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The Reserve Bank of India (RBI) has revised the aggregate Ways and Means Advances (WMA) limit for State Governments and Union Territories to ₹610.08 billion. Additionally, the WMA limit for the Government of the National Capital Territory of Delhi has been fixed at ₹8.90 billion, effective January 9, 2026.
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The Reserve Bank of India (RBI) has announced a revision in the Ways and Means Advances (WMA) framework for State Governments and Union Territories (UTs). This adjustment is designed to provide enhanced liquidity support, ensuring smoother fiscal management and bridging temporary mismatches in receipts and expenditures.
Key Highlights:
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Aggregate WMA limit revised to ₹610.08 billion for all State Governments and UTs.
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WMA limit for the Government of NCT of Delhi fixed at ₹8.90 billion.
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Effective date for the new limits: January 9, 2026.
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WMA serves as a short-term liquidity mechanism to support states in managing cash flow.
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The revision reflects RBI’s commitment to balancing fiscal discipline with financial flexibility.
This move underscores RBI’s proactive role in supporting state-level fiscal stability while maintaining macroeconomic balance.
Sources: Reserve Bank of India (RBI) Official Release, Business Standard, Economic Times
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