Both the minimum balances and the “multiples” to obtain the Normal WMA limits, were revised upwards a number of times (though not necessarily at the same time) over the years. There have been strong demands from several States, from time to time, for upward revision of the WMA limits.
RBI had taken the view that WMA is meant for meeting the temporary mismatches in the cash flows and hence, any upward revision in the WMA limits to meet  BIS Review 105/2007  5  structural deficits of the States is inappropriate. The matter remained a contentious issue for some time.