Amendment status not verified — confirm the current text below against the official source.
(1) The Anchal Fund shall vest in the Anchal Sasan and the ballance standing to the credit ef the Fund shall be kept in such Government treasury, sub-treasury or treasury business has b Bank to which Government een made over, as the State Government may from time to timedirect. (2) The Anchal Sasan may from time to time invest any portion of the Anchal Fund in securities of the Government of India or with the previous sanction of the State Government in such other securities including fixed deposits in Banks recognised by the State Government for this purpose and may sell such securities or exchange them for others of the like nature and the incomé realised from the securities and proceeds of the sale of the same shall be credited to the Anchal Fund.