 financial memorandumclause 3 of the bill seeks to provide for the constitution of an infrastructure development board clause 6 of the bill seeks to constitute an infrastructure development fund clause 7 provides that central government shall release funds to the states for creation of infrastructural facilities therefore, the bill, if enacted, will involve expenditure from the consolidated fund of india it is likely that an annual recurring expenditure of about rupees fifty thousand crore may be incurred anon-recurring expenditure of about rupees one lakh crore is also likely to be involved  memorandum regarding delegated legislationclause 11 of the bill empowers the government to make rules for carrying out the purposes of this bill as the rules will relate to matters of detail only, the delegation of legislative power is of a normal character