Act Number: 61

Act Name: The Khadi and Village Industries Commission Act, 1956

Year: 1956

Enactment Date: 1956-09-25

Long Title: An Act to provide for the establishment of a Commission for the development of Khadi and Village Industries and for matters connected therewith.

Ministry: Ministry of Micro, Small and Medium Enterprises

Department:

Section 4: Establishment and constitution of the Commission.
    (1) With effect from such date as the Central Government may, by notification in the Official Gazette, fix in this behalf, there shall be established a Commission to be called the Khadi and Village Industries Commission which shall be a body corporate having perpetual succession and a common seal, with power to acquire, hold and dispose of property and to contract, and may by the said name sue and be sued.
     1 [(1A) Save as otherwise provided under this Act and the rules made thereunder, the exercise of all powers and discharge of all functions under this Act, including general superintendence, direction and management of day-to-day affairs of the Commission, shall vest in the Commission.]
     2 [(2) The Commission shall consist of the following members appointed by the Central Government, namely:--
         (a) six non-official members 3 [having specialised knowledge and not less than ten years of experience of khadi or village industries] and representing such six geographical zones of the country, as may be prescribed;
         4 [(b) four non-official members of whom each member shall be from the following disciplines, namely:--
             (i) one member having expert knowledge and experience in Science and Technology;
             (ii) one member having expert knowledge and experience in Marketing;
             (iii) one member having expert knowledge and experience in Rural Development; and
             (iv) one member having expert knowledge and experience in Technical Education and Training.]
         5 [(ba) the Chairman of the State Bank of India constituted under sub-section (1) of section 3 of the State Bank of India Act, 1955 (23 of 1955) or an officer not below the rank of the Deputy Managing Director as may be nominated by the Chairman of the State Bank of India--ex officio;];
         6 [(c) a Chief Executive Officer, ex officio; and
         (d) a Financial Adviser, who shall also be the Chief Accounts Officer of the Commission, ex officio.]
         7 *                             *                             *                             *                             *
     (3) The Central Government may appoint one of the members appointed under clause (a) of sub-section (2) to be the chairman who shall be a full-time member.]
Notes:
1. Ins. by s. 3, ibid. (w.e.f. 15-5-2006).
2. Subs. by Act 12 of 1987, s. 4, for sub-sections (2) and (3) (w.e.f. 24-7-1987).
3. Subs. by Act 10 of 2006, s. 3, for "having specialised knowledge and experience of khadi and village industries" (w.e.f. 15-5-2006).
4. Subs. by s. 3, ibid., for clause (b) (w.e.f. 15-5-2006).
5. Ins. by s. 3, ibid. (w.e.f. 15-5-2006).
6. Subs. by s. 3, ibid., for clauses (c) and (d) (w.e.f. 15-5-2006).
7. The proviso omitted by Act 10 of 2006, s. 3 (w.e.f. 15-5-2006).
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