RBI keeps normal WMAs to states unchanged for FY14

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 2013-14, said a release issued by Reserve Bank of India.

The limits are unchanged from the last year’s limits.

The decision was taken after a review of the state-wise limits of normal WMA for the year 2012-13.