Financial assistance under Tripura public demand recovery

Act 2000

Section 2 (e) de nes " nancial assistance" as any form of

monetary support provided for various purposes, including
but not limited to: (i) establishing, expanding, modernising,
renovating, or operating industrial enterprises; (ii) vocational
training; (iii) agricultural or agro-industrial development; (iv)
planned development initiatives approved by the State
Government; (v) relief from the adverse effects of re,
severe drought, ood, or other natural disasters; (vi)
implementation of state-sponsored programmes; or (vii) any
other purpose as prescribed.
According to Section 36, the Act does not prevent the
collection of outstanding debts related to nancial aid
provided to an agriculturist, or the enforcement of a charge
or mortgage created by the agriculturist on any land or
interest in favour of a Corporation, bank, or other institution.
This is applicable when such debts can be recovered under
the provisions of any other currently applicable law.
The provisions of this Act do not diminish the authority of the
TLR and LR Act, 1960, which pertains to the retrieval of land
revenue and other speci ed funds. However, these
provisions may be pursued as an alternate course of action.
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