(1) Subject to the provisions of this Act, it shall be the primary duty of the Corporation to undertake the task of upliftment of antyodaya families.
(2) Without prejudice to the generality of the foregoing provisions, such functions shall include the functions-
(i) to plan, promote and undertake, on its own or in collaboration with or through other agencies whether governmental and non-governmental, programmes of agricultural development, marketing, processing, supply and storage of agricultural produce, small scale cottage and village industries, trade and business or any other activity which will, in the opinion of the Board, enable the members of the antyodaya families to earn a better living and help in the upliftment of their economic condition;
(ii) to undertake programmes for setting up employment-oriented industries by providing financial, technical and managerial assistance and any other assistance which will be required in achieving this objective;
(iii) to provide financial assistance to the members of the antyodaya families by advancing or arranging loans and by paying margin money for any of the purposes which will generate income to such families;
(iv) to give grants and subsidies to, and to guarantee loans, taken by the members of antyodaya families and such other organisations for the benefit of Antyodaya families;
(v) to arrange for the training of skills with a view to provide gainful employment to the members of antyodaya families;
(vi) to act as an agency of the State or the Central Government for disbursement of aid in cash or in kind to the antyodaya families;
(vii) to arrange for publicity and marketing of the finished goods manufactured by the antyodaya families;
1. Ins. vide H.P. Act No. 27 of 1979, sec. 5.
H. P. ANTYODAYA CORPORATION ACT, 1979 11
(viii) to borrow money from commercial banks or from any other organisation, including Government, subject to such conditions as the Board may specify;
(ix) to receive gifts, grants and donations and to issue bonds and debentures;
(x) to draw, make, accept, endorse, discount, execute and issue promissory notes, bills of exchange, hundies, bills warrants, debentures and other negotiable instruments;
(xi) to invest or deposit surplus funds of the Corporation in Government securities or in such other manner as the Board may decide;
(xii) to enter into contracts;
(xiii) to provide facilities for survey; research and study in relation to the problems relating to upliftment of the antyodaya families with a view to promote programmes for providing gainful employment to the members thereof;
(xiv) to undertake such other functions as are supplemental, incidental or consequential to any of the functions conferred on it under this Act or the rules made thereunder; and
(xv) to undertake such other programmes and discharge such other functions as may be prescribed by the State Government, from time to time.