The Rajasthan Rural Workers and Agricultural Labourers (Fixation of Interest on Deposits) Act, 2024
The Rajasthan Rural Workers and Agricultural Labourers (Fixation of Interest on Deposits) Act, 2024
General202414 sections
This Act mandates the payment of specific interest rates on deposits collected from rural workers and agricultural labourers in Rajasthan. It defines who is eligible to contribute and guarantees a minimum fixed percentage return, ensuring these vulnerable workers are not exploited for the benefit of money lenders or others. The law holds significant importance by safeguarding the hard-earned incomes of the state's agricultural workforce and providing a stable mechanism for savings and interest growth.
- 0. Preamble
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- 13. Repeal and savings.- (1) The Rajasthan Lok Tantra Senani Samman Nidhi Rules,
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