Section 14 in Incentives to Industries in Bihar, 1986
14. Assistance for rehabilitation of sick and closed Units.
- The State Government will consider extending such concessions and assistance as may be necessary to registered sick industries for their revival and rehabilitation keeping in view the policies of the Government of India and the Financial Institutions in this regard. Such facilities, however, will not be available to units which have become sick because of managerial lapses. The State Government will monitor the rehabilitation programme of units in this category. The State Government will consider extending such concessions reliefs and incentives as may be considered necessary for revival and rehabilitation of a sick unit by the agencies concerned with the rehabilitation programme, namely: Banks, Financial Institutions and Government Organisations etc. and such assistance will be available for a limited period only.
