Title : Liabilities of Participating Governments to Provide Capital to the Corporation
State : Central
Year : 1948
The participating Governments shall, as hereinafter specified, provide the entire capital required by the Corporation for the completion of any project undertaken by it. View Complete Act List Judgments citing this sectionTitle : Payment by Participating Government on Specified Date
State : Central
Year : 1948
Each participating Government shall provide its share of the capital on the dates specified by the Corporation and if any Government fails to provide such share on such dates the Corporation may raise loan to make up the deficit at the cost of the Government concerned. View Complete Act List Judgments citing this sectionTitle : Payment of Interest
State : Central
Year : 1948
The Corporation shall pay interest on the amount of capital provided by each participating Government at such rate as may, from time to time, be fixed by the Central Government and such interest shall be deemed to be part of the expenditure of the Corporation. View Complete Act List Judgments citing this sectionTitle : Interest Charge and Other Expenses to Be Added to and Receipts Taken for Reduction of Capital Cost
State : Central
Year : 1948
For a period, not exceeding fifteen years, from the establishment of the Corporation, if the Corporation runs in deficit, the interest charges and all other expenditure shall be added to the capital cost and all receipts shall be taken in reduction of such capital cost. View Complete Act List Judgments citing this sectionTitle : Liability to Pay Central Taxes
State : Central
Year : 1948
(1) The Corporation shall be liable to pay any taxes on income levied by the Central Government in the same manner and to the same extent as a company. (2) The State Governments shall not be entitled to any refund of any such taxes paid by the Corporation. View Complete Act List Judgments citing this sectionTitle : Annual Report
State : Central
Year : 1948
(1) The Corporation shall prepare, in such form as may be prescribed, an annual report within six months after the end of each financial year giving a true and faithful account of its activities during the previous financial year, with particular reference to-- (i) irrigation; (ii) water supply; (iii) electrical energy; (iv) flood control; (v) navigation; (vi) afforestation; (vii) soil erosion; (viii) use of lands; (ix) resettlement of displaced population; (x) sanitation and public health measures; and (xi) economic and social welfare of the people. (2) The annual report shall also give a true and faithful account of the income and expenditure during the previous financial year. the net amounts attributable to each of the three main objects and the distribution..... View Complete Act List Judgments citing this sectionTitle : Directions by the Central Government
State : Central
Year : 1948
(1) In discharge of its functions the Corporation shall be guided by such instructions on questions of policy as may be given to it by the Central Government. (2) If any dispute arises between the Central Government and the Corporation as to whether a question is or is not a question of policy, the decision of the Central Government shall be final. View Complete Act List Judgments citing this sectionTitle : Conditions of Service of and Servants
State : Central
Year : 1948
The pay and other conditions of service of the officers and servants of the Corporation shall--, (a) as respects the secretary and financial adviser, be such as may be prescribed; and (b) as respects the other officers and servants, be such as may be determined by regulations. View Complete Act List Judgments citing this sectionTitle : Provision for Irrigation and Water-supply
State : Central
Year : 1948
The Corporation may, with the approval of the State Government concerned which shall not be unreasonably withheld, construct canals and distributaries and maintain and operate them: Provided that the State Government may, after giving notice and subject to the payment of fair compensation, take over the maintenance and operation of any such canal or distributary. View Complete Act List Judgments citing this sectionTitle : Rates for Supply of Water for Industrial and Domestic Purpose
State : Central
Year : 1948
The Corporation may determine and levy rates for bulk supply and retail distribution of water for industrial and domestic purposes and specify the manner of recovery of such rates. View Complete Act List Judgments citing this section