RBI had announced an increase in the WMA limit of the States on April 1, 2020. With a view to providing greater comfort to the States to undertake COVID-19 containment and mitigation efforts and enable them to better plan their market borrowings, it has been decided to
increase the WMA limit of the States by 60% over and above the level as on March 31, 2020
(Yogesh Dayal) Chief General Manager
Press Release: 2019-2020/2233
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