Report of the Advisory Committee on Ways and Means Advances to State Governments
RBI press-release 2026-2027/1211 · 29 Sept 2026
RBI press-release 2026-2027/1211 · 29 Sept 2026
Summary
Check the official recordThe Reserve Bank of India publishes the Report of the Advisory Committee on Ways and Means Advances to State Governments. The Reserve Bank formed this committee under the leadership of Shri I S N Prasad. The committee reviewed the Ways and Means Advances limits for State Governments. It also reviewed other financial accommodation facilities for States. The Reserve Bank now examines the recommendations of the committee.
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September 29, 2026
Report of the Advisory Committee on Ways and Means Advances to State Governments
The Reserve Bank of India has today placed on its website the Report of the Advisory Committee on Ways and Means Advances (WMA) to State Governments.
The Reserve Bank had constituted an Advisory Committee, under the Chairmanship of Shri I S N Prasad, former Additional Chief Secretary, Government of Karnataka. The terms of reference of the Advisory Committee included, inter alia, review of State-wise WMA limits and other financial accommodation facilities available to the States.
The Committee has made various recommendations which shall be examined by the Reserve Bank.
(Brij Raj)
Chief General Manager
Press Release: 2026-2027/1211
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
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