Functions of the Board

(1) Subject to the provisions of this Act, the functions of the Board shall generally be to plan organize and implement programmes for the development of Khadi and Village Industries. (2) In particular and without prejudice to the generality of the foregoing power, the Board may take such steps as it may think fit. (a) to start, encourage, assist and run Khadi and Village Industries; (b) to provide deserving persons with gainful employment in their homes through the organization of Khadi and Village Industries; (c) to grant loans and give other assistance for the development of Khadi and Village Industries; (d) to organize co-operative societies for Khadi and Village Industries; (e) to conduct training centres and train persons at such (i) If at the time fixed the meeting, the numbers of member present is not equal to the quorum required therefore under regulation (10) the President shall wait for 30 minutes.(ii) If at the expiry of the Period specified in Clause (i) the number of members present is not equal to the quorum required under regulation 10 the President shall adjourn the meeting. (1) The Board shall grant loans in accordance with the provisions of the Rules framed by the Government from time to time for the grant of loans for the Khadi and Village Industries and in accordance with and at the rates and on terms sanctioned by the Government or by the Khadi and Village Industries Commission from time to time. (2) The Board shall not be competent to modify, amend or otherwise vary the Provisions of the loan rules. (3) The Government may, on its own initiative or on the recommendation of the board, modify or amend the loan rules, the modification or amendment will have effect from the date it is made by the Government. (4) This order issues with the concurrence of the Finance Department vide its U.O.Note.No. 107134/SV/67-1, dated the 24th October 1967. (By Order of the Governor) T.A.S. BALAKRISHNAN SECRETAY TO GOVERNMENT / True Copy /