Jurisdiction of the Board.

1. (1) The Board shall be a single point contact authority for all investments made in the State except the investments which have been prohibited by the Government through a notification, which meet the criteria of investment value not less than rupees five crore, excluding cost of land.
2. (2) Projects which have investment value less than rupees five crore may be

entertained by the Board and the Board may refer such proposal to the Sub-Committee constituted under section 17.