7.The objects of the Board shall be -
(a) to promote employee ownership, employee welfare, economic democracy through participation in financing and investment; |
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(b) to promote the employee participation in management through the acquisition of equity interest in enterprises : |
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(c) to provide for non-contributory benefit to employees on retirement; and |
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(d) to do all such other acts or things as may be necessary for, or conducive to, the attainment of the objects specified in paragraphs (a), (b) and (c) of this section. |
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