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State of West Bengal - Section

Section 83 in West Bengal Co-operative Societies Rules, 2011

83. Financial assistance by the State Government.

— The State Government may grant loans, to take share in, or give any other financial assistance including grants to, any co-operative society which makes an application in this behalf, for any of the following purposes. namely :—
(a)facilitating the production of commodities or disposal thereof by the members;
(b)conducting and developing agriculture or industry undertaken by a society;
(c)redemption of prior debts of members. purchases and improvement of funds by members, or construction of any project for providing irrigation facilities for the benefit of the members;
(d)construction of office building or godown by the society or dwelling house by its members;
(e)repayment of money previously borrowed by a society in accordance with its bye-laws;
(f)maintenance of staff for efficient management of the society;
(g)recouping any loss in part or in whole sustained due to circumstances over which the society had no control;
(h)providing infrastructure facilities to societies and its members; and
(i)providing fund for starting of new business or augmentation of old business;