Duties and Functions

1. To prepare an inventory of the available and potential resources of the State's and study the possibilities of augmenting and improving such resources.
2. To prepare a perspective plan for the state for the next 15-20 year for the optimum and balanced utilization of the State resources and indicate plan priorities.
3. To advise the Government regarding the formulation of annual and five year plans.
4. To review the progress of the implementation of development Schemes and to ascertain the factors which impact economic development of the State and to also suggest the conditions required to be fulfilled for effective implementation of development schemes.
5. To make such other activities as may be assigned to the Board from time to time and to make suitable recommendations to the State Government in discharge of the functions assigned to it or on its own keeping in view the prevailing economic conditions.