Bare Act

The Manipur Agricultural Credit Operations and Miscellaneous Provision (Banks) Act, 1976

The Manipur Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1976 facilitates easier access to institutional credit for farmers and rural entrepreneurs across Manipur. It defines broad categories of agricultural activities, ranging from crop cultivation, horticulture, and forestry to livestock rearing, fish farming, and agro-product storage or transport. By legally recognizing a wide range of financial entities, including commercial banks, regional rural banks, and government agro-industries corporations, the law enables these institutions to extend financial assistance for land development, irrigation, and equipment purchases. Ultimately, it strengthens the rural economy by lowering procedural hurdles for agricultural financing and enabling farmers to secure loans for modernizing their operations.

PDF: pending for this language.