Functions of the Committee.

The Committee shall perform the following functions, namely:- (1) to determine policies, programmes and priorities regarding public transport in urban area; (2) to monitor, evaluate and review the progress and proper utilization of funds; (3) to make suggestions and recommendations regarding generation of resources to support urban transport system and augmentation and maintenance of quality services; (4) to make decisions regarding raising of loans, floating of bonds and debentures and other resources for development of urban development services; (5) to explore possibilities and encourage the outsourcing of urban transport; (6) to work out modalities for funding the fund and to submit the same to the Government for approval; (7) to allocate amounts from fund for urban transport activities; and (8) any other functions which may be assigned by the Government.