Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

Union of India - Section

Section 27 in The Khadi And Village Industries Commission Rules, 1957

27. Power to sanction grants and subsidies.

(1)The Commission shall disburse grants and subsidies in accordance with and at rates and on terms sanctioned by the Government in respect of each industry from time to time. The Government may, on its own motion or on the recommendation of the Commission, modify or supersede the financial rates and terms previously sanctioned.
(2)The Commission may reduce the rates at which grants and subsidies are payable in individual cases to such extent, as it thinks necessary, but shall not enhance such rates except with the prior approval of the Government.
(3)[ Grants and subsidies shall be paid only to:-] [Substitued by S.O. 1032, dated 7th June, 1958]
(a)a State Government;
(b)a board established under any law for the time being in force for the development of Khadi and Village Industries;
(c)a society registered under the Societies Registration Act, 1860 (21 of 1860), or under any other law for the time being in force in any State;
(d)a co-operative society registered under the Co-operative Societies Act. 1912 (2 of 1912) or under any other law for the time being in force in any State;
(e)[A Gram or Village Panchayat, a Panchayat Samiti, a Municipality, a Zilla Parished or any Similar body established under any state law for the time being in force] [Substitued by S.O. 80, dated 18th November, 1967]
(f)an authority set up under any law for the time being in force relating to bhoodan or gramdan;
(g)a trust created for public purposes of a charitable or religious nature;
(h)an individual or institution engaged in research in Khadi and Village Industries, subject to the condition that a grant or subsidy to an individual should not exceed Rs. 5,000 in any one case and to an institution, it should not exceed Rs. 50,000 in any one case.
The ceiling of Rs. 5,000 for an individual and of Rs. 50,000 for an institution may, however be exceeded with the prior approval of Government.
(i)[ any other individual, authority, or body in accordance with the approved pattern and within the Ceilings communicated by the Commission to the Government. [Substitued by S.O. 255, dated 22nd February, 1961]
Note. - 'Individual' means an artisan or any other worker undertaking activities falling under the purview of the Commission and for which grants and subsidies are given.]