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Section 37
The Uttar Pradesh Nodal Investment Region for Manufacturing (Nirman) Kshetra Act, 2024Uttar Pradesh

Section 37. Power of the NIRMAN Kshetra Authority to borrow and raise loans

37. Subject to approval of the Board, a NIRMAN Kshetra Authority may borrow and raise loans from any source including by issue of bonds, debentures and other instruments for carrying out the purpose of this Act or for servicing any loan obtained by it, up to such limits and on such rates and other conditions as the State Government may specify.