Annexure II : Limits for Ways and Means Advances to State Governments - आरबीआई - Reserve Bank of India
Annexure II : Limits for Ways and Means Advances to State Governments
(Rs. crore) |
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Date |
Minimum Balance |
Ways and Means limits (expressed as a |
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Total for States |
Multiple of the minimum balance) |
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Normal/Clean |
Special/Secured |
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1 |
2 |
3 |
4 |
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1. |
April 1, 1937 (effective April 1, 1938) |
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(Provincial Governments/Part A States) |
1.95 |
1 |
* |
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(1.95) |
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2. |
April 1, 1953 (Part A and Part B States) |
a) 3.94 on Friday |
2 |
2.00 for each State |
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b) 3.38 on days other |
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than Friday |
(7.88) |
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c) 4.50 before repayment |
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of Ways & |
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Means Advances |
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3. |
March 1, 1967 |
6.25 |
3 |
6 |
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(18.75) |
(37.50) |
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4. |
May 1, 1972 |
6.50 + |
12 |
6 |
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(78.00) |
(42.66) |
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5. |
May 1, 1976 |
13.00 |
10 |
10 |
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(130.00) |
(130.00) |
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6. |
October 1, 1978 |
13.00 |
20 |
10 |
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(260.00) |
(130.00) |
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7. |
July 1, 1982 |
13.00 |
40 |
20 |
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(520.00) |
(260.00) |
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8. |
October 1, 1986 |
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a) |
April-September |
13.00 |
52 |
20 |
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(676.00) |
(260.00) |
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b) |
October-March |
13.00 |
48 |
20 |
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(624.00) |
(260.00) |
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9. |
March 1, 1988 |
13.30 |
56 |
20 |
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(744.80) |
(266.00) |
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10. |
November 1, 1993 |
13.30 |
84 |
32 |
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(1117.20) |
(425.60) |
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11. |
August 1, 1996 |
13.30 |
168 |
64 |
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(2234.40) |
(852.20) |
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12. |
March 1, 1999 |
41.04 |
3941.00 |
++ |
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13. |
February 1, 2001 |
41.04 |
5283.00 |
++ |
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14. |
April 1, 2002 |
41.04 |
6035.00 |
++ |
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The figures in brackets in columns 3 and 4 are the total limits for all the States. |
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* |
Secured Ways and Means Advances were occasionally granted on an ad hoc basis. |
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+ |
The increase of Rs.0.25 crore over the figure for 1967 was due to the fixation of minimum balances for four States viz. Himachal Pradesh, Manipur, Meghalaya and Tripura. There was no revision for other States. |
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++ |
The limit for special WMA liberalised, no upper limit on special WMA. Special WMA to be provided against actual holdings of Government securities. |