Powers of the state Government to administer the Fund

(i) The State Government shall have the power to administer the Fund and shall - (a) take such decisions regarding investment on projects of State road Development as it considers necessary; (b) take such measures as may be necessary to raise funds for the development of State roads; (c) allocate and disburse such funds as it considers necessary to the department / agency responsible for the development of State roads. (ii) (a) The State Government may constitute a Governing Body as may be prescribed for the management of the Fund. (b) The Governing Body constituted under clause (a) shall exercise such powers and discharge such functions, as may be prescribed.