Subject to the provisions of this Act and of the 1 ulcs made thereunder, the Government shall have power to give State aH.l to an industry 111 one or more of the follovmig ways:-
(a) by granting a Joan;
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(b) by ~uaranteeing of cash credit, overdraft or a fixed advance with a bank ; .
(c) by taking folly paid up shares or debentures:
Provided that the amount paid by the Government for such ~hares an<l debentures shall not exceed the amount already paid by other persons for sha1 es and debentures in the same industry ;
(d~ by gua1 an teeing interest on preference shares or debentures,
(e) by guaranteeing a minimu.n return on the whole or part of the capital of a joint stock company,
(j) by the granting on favourable terms of land, raw materials, firewood, water or any other property of the Government subject to such terms and com'1tions as respects the repayment of the value of the aid granted, as may be prescribed;
(g) by paying a subsidy for the conduct of research or the purchase of machinery subject to such terms and conditions as respects the repayment of the value of the aid granted, as may be prescribed;
(h) by supplying machinery on hire purchase system.
12 Conditions for the guarantee and grant under section I! (e) and (f). The condition for any payment under ~uarantce of a minimum return on the whole or part of the capital of a Joint stock .company or for the grant by the Government of land, raw materials, fit ewood, wate1· or any other p1 operty on favourable terms shall ordmanly be that an amount equal to the sum paid or to the value of the grant or concession as fixed at the time when it 1s paid, shall be repaid to th<" Government at the close of a fixed term of yea1 s if within that term the industry shall be shown to be pay mg inte1 est or a d1v1dend upon the capital mvested n excess of such !'ates as the Government may fix.