Panel proposes 11.2% rise in RBI WMA corpus to Rs 67,839 crore
In short
A panel has proposed raising the RBI’s ways and means advances corpus by 11.2% to Rs 67,839 crore.
It also wants the corpus reviewed every year, with any increase capped at 4% and based on the last three years of accounts. This could change how the government borrows for short periods, but the final decision is not stated.
What the reporting says
A panel proposed raising the RBI’s ways and means advances corpus by 11.2% to Rs 67,839 crore. The same reporting says the panel recommended an annual review of the WMA corpus, with any upward revision capped at 4% and based on the last three years of accounts, while the existing limit would not be reduced. The immediate consequence is a possible change in short-term government funding flexibility, but the final decision is not stated.
Why it matters
The panel’s proposal would lift the RBI’s ways and means advances corpus to Rs 67,839 crore, with annual reviews and a 4% cap on upward revision. That matters for the government’s short-term borrowing buffer and for RBI-linked liquidity management. The reporting does not say when the proposal will be approved or whether any other terms will change.