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State of Maharashtra - Section

Section 21 in Maharashtra Industrial Development Act, 1961

21. Grants, subventions, loans and advances to the Corporation.

- The State Government may, after due appropriation made by the State Legislature by law in this behalf, make such grants, subventions, loans and advances to the Corporation as it may deem necessary for the performance of the functions of the Corporation under this Act; and all grants, subventions, loans and advances made shall be on such terms and conditions as the State Government may after consulting the Corporation determine.