Amendment status not verified — confirm the current text below against the official source.
The State Government shall be responsible for the (i) administration and management of the Fund;(ii) co-ordination, completion and timely utilization of all sums allocated out of the Fund; (iii) sanction of schemes for development of State Roads in such manner, as may be prescribed: (iv) formulation of criteria on the basis of which the specific projects of development of State roads shall be approved and financed out of the Fund; and (v) release of funds to the departments or organizations for specific projects of State roads development and monitoring of such projects and the expenditure incurred thereon.