Section 55. Other forms of State-aid to cooperative societies

Subject to the rules made in this behalf, the State Government may- (a) give loans or make advances to co-operative societies ; (b) guarantee the repayment of principal and payment of interest on debentures issued by a co-operative society ; (c) guarantee the repayment of principal and payment of interest on loans and advances to a co-operative society ; and (d) give financial assistance in any other form including subsidies, to a co-operative society.