Amendment status not verified — confirm the current text below against the official source.
Subject to Rules made under this Act, it shall be competent for the State Development Bank nd District Development Banks to Advance loans for the following purposes; ti} agricultural and rural development; and og, ti} such other purposes, for which refinanée facilities are available from the National Bank. Explanation :=-For the purpose of this section “Agricultural and Rural Development ® . purposes" means any work, construction or activity which aids. agricultural and tural development and in particular includes the following --—- (a) construction and repair of wells including tubewells, borewells and dug -cum- —_ borewells, tanks and other works for storage, supply or distribution of water for the Puttposes of agriculture’ or for se eof met and cattle etiplayed is in agricuiuire; ‘ : th) - © renewal or reconstruction of any y of the foregoing work or "eration therein of addition thereto: a {c) preparation of land for irrigation including Command Area Development; id) Deainage, reclamation. from tiver or other -waters, or protection from floods or from erosion or other damage by water, of land used for agricultural Purposes or waste land which is culturable; (c} bunding and similar improvements; it} reclamation, clearance and enclosure or permanent improvement of land for agricultural purposes; (th horticulture: th) pisciculture: ti) pouttry. animal hushandry or dairy farming; (ii. . sheep and goat rearing. piggery; (k) purchase of plough-bultocks: (lh purchase and repair of oil engines, pumping sets, and electrical motors for any of the purposes mentioned in this section; 5 Power to Ad- vance Laans. {%) (3) (™) (4) () (&) (4) mi) (3) CF) (a) (4%) (a) (a) atari, soatuit sik neta = m7; deed, a oer feer a fret ea fe ceed a ee at TAH AEM; “ apfia BY ferdty went at Yer feeret Tat sea am A gig; Para waa COM Wawa), Ty Wel sh fect st wan oe Ble sree wieHTA a fore Het an -aesmte, eee she Ptah; TH 4A, Fe WAR SH fy AAT FI ; gfe et oh wa et er foe a para Te, aa % whe gern free sina te wr eT Ht agent, Fats sarin gal wer gH (BH) a af wind, ah ot ting ae tT WERE, frat siela wetter ierm, Thery abt vam of tae Fra ath ta fixareendt 8 dafed seeif ath aviat faa seria wepafes afsai si $a sa; pie ara & fae tel gia, aah fea ae at eT, Patras (ee kz) ee ae SA ee tse ty se: < FEN ate meet St eT: (m2) Bear St STE, a fn eg ers bn Ae (at) farga at gee ened a free wen stk oie ferepetenes; Gry) ai & i wer Biel ar free aft seh, (3-2) 3 vin oe a eT, (Bt) re oS rm a, Tl RGA; (m2) a a sfrrot & caret a wer Yih frre Ae & ate ger settee fara am, arreafa at en A ars om fatera sf erm. ie dal {m) (ni (i) iy 4q) itt (s} Ww yu) “ave. - tw) {x} - (4) (ei (h-1) {u-1) {d-1) fe-1 uh Plantation including tree crops; | Weainsportation, satage: if¢ludingf Faral warétiotises, podowhig; and culd-storage, “and marketing of agricultural, cottage and industrial products, and. acquisition of purchase of tools, implements. machinery: Purchase and repair of tractors or powertillers or any other agricultural machinery; increase of the productive capacity of land by addition to it of special variety of sail; constuction, repair and reconstrucuion of permanent farm-houses, cattle-sheds and sheds for processing.of agricultural produce at any stage: , . purchase of machinery for crushing sugarcane. manufacturing Gur; purchase of machinery for harvesting and processing of agricultural produce; , apiculture. sericullure including production of silk, toa agro-forestry; implements and machineries including animal-driven carts in connection with . such activities: inarket yards for agricultural produce; establishment of -bio-gas plant: working capital or production credit to borrowers of investment credit: . setling up of cotlage arid village industries; purchase of shares in Conoperatiwe sugar factory, spinning mill 0 or any agro- processing industry: faying of transmission lines of electricity, and rural electrification; development and use of non-traditional sources of energy; establishment of milk-chilling plant. acquisition including acquisition of plot. construction, reconstruction or repair of rural dwelling houses; : all such other activitics as are incidental or ancillary to the above mentioned purposes or as may be approved by the Board of the State Land Development Bank in consultation with the Refinancing Agencies. in case of any disagreement the Board's decision shall be final.". 6 tart ie afr