Section 8: Power of the Board

The Board shall have power-
[1997 No. 20.](a) to manage and supervise the implementation of the Programme at the Federal, State, local and ward levels;
(b) for the overall policy formulation and general administration of the Programme and act in the name of the Programme;
(c) to disburse the moneys allocated to the Programme to the participating banks;
(d) to arouse and sustain the interest of the Federal, State and local governments and the organised private sector in the activities of the Programme;
(e) to plan, monitor and evaluate the Programme;
(f) to provide appropriate application forms for registration of cooperative societies under the Programme;
(g) to issue credit guidelines on the recommendation of the National Technical Advisory Committee established by section 9 of this Act;
(h) to assign specific responsibilities to the Ministries and agencies represented on the Board;
(i) to liaise with international organisations on methods of effecting cooperation to promote the objectives of the Programme;
(j) to carry out such other activities as are necessary and expedient for the purpose of achieving the objectives of the Programme as set out in this Act.