(1) Subject to the provisions of sub-section (2) of section 44 of this Act, the net profit, if any, attributable to each of the main objects, namely, irrigation and power shall be fully credited to the Corporation.
(2) The net deficit, if any, in respect of any of the objects shall be solely borne by the State Government.
(2) The net deficit, if any, in respect of any of the objects shall be solely borne by the State Government.
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Establishment of Vidarbha Irrigation Development Corporation.Section 4 · Constitution of Corporation.Section 5 · Executive Committee.Section 6 · Disqualifications for membership and removal of members.Section 7 · Meetings of Corporation.Section 8 · Constitution of committees.India Code, Government of India. Text fetched 25 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.