Board shall be responsible for (1) all matters connected with the
administration of the Welfare fund (2) laying down policies for the
deposits of the amount of the fund (3) submission of annual budget
to the Government for sanction (4) submission of annual reports to
the Government on the activities of the Board (5) speed settlement
of claims and sanction of advances and other benefits (6) proper and
timely recovery of any amount due to the Board.