Andhra Pradesh Single Window Co-operative Credit Structure at State Level Act, 1994
Andhra Pradesh Single Window Co-operative Credit Structure at State Level Act, 1994
The Andhra Pradesh Single Window Co-operative Credit Structure at State Level Act, 1994 restructures agricultural banking institutions across Andhra Pradesh. The legislation abolishes the Central Agricultural Development Bank and merges its legal duties into the Andhra Pradesh State Co-operative Bank Limited. Applying to co-operative credit agencies, legal bodies, and rural borrowers, it establishes a streamlined credit mechanism. This reform matters because it consolidates agricultural financing into a single institution, simplifying access to loans for farmers while overriding conflicting provisions in previous co-operative laws.
- 0. Preamble
- 1. Short title and commencement
- 2. Abolition of Central Agricultural Development Bank
- 3. Amendment of Act 7 of 1964
- 4. Act to override other laws - The provisions of this Act shall have effect notwithstanding anything contained in the Andhra Pradesh Co-operative Societies Act, 1964 (Act 7 of 1964) or in any other law for the time being in force.
PDF: pending for this language.