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State of Assam - Section

Section 30 in Assam Gramdan Act, 1961

30. Borrowing powers of Gram Sabha.

- Subject to such rules as may be made in this behalf the Gram Sabha shall have power to borrow money on the security of the Gram Nidhi or any property other than land belonging to it for any of the purposes for which the Gram Nidhi may be applied.