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RBI keeps Normal Ways and Means Advances to the State Governments Unchanged for Fiscal 2012-13

The aggregate Normal Ways and Means Advances (WMA) limit for the State Governments inclusive of the Union Territory of Puducherry is placed at Rs.10,240 crore for the year 2012-13, the Reserve Bank of India stated today. The limits are unchanged from the last year's limits. Other terms and conditions of the Scheme would remain unchanged.  The decision was taken after a review of the State-wise limits of Normal Ways and Means Advances (WMA) for the year 2011-12.

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/1547

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