Section 50
Grants by Central Government.
About this Act
An Act to provide, keeping in view of the economic development of the country, for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers and to ensure freedom of trade carried on by other participants in markets, in India, and for matters connected therewith or incidental thereto.
The Central Government may, after due appropriation made
by Parliament by law in this behalf, make to the Commission grants of such sums of money as the
Government may think fit for being utilised for the purposes of this Act.