Act Number: 44

Act Name: The Technology Development Board Act, 1995

Year: 1995

Enactment Date: 1995-12-16

Long Title: An Act to provide for the constitution of a Board for payment of equity capital or any other financial assistance to industrial concerns and other agencies attempting development and commercial application of indigenous technology or adapting imported technology to wider domestic applications and for matters connected therewith or incidental thereto.

Ministry: Ministry of Science and Technology

Department: Department of Science and Technology

Section 8: Grants and loans by the Central Government.
    The Central Government may, after due appropriation made by Parliament by law, in this behalf, make to the Board grants and loans of such sums of money as that Government may consider necessary.
Previous Section Next Section
Scroll to Top