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PDMA PLAN
Pakistan claims India diverting Chenab water to Beas violation of IWTPakistan has accused India of violating the Indus Waters Treaty. India plans to divert Chenab river water to the Beas river. Pakistan state...- Pakistan: Indus River swells in Punjab's Kalabagh as monsoon rains trigger floodingHeavy monsoon rains and glacial melting have caused medium-level flooding at Kalabagh and killed at least 63 people in Punjab, Pakistan, Da...
- What all constitutes Public Debt & what is Debt-to-GDP ratio?Public debt arises when government expenditures exceed revenue, necessitating borrowing. India's central government liabilities, funded via...
- 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 labels agitation plan as illegal, but staffers ready to take mass casual leave, say union leadersReserve Bank of India employees and officers would observe mass casual leave on November 19 pan-India despite the plan being labelled as "i...
- RBI staff plans mass leave on November 19In the wake of the protest, settlement activity of the banking system of the country is likely to be disrupted on November 19.
- 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.
- Government to set up Public Debt Management Agency; will ensure smooth transition: Jayant SinhaThe government has said it is proposing to set up a Public Debt Management Agency (PDMA) and will ensure a smooth transition to the new sys...
- Amid calls for a weaker rupee, RBI's Raghuram Rajan says many in government want otherwiseCommerce & Industry Minister Nirmala Sitharaman and Chief Economic Advisor Arvind Subramanian have called for a weak currency in recent day...
- RBI's autonomy should be kept intact: Manmohan Singh"I've served in RBI. So, I know the importance of RBI. Its autonomy should be kept intact," Singh told reporters on the sidelines of an awa...
- Finance Ministry, RBI need to work in harmony: Manmohan Singh"I would like the two institutions to work in harmony," said Singh, who had served as RBI governor and then as Finance Minister before beco...
- 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...
- 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.
- RBI union lobbies government to keep public debt functionIt’s rare is when the trade union backs the management, especially ones that has been constantly against almost every move of the top execu...
- Are markets developed by regulators, or crooked geniuses like Mike Milken & Harshad Mehta“The evidence over the past 30 years both in India and abroad clearly favours an independent Public Debt Management Agency (PDMA),” says Az...
- Raghuram Rajan says he doesn't see debt management agency clipping RBI wingsTalking about the Budget, Rajan said there are lots of plans and intents in the key document and the RBI is going to watch how they are rol...
- PDMA, Monetary Policy Committee may reduce RBI powers: AnalystsThe move to set up a separate Public Debt Management Agency to manage public debt may reduce the powers of the central bank, says analysts.
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