Amendment status not verified — confirm the current text below against the official source.
(1) There shall be in each Gramdan Village a fund, which shall be called the Gram Nidhi. (2) The following shall be paid into, and form part, of the Gram Nidhi namely:- (a) all sums and moneys received by the Gram Sabha including the profits of any cultivation or any enterprise undertaken by it: and the rent, fee or other charges charged or imposed on persons to whom lands are leased under this Act; b) all sums received by way of loans from any person, institution or Government; (c) all sums received by way of grants, donations, gifts, bequests or contributions.