Custody or deposits of the Gram Nidhi

Custody or deposits of the Gram Nidhi (40) “Electoral Rolls of Legislative Assembly ” means such electoral rolls or any election area of the State Legislative Assembly which is prepared according or under the provisions of the Representation of the People Act, 1951; Under the provisions of this Act as may be determined by the State Government in case of Gram Panchayat the Gram Nidhi shall be deposited in any such Government Treasury and sub Treasury or by such account open in any Nationalized Bank, Local Bank, Cooperative Bank and post office. The drawing and disbursing of the fund shall be made by the Pradhan and Secretary/ Gram Panchayat Officer by joint signatures.