(1) The Project Director shall arrange for giving such loans to Loans to cultivators.
the cultivators as may be considered necessary for the purpose of augmenting agricultural production.
(2) The Project Director may act as an agent of any bank or other financial institution in the matter of distribution of loan or as an agent of the cultivator in the matter of obtaining such loan and he may also act as an agent for recovery of loan due from the cultivators.
(3) Any loan advanced to a cultivator under this section including any interest chargeable thereon shall be the first charge on the crop raised or on the output of any other agricultural production carried on by the cultivator as well as on any other property acquired by him through such loan.
(4) Any loan advanced by or through the Project Director including the interest chargeable thereon shall be recoverable as a Ben. Act of
1913.
public demand under the Bengal Public Demands Recovery Act, 1R13.
21. In each notified area there shall be one or more Debt Settlement Ben. Act VI of Boards to be established under sub-section (1) of section 3 of the
1936. Bengal Agricultural Debtors Act, 1936, which shall settle all outstanding debts in accordance with the provisions of the said Act notwithstanding that any such debt had been incurred after the first day of January, 1940.
22. Notwithstanding anything to the contrary contained in the West Setting up of Bengal Agricultural Produce Marketing (Regulation) Act, 1972— warehouses.
(1) in each notified area—
(i) the Project Director may arrange for setting up marketing centres, equipped with warehouse and such other facilities including processing as may be required for profitable disposal of any agricultural production, and
(ii) every cultivator shall, with a view to discharging any of his liabilities referred to in clause (2) deposit in the warehouses such quantity of agricultural production as may be directed by the Project Director;
(2) the Project Director shall sell or cause to be sold the agricultural production deposited by a cultivator under clause (1) and pay to him the price thereof after deducting therefrom—
(i) such marketing fee, storage and service charges not exceeding six per cent. of the market value of the gross Constitution of Debt Settlement Boards.
West Ben. Act XXX of 1972.
203 The West Bengal Comprehensive Area Development Act, 1974.
[West Ben. Act (Sections 23-27.)
Setting up of Dharmagolas.
Powers of the Project Director under West Ben. Act XVI of 1969.
agricultural production obtained by him as may be prescribed,
(ii) the amount of any loan or advance together with interest thereon as may be found due against him, and
(iii) the amount of any debt found due against him by the Debt Settlement Board under section 21.