Bare Act

The Goa Debt Relief Act, 1980

Finance198030 sections6 chapters

This law provides financial relief to specific vulnerable groups in Goa, Daman, and Diu who are struggling with debt. It targets agricultural labourers, rural artisans, and small or marginal farmers. By offering this assistance, the government aims to help these populations manage their financial burdens, prevent economic distress, and improve their stability within the territory. The legislation establishes a framework to address the specific challenges faced by these rural workers and cultivators by providing mechanisms to reduce or restructure their outstanding liabilities.

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