Name the person who heads the advisory committee which recommends increasing the WMA limit by 30% from the current limit for all states & UTs for 1st half of FY21?
The RBI has constituted an advisory committee chaired by Sudhir Shrivastava to review the WMA limits for state government &Union Territories(UT), it has been decided to increase the WMA limit by 30% from the current limit (Rs 1.20 lakh crore) for all states & UTs which is effective from April 1, 2020 & is valid till September 30, 2020.
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