The Assam Agricultural and Rural Debt Relief Scheme, 1990

{
    "id": 15128,
    "slug": "the-assam-agricultural-and-rural-debt-relief-scheme-1990-1990",
    "title": "The Assam Agricultural and Rural Debt Relief Scheme, 1990",
    "short_title": "The Assam Agricultural and Rural Debt Relief Scheme, 1990",
    "act_number": "Published vide Notification No. Coop. 303/89/Part,",
    "act_year": 1990,
    "act_type": "STATE",
    "location": "Assam",
    "law_status": "unknown",
    "enactment_date": null,
    "description": "The Assam Agricultural and Rural Debt Relief Scheme, 1990",
    "preamble": "",
    "section_label": "Section",
    "sections": [
        {
            "number": "1",
            "title": "1. Short title, commencement and application.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 0
        },
        {
            "number": "2",
            "title": "2. Definition.",
            "chapter": null,
            "content": "(a) \"Agriculture\" includes horticulture, animal husbandry, Forestry, Dairy and Poultry Farming, pisciculture (fisheries), Irrigation, farm mechanisation development of agricultural land and other allied activities, whether or not under taken jointly with agricultural and expression \"agricultural operations\" shall be construed Accordingly;\n(b) \"artisan\" means an individual who is engaged in any activity of rural development relating to cottage and village industry, handicrafts, Weaving and other rural crafts;\n(c) \"Bad crop year\" in respect of a borrower means year in which fifty percent or more of his crop land is affected by any natural calamity as certified by the Sub- divisional Officer;\n(d) \"Borrower\" means an individual farmer, weaver or artisan or landless cultivator who had borrowed a loan or loans from one or more banks for any activity of agricultural or artisan and activity and who is a non-wilful defaulter;\n(e) \"Bank\" means the State Co-operative Bank, Central Co-operative Bank, Primary Co-operative Society, State Land Development Bank, and Primary Land Development Bank lending to individuals for Agricultural or artisan activity;\n(f) \"Effective date\" means 2nd October, 1989.\n(g) \"eligible loan\" means-\n(i) that part of the short term loans, including converted rescheduled medium term loan, availed of by an individual borrower on or after 1st April, 1986, instalments of a term loan, failing due after 2nd October, 1986, which was overdue to a bank as on the effective date and includes overdue interest;\n(ii) \"Chronic overdue\" means overdue including overdue interest of an individual farmer, weaver or artisan or landless cultivator who had borrowed a loan or loans from one or more banks, and who had overdue aged more than 3 years as on the effective date;\n(iii) The loans taken by a borrower who died on or before 2nd October, 1989. The certificate of Sub-Divisional Officer will not be required for this category of eligible loans;\n(iv) The overdue loan of a borrower who had been declared insolvent or whose petition is pending in the Court on or before 2nd October, 1989, for being declared insolvent subject to the provisions of Section 3 of the scheme. The certificate of Sub-Divisional Officer will not be required for this category of eligible loans;\n(h) \"Non-willful defaulter\" is a borrower of loan (s) who did not repay loan or loan installments due and experienced two or more years, whether consecutive or not, which were had crop year (s) one of which was the year in which the default occurred. In case of artisan or weaver, non-repayment because of loss of assets will also be treated as a non-wilful default;\n(i) \"Wilful defaulter\" is a borrower of loans for agriculture who did not repay the loan instalments due in that year which was not a bad crop year.\nChapter II",
            "footnote": "",
            "is_definition": true,
            "sort_order": 1
        },
        {
            "number": "3",
            "title": "3. Relief and its extent.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 2
        },
        {
            "number": "4",
            "title": "4. Identification or borrowers and determination of eligible Loan.",
            "chapter": null,
            "content": "(a) compile a list of borrowers with details of their principal, interest and overdues as required under the scheme; and\n(b) verify whether the concerned Village/borrowers experienced bad crop year in terms of clause 2 (c) subject to those conditions being met; the said Block Level Bankers Committee or District Level Consultative Committee for Bankers; as the case may be, will approve the waiver of loans under this scheme and debt relief to eligible borrowers will be provided automatically without any further reference to regional office/head office of Banks or any other State/Central Government authorities.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 3
        },
        {
            "number": "5",
            "title": "5. Adjustment in the Loan accounts.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 4
        },
        {
            "number": "6",
            "title": "6. Eligibility of beneficiaries for fresh loan.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 5
        },
        {
            "number": "7",
            "title": "7. Submission of claim statement.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 6
        },
        {
            "number": "8",
            "title": "8. Interest claims.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 7
        },
        {
            "number": "9",
            "title": "9. Payment of claim amount.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 8
        },
        {
            "number": "10",
            "title": "10. Adjustment of claim in proportion to the amount of loan availed of.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 9
        },
        {
            "number": "11",
            "title": "11. Release of payment.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 10
        },
        {
            "number": "12",
            "title": "12. Publicity for the Scheme.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 11
        },
        {
            "number": "13",
            "title": "13. Dues from liquidated societies.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 12
        },
        {
            "number": "14",
            "title": "14. Administrative guidelines.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 13
        }
    ],
    "metadata": {
        "Act ID": "Last Updated 10th February, 2020 [ass027]",
        "Act Number": "Published vide Notification No. Coop. 303/89/Part, dated 5th October, 1990 in the Assam Gazette Extraordinary No. 209, dated the 26th November, 1990 pages 1167-1173",
        "Enactment Date": "",
        "Act Year": "1990",
        "Short Title": "The Assam Agricultural and Rural Debt Relief Scheme, 1990",
        "Type": "STATE",
        "Location": "Assam"
    },
    "updated_at": "2026-09-29 21:55:19"
}