Amendment status not verified — confirm the current text below against the official source.
Functions of the Board. Subject to the provisions of this Act, the Board shall have the following functions, namely: — (a) approve the selection of eligible projects for financial assistance through the Fund; (b) authorize the mobilization of resources for augmentation, maintenance and utilization of the Fund; (c) approve the public agency which shall implement a project through public sector mode or through a Public-Private Partnership; (d) co-ordinate the efforts of the Government, any public agency and sponsoring agencies in matters regarding the development of the infrastructure in the State including Public-Private Partnership projects; (e) identify sources of financing, and approve suitable modes of raising resources; (f) identify bottlenecks in the Projects and recommend policy initiatives to rectify the same; (g) formulate and recommend policies related to eligible projects so as to ensure that project risks are identified and allocated between the stakeholders; (h) perform such other functions as may be entrusted to it by the Government.