Financial accommodation for States/UTs
July 4 , 2024
59 days
158
- The aggregate ways and means advances (WMA) limit for State governments/ Union Territories (UTs) has been upped to ₹60,118 crore.
- The existing limit was ₹47,010 crore.
- The revised WMA limit is effective from July 1.
- The WMA aims to help states to tide over temporary mismatches in the cash flow of their receipts and payments.
![](https://www.tnpscthervupettagam.com/assets/home/media/general/original_image/4-553.jpg)
Post Views:
158