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of <h1>Finance Bill 2015: Reserve Bank to Support Public Debt Management Agency; Senior Citizens' Welfare Fund Introduced.</h1> Clause 142 of the Finance Bill, 2015 mandates the Reserve Bank to provide necessary information and assistance to the Public Debt Management Agency, ensuring the Agency can perform its duties without disruption. The Bill proposes establishing the Agency to manage public debt efficiently, under the Central Government's oversight. The Agency's responsibilities include managing government securities and public debt transactions. It will be governed by a Board appointed by the Central Government and will be exempt from taxes. The Bill also introduces provisions for a Senior Citizens' Welfare Fund.
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