Government further revises ceiling under MSS

Mumbai, Aug 8 (UNI) The Government, in consultation with the Reserve Bank of India (RBI), today further revised the ceiling for outstandings under the Market Stabilisation Scheme (MSS) for year 2007-08 to Rs 1,500,000 crore.

The threshold at which the ceiling will be reviewed in future will now be Rs 1,35,000 crore, RBI said in a statement.

UNI