Amendment status not verified — confirm the current text below against the official source.
The provisions of this Chapter shall apply to the Agricultural Development Banks advancing loans for the purposes herein enumerated, that is to say- (i) land improvement and productive purposes; (ii) the erection, rebuilding or repairing of houses for agricultural purposes; (iii) the purchase or acquisition of title to agricultural lands by tenants; or (iv) the liquidation of debts of agriculturists under the relevant law for the time being in force; 265[(v) the acquisition, construction, rebuilding or repairing of rural dwelling houses.] Explanation.— Land improvement or productive purpose means any work, construction or activity which adds to the productivity of the land and, in particular includes the following, that is to say- (a) construction and repair of wells (including tube wells), tanks and other works for the storage, supply or distribution of water for the purpose of agriculture, or for the use of men and cattle employed in agriculture;