Project Mining & Development

• To arrange for Meetings between the officials of the constituent state governments and their implementing agencies to explore and identify suitable infrastructure development projects for financing and to review progress of on-going Projects; and
• Follow up of the Minutes of Meeting particularly with regard to preparation and submission of Detailed Project Reports (DPRs) by the implementing agencies as identified during the Meetings or otherwise to the NCRPB for financial assistance.

Project Appraisal & Sanction

• To empanel / select of National Institutions / Consultants Experts for providing project appraisal services as per directions of Competent Authority,
• To get the DPRs received from the State Governments and their Implementing Agencies appraised from the selected Appraising agency / Consultants for providing Project Appraisal Services and all other work connected thereto,
• To prepare Agenda Notes for sanction of the appraised projects for placing before Project Sanction & Monitoring Group-I/II (PSMG-I/II) as the case may be,
• To convene the Meetings of PSMG and circulate agenda notes,
• To record the Minutes of the PSMG Meetings and circulation of the approved Minutes to all concerned, and
• To forward projects sanctioned by the PSMG alongwith the Minutes to the Finance & Accounts Wing for further processing of loan.

Project Monitoring

• To call for and compile Monthly and Quarterly Progress Reports in respect of On-going Projects,
• To process the loan installment release request of the implementing agencies and constitute verification teams based on project progress,
• To process the reports of the verification teams and obtain the approval of the Competent Authority for further loan release in co-ordination with Finance Wing,
• To organise verification of physical and financial completion of the Projects and process the reports of the verification team,
• To maintain databases of on-going and completed projects with regards to loan release and expenditure incured.