The Central Road Fund Act, 2000
Chapter III
Management of Central Road Fund
9. Powers of Central
Government to administer the Fund.-
1.
The
Central Government shall have the power to administer the Fund and shall-
a. take such decisions
regarding investment on projects of national highways and expressways as it
considers necessary;
b. take such measures as
may be necessary to raise funds for the development and maintenance of the
national highways;
c. allocate and disburse
such sums as are considered necessary, to the concerned departments responsible
for the development and maintenance of-
i.
national
highways;
ii.
rural
roads;
iii.
State
roads; and
iv.
construction
of roads either under or over the railways by means of a bridge and erect
suitable safety works at unmanned rail-road level crossings.