(1) The Member Secretary of the Executive Committee shall, before the beginning of each financial year, initiate process of preparation of plans for short term and long term projects proposed to be undertaken by the Trust in the ensuing financial year, to be referred as the annual plan, including details of activities to be undertaken or to be completed during such time and expected time for completion of the projects and cost for such project.
(2) The annual plan shall contain all projects, programs, activities proposed to be undertaken by the Trust for achieving its objectives and shall have clearly demarcated milestones.