59. Government aid to multi-State Cooperative Societies.- Notwithstanding anything contained in any law for the time being in force, the Central Government or a State Government may, with a view to promoting cooperative movement - (a) subscribe to the share capital of a multi-State cooperative society; (b) give loans or make advances to a multi-State cooperative society; (c) guarantee the repayment of principal and payment of interest on debentures issued by a multi-State cooperative society; (d) guarantee the repayment of share capital of a multi-State cooperative society and dividends thereon at such rates as may be specified by the Central Government or the State Government; (e) guarantee the repayment of principal and payment of interest on loans advances to a multi-State cooperative society; (f) give financial assistance in any other form, including subsides, to any multi-State cooperative society. | 
