Agriculture, Agricultural Purpose, Cultivation of Land, Horticulture,
Agricultural Products, Pesticides, Sirdar, Regional Rural Bank, Agro-Service
ji~rtherto anzend the Uttar Pradesh Agricultural Credit Act, 1973.
IT IS HEREBY enactcd in the Fifty-sixth Year of the Republic of India as
- (1) This Act may be called the Ijttar Pradesh Agricultural Credit short titleand
(Amendment) Act, 2005.
(2) It shall be deemed to have come into force on September 13,2005.
Act no. 19 of 1973
- In section 2 of the Uttar Pradesh Agricultural Credit Act, 1973, hereinafter Amndment of
referred to as the principal Act, in clause (a) before the Explanation the following section of
proviso shall be inserted, namely :-
“Provided that the construction of a house for personal use in rural area on
abadi land or the repair, modernization or extension thereof and purchase, storage and
acqhisition of non-conventional or alternare energy plant and machinery or matters
connected therewith shall be deemed to be an agricultural purpose for the purposes of
Ordinance 2005 is hereby repealed.
(2) Notwithstanding such repeal, anything done or any action taken
under the provisions of the principal Act as amended by the Ordinance
referred to in sub-section (1) shall be deemed to have been done or taken
under the corresponding provisions of the principal Act as amended by this
Act as if this-Actwere in force at all material times.
STATEMENT OF OBJECTS AND REASONS
- (1) The Uttar Pradesh Agricultural Credit (Amendment) Ordinance, Repeal and
The Uttar Pradesh ~griculhlralCredit Act, 1973 (U.P. Act no. 10 of 1973) inter alia provides for
taking of loans from the Bank by Agriculturists for Agriculture and Agricultural purposes but the
construction of a house for personal use in rural area on abadi land or repair, modernisation or extension
thereof and purchase, storage and acquisition of non conventional or alternate energy plant and machinery
and matters connected therewith were not included in the definition of agriculture purpose due to which
the agriculturist could not get loans from the Bank for the said purposes. It was, therefore, decided to
amend the said Act to provide for taking of loans from the Bank by the agriculturists for the said purposes
Since the State Legislature was not in session and immediate legislative action was necessary to
implement the aforesaid decision, the Uttar Pradesh Agricultural Credit (Amendment) Ordinance, 2005
(U.P. Ordinance no. 8 of 2005) was promulgated by the Governor on September 13,2005.
This Bill is introduced to replace the aforesaid Ordinance.
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