Pakistan: 13 more dead in Khyber Pakhtunkhwa, toll from rains goes up to 59Severe weather conditions in Khyber Pakhtunkhwa have led to a surge in the death toll to 59, with nearly two dozen lives lost in a single d...
Independent public debt management agency by 2018-endCurrently, the PDMC has only advisory functions to avoid any conflict with the statutory functions of the RBI. The Joint Secretary (Budget)...
Government agency to take away RBI's debt management roleThe setting up of the PDMA (Public Debt Management Agency) had triggered a conflict between the Centre and the central bank under Rajan.
Centre sets up interim body to oversee public debt management“The PDMC shall be upgraded to a statutory PDMA in about two years,” the finance ministry said in a statement on Wednesday while announcing...
Finance Ministry sets up debt management cell; to become PDMA in 2 yearsThe Middle Office of the Budget Division in the ministry will be subsumed into PDMC "with immediate effect", a Finance Ministry circular sa...
RBI unions write to MPs, state FMs against PDMAJaitely in the 2016 Budget proposed to divest the public debt management functions from the RBI by setting up a separate body under the fin...
Finance Ministry puts RBI staff issue before PDMA structureThe finance ministry for the time being has put on the backburner a proposal to set up an independent office to manage the central governme...
Government to soon decide Monetary Policy Committee structure: Shaktikanta DasHe said the government will also firm up its plan for setting up a non-statutory public debt management agency (PDMA) in the next fortnight.
Finance Ministry seeking other ministries' comments on shell PDMA"A draft Cabinet note on shell public debt management agency has been circulated for seeking inter-ministerial comments," sources said.
Consensus between government, RBI on monetary policy panel and PDMA reached : Finance MinistryThe government and the Reserve Bank have reached a consensus on the structure for the proposed Monetary Policy Committee and PDMA.
I am happy to let it go to the government: Raghuram Rajan on PDMARajan said there was no reason for RBI to manage public debt and he would be happy if the debt management function goes to the govt.
Government to set up Public Debt Management Agency in 'phased manner'Sources said the government plans to proceed with the setting up of PDMA in a "phased manner" to ensure that the transition is smooth and t...
Government withdraws proposal to set up independent debt management bodyThere were significant differences between the RBI and the finance ministry over the proposal and the consequence loss of some regulatory p...
RBI vs Government: FM Arun Jaitley sticks to plan for PDMA but ready to grant control over government bond marketFinance ministry officials have stood by the plan to set up an independent PDMA to manage the government’s borrowings and outstanding debt.
Setting up of PDMA will help RBI to pursue inflation targeting: Ajay Shah, NIPFPThere is very large statutory liquidity ratio. The banks are just being forced to buy the bonds. It is not really an honest investment bank...
Rift over Budget proposals: Finance Ministry, RBI not on same page over debt managementThe RBI and the ministry remain at odds over fixing interest rates and switching oversight of the govt bond market from RBI to the market r...
Erstwhile RBI board advised shifting government Debt Management to Public Debt Management AgencyThe then RBI governor Bimal Jalan had communicated central bank’s decisions while pitching for moving debt functions to a company, accordin...