The Land Improvement Loans Act, 1883

The Land Improvement Loans Act, 1883 is an Indian law that provides for the grant of loans for the improvement of agricultural land. The Act was enacted with the objective of promoting agricultural development and improving the productivity of the land. Under this Act, any person who is the owner of agricultural land or a tenant cultivating such land, can apply for a loan for the purpose of making improvements to the land. The Act also provides for the establishment of a Land Improvement Fund, which is to be used for the grant of such loans. The Act provides for the repayment of the loan in installments over a period of several years, and also specifies the rate of interest to be charged on the loan.