Section 45: Other forms of State aid to co-operative societies.

Notwithstanding anything contained in any law for the time being in force, the Central Government may—

(a) subscribe to the share capital of a co-operative society;

(b) give loans or make advances to co-operative societies;

(c) guarantee the repayment of principal and payment of interest on debentures issued by a co-operative society;

(d) guarantee the repayment of share capital of a co-operative society and dividends thereon at such rates as may be specified by the Central Government;

(e) guarantee the repayment of principal and payment of interest on loans and advances to a co-operative society; and

(f) give financial assistance in any other form, including subsidies, to any co-operative society.