The Gazette of India. Saturday April 3 1948 (Part V)

GOVERNMENT OF INDIA CONSTITUENT ASSEMBLY OF INDIA (LEGISLATIVE) The following Report of the Select Committee on the Bill to provide for the preparation and execution of land development schemes the reclamation of waste-land and the control of private furests and grass land in the Provinces of Delhi and Ajmer-Merwara was persented to the Constituent Assembly of India (Legislative) on the 20th Ma [...] the following particulars namely :— (1) the objects of the scheme; (ii) details of the area to be covered by the scheme ; (iii) the work or kind of work to be carried out under the scheme; (iv) the agency or agencies through which the work shall be carried out: (v) the approximate estimated cost of the scheme and the method of. [...] As it was the original intention of the Government that the Bill should be taken up for disposal by the Constituent Assembly (Legislative) in the form in which it emerged from the Select Committee and that. the changes necessitated ithe Bill as a result of the passing of the Indian Indpendence Act 1947 and other developments should be moved in the House as812 THE GAZETTE OF INDIA APRIL 3 [...] Clause 24.—The failure of a bank incorporated outside the Provinces of India which had the bulk of its deposits from the Provinces but the greater part of the assets outside the Provinces has brought out the necessity of protecing the interests of depositors in Indian Provinces by requiring such banks to maintain a reasonable proportion of their liability in the Provinces of India in the form o [...] in view of this and in the light of the experience gained by the Reserve Bank in connection with the inspection of banks for the purposes of section 42(6) of the Reserve Bank Act provision has been made for the inspection of a bank's books by the Reserve Bank on its own initiative or at the instance of the Central Goernment.