|
|
|
|
|
| (Rs. crore)
| | | Date | Minimum balance Total for States | Ways and Means limits (expressed as a |
|
|
|
| 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 | | | | | | | (78.0) | (42.66) | | | | | | | | | 5. | May 1, 1976 | 13.0 | 10 | 10 | | | | | | | (130.0) | (130.0) | | | | | | | | | 6. | October 1, 1978 | 13.0 | 20 | 10 | | | | | | | (260.0) | (130.0) | | | | | | | | | 7. | July 1, 1982 | 13.0 | 40 | 20 | | | | | | | (520.0) | (260.0) | | | | | | | | | 8. | October 1, 1986 | | | | | | | | | | | | | | | a) | April-September | 13.0 | 52 | 20 | | | | | | | (676.0) | (260.0) | | | | | | | | | | | b) | October-March | 13.0 | 48 | 20 | | | | | | | (624.0) | (260.0) | | | | | | | | | 9. | March 1, 1988 | 13.30 | 56 | 20 | | | | | | | (744.80) | (266.0) | | | | | | | | | 10. | November 1, 1993 | 13.30 | 84 | 32 | | | | | | | (1,117.20) | (425.60) | | | | | | | | | 11. | August 1, 1996 | 13.30 | 168 | 64 | | | | | | | (2,234.40) | (852.20) | | | | | | | | | 12. | March 1,1999 | ** | | ** | ++ | | | | | | | (3,685.00) | | | | | | | | | | 13. | February 1, 2001 | ** | | ** | ++ |
|
|
|
|
| (5,283.00)
|
|
The figures in brackets in columns 3 and 4 are the total monetary limits for all the States. | | | * | Secured Ways and Means Advances were occasionally granted on an ad hoc basis. | | | + | The increase of Rs.0.25 crore over the figure for 1967 was due to the fixation of minimum balances for four States viz. Himachal Pradesh, | | | | Manipur, Meghalaya and Tripura. There was no revision for other States. | | | ** | The minimum balance revised upwards linking it to the same base as for WMA. The base for the revised WMA limits will be three -year | | | | average of revenue receipts plus capital expenditure. | | | ++ | The limit for special WMA liberalised, no upper limit on special WMA. Special WMA to be provided against actual holdings of Government securities. |
|