Ministry of Consumer Affairs, Food and Public Distribution
The Sugar Development Fund Act, 1982, is a legislative measure enacted to provide a dedicated fund for the development of the sugar industry in India. This Act establishes the Sugar Development Fund (SDF) and outlines the manner in which the fund will be applied, including providing loans and grants for modernization, rehabilitation, and research projects. The Act is crucial for promoting the growth and sustainability of the sugar industry and for ensuring the availability of sugar at fair prices. It also addresses various aspects of the sugar sector, such as the production, storage, and transportation of sugar and sugarcane.
Act Background and Ministry:
The Sugar Development Fund Act, 1982, was enacted by the Parliament of India. It was designed to create a fund for the development of the sugar industry. The Act falls under the purview of the Ministry of Consumer Affairs, Food and Public Distribution, Government of India.
Enactment Date, Number of Chapters, Number of Sections:
The Act was enacted on March 19, 1982. It is structured into 9 sections and has no formal chapters.
Act Governed By:
The Act is primarily governed by the Central Government, which has the power to administer the Sugar Development Fund, make rules for carrying out the provisions of the Act, and approve loans and grants. The implementation of the Act also involves the Committee constituted under the Act.
On Whom it is Applicable:
The Act is applicable to all sugar factories and other entities involved in the production, processing, and research related to sugar and sugarcane in India. It also affects the Central Government and State Governments in their roles related to the sugar industry.
Penalties/Punishments:
The Act does not specify any penalties or punishments for non-compliance. Instead, it focuses on establishing clear procedures for the management and application of the Sugar Development Fund.
Important Pointers:
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Sugar Development Fund: The Act establishes the Sugar Development Fund, which is credited with the proceeds of the duty of excise levied under the Sugar Cess Act, 1982.
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Application of Fund: The Act specifies how the Fund can be used, including for making loans and grants for the modernization of sugar factories, research projects, and other related activities.
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Loans and Grants: The Act outlines the procedures for applying for loans and grants under the Act.
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Committee: The Act provides for the constitution of a committee to ensure speedy consideration and disposal of applications.
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Annual Report: The Act requires the Central Government to publish an annual report on the activities financed under the Act.
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Power to Make Rules: The Act empowers the Central Government to make rules to carry out the purposes of the Act.
Act Copy: