 This is a digitally signed Gazette. Authenticity may be verified through https://compose.kerala.gov.in/ Provided that members may remit monthly contribution at higher rate, at their own discretion. Such higher rate of amount remitted shall not be reduced more then two times in the same financial year: Provided further that the members may remit the contribution to be remitted by them annually or half yearly, in lump sum. (2) The Government shall, in each financial year pay as contribution, an amount equal to the amount to be paid by the members to the Fund as contribution, subject to a maximum of two hundred and fifty rupees per month. On the request of the Board, Government contribution, in proportionate to the amount remitted by the members to the fund, may be given half yearly. (3) Notwithstanding anything contained in sub-section (2), the Government may take necessary steps to make available to the Board every year, an amount equal to the amount which had been allotted by the Government for the payment of pension under Kissan Abhiman Scheme before the date of commencement of this Act, in the manner as may be prescribed.