The Economic Survey of India, 1997

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Selective Credit Controls on Bank Advances(%)
[TABLE 3.6]

 

     

Effective July 2, 1996

 

Effective October 21, 1996

     

Minimum Margins

Level of Credit ceiling1994-95
(Nov.-Oct.)

Minimum Margins

   

Mills/processing units

Others

Warehouse
receipts


Mills/processing
units

Others

Warehouse
receipts

1

Pulses

45

60

45

100

   

Exempt

2

Other foodgrains(other than paddy/rice ,wheat and pulses)

30

45

30

100

   

Exempt

3

Oilseeds (Viz. groundnut, rapeseed/mustard, cottonseed, linseed,castorseed and all imported oilseeds)

45

60

45

100

   

Exempt

4

Vegetable oils (viz. groundnut oil, rapeseed/mustard oil, cottonseed oil, linseed oil, castor oil vanaspati and all imported oils)

451

60

45

100

   

Exempt

5

Sugar

             
 

a) Buffer stock

0

     

0

 

Exempt

 

b) Unreleased stock

20

     

15

 

Exempt

 

c) Released stock

45

45

30

     

Exempt

6

Gur and khandsari

30

45

30

     

Exempt

7

Cotton and kapas

Exempt

30

30

110

   

Exempt

  1. — Not applicable

  2. Applicable to registered oil mills and Vanaspati manufacturers.

  3. Applicable to other than cotton mills including spinning mills.

 

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The Economic Survey Of India, 1997

Document released by the Ministry of Finance, Government of India, on 25th February, 1997.
Made available on the Web on the same day, by MediaWeb India, on
The Indian Economy Overview (http://www.m-web.com).

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