RBI review panel proposes 11.2% rise in Ways and Means Advances corpus for states and Union Territories
Economic Times reports the proposal would raise the aggregate corpus from ₹61,008 crore, effective January 9, 2026, to ₹67,839 crore. State-wise caps would be based on revenue receipts.
TLDR
Economic Times reports that an RBI review panel proposed raising the aggregate Ways and Means Advances corpus for state governments and Union Territories by 11.2%, from ₹61,008 crore to ₹67,839 crore. The current figure took effect January 9, 2026. The panel also recommended annual reviews, with upward revisions capped at 4% based on three-year accounts and no reductions to existing limits.
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