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In force

The Damodar Valley Corporation Act, 1948

49 sections · As amended up to 2026-08

Sections

  1. 0Section 0
  2. 1Short title, extent and commencement
  3. 2Interpretation
  4. 3Incorporation
  5. 5Conditions of service of members
  6. 6Appointment of officers and servants
  7. 7Conditions of service of officers and servants
  8. 9General disqualification of all officers and servants
  9. 10Appointment of Advisory Committee
  10. 11Limits of Damodar Valley and area of operations
  11. 12Functions of the Corporation
  12. 13Provision for irrigation and water-supply
  13. 14Rates for supply of water for irrigation
  14. 15Rates for supply of water for industrial and domestic purposes
  15. 17Construction of dam, etc., prohibited except with the approval of the Corporation
  16. 19Effect on existing licences
  17. 21Other activities of the Corporation
  18. 22General powers of the Corporation
  19. 23Power to close roads and open spaces
  20. 24Powers under certain other enactments
  21. 25Co-operation with other authorities to minimise inconvenience caused by submersion
  22. 26Submersion of coal mines to be avoided by the Corporation
  23. 27Expenditure till the Corporation is established
  24. 29Fund of the Corporation
  25. 30Liabilities of participating Governments to provide capital to the Corporation
  26. 32Expenditure on objects other than irrigation, power and flood control
  27. 34Capital allocated to irrigation
  28. 35Capital allocated to power
  29. 37Disposal of profits and deficits
  30. 39Interest charge and other expenses to be added to and receipts taken for reduction of capital cost
  31. 40Provision for depreciation and reserve and other funds
  32. 41Corporation's share in betterment levy by State Governments
  33. 42Borrowing of money
  34. 43Liability to pay Central taxes
  35. 44Budget
  36. 45Annual repor
  37. 46Other annual financial statements
  38. 47Accounts and audit
  39. 48Directions by the Central Government
  40. 49Disputes between the Corporation and Governments
  41. 50Compulsory acquisition of land for the Corporation
  42. 51Control of Central Government
  43. 52Application of certain provisions of the Indian Forest Act, 1927, to the forests of the
  44. 54Procedure for prosecution
  45. 55Power of entry
  46. 57Protection of action taken under the Act
  47. 58Effect of other laws
  48. 59Power to make rules
  49. 60Power to make regulations