Rule 34
Purpose For Providing The Loan
(1) The committee shall give the
loan to those farmers within its area and who pays the savings subject to
these Rules for the following purposes. If such farmer has been received
the certificate, the amount of the received loan shall be mentioned on the
certificate.
73 Amended by Seventh Amendment.
74 Inserted by Fifth Amendment.
75 Amended by Seventh Amendment.
76 Deleted by Fourth Amendment.
77 Amended by Seventh Amendment.
78 Amended by Seventh Amendment.
37
(a) To grow seeds,
(b) To feed,
(c) To pay the wages to the farm workers,
(d) To purchase fertilizer and agriculture equipments,
(e) To pay land revenue or water revenue,
(f) To purchase or hire the oxen,
(g) For general treatment at the time of being ill or
sick,
(h) For marriage (upto Rs. 150.00),
(i) For last-rites (upto Rs. 50.00),
(j) For irrigation, to construct dam (Bandh), paini,
kulo, to dig well or pond, to repair or to purchase
pipe or power machine,
(k) To purchase or lease tractor,
(l) To open or manage an industry related to the
agriculture for the agricultural development,
(m) To purchase the land which has been cultivated as a
tenant by own self.
(2) Except for being unable to pay the loan due to unavoidable
circumstances (reasons), additional loan shall not be given to the person
who has not paid the received loan, until he/she has not fully paid the
loan.
(3) Generally, the access amount of the loan than the deposited
saving shall not be provided without the security for other (work)
purpose except than for the purpose of fertilizer, seeds, equipment, oxen
and pesticides.
(4) The committee shall use or make to use the loan which has
been provided to it as pursuant to Sub-rule (1) and the loan distributed
out of the amount received from the saving agency, only for the same
purpose and function to which purpose and the function the loan has
been provided.