Old wine in a new bottle Posted on May 5, 1997 by Uttam Gupta Old-wine-in-a-new-bottle Tags: 'RBI's autonomy', 'govt securities', 'ways & means advances (WMA)', 'overdraft', 'interest', 'revenue vs expenditure', ad hoc treasury bills, 'fiscal discipline', 'primary issue', 'ceiling on borrowings', Union Budget'