Table 20 : Limits for Ways and Means Advances to State Governments

RbiAnnouncementWeb

Published on May 10, 2004

LISTEN

PDF (7982)

(Rs. crore)
	Date		Minimum Balance Total	Ways and Means	limits	(expressed as a
			for States	multiple of the	minimum	balance)
				Normal / Clean	Special/Secured
	1	2		3		4
1.	April 1, 1937 (effective April 1, 1938)
	(Provincial Governments/Part A States)	1.95		1		*
				(1.95)
2.	April 1, 1953 (Part A and Part B States)	a)	3.94 on Friday	2	2.00 for each State
		b)	3.38 on days other than Friday	(7.88)
		c)	4.50 before repayment of Ways &
			Means Advances
3.	March 1, 1967	6.25		3		6
				(18.75)		(37.50)
4.	May 1, 1972	6.50+		12		6
				(78.00)		(42.66)
5.	May 1, 1976	13.00		10		10
				(130.00)		(130.00)
6.	October 1, 1978	13.00		20		10
				(260.00)		(130.00)
7.	July 1, 1982	13.00		40		20
				(520.00)		(260.00)
8.	October 1, 1986
	a) April-September	13.00		52		20
				(676.00)		(260.00)
	b) October-March	13.00		48		20
				(624.00)		(260.00)
9.	March 1, 1988	13.30		56		20
				(744.80)		(266.00)
10.	November 1, 1993	13.30		84		32
				(1117.20)		(425.60)
11.	August 1, 1996	13.30		168		64
				(2,234.40)		(852.20)
12.	March 1, 1999	41.04		3,941.00		++
13.	February 1, 2001	41.04		5,283.00		++
14.	April 1, 2002	41.04		6,035.00		++
15.	March 3, 2003	41.04		7,170.00		++