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        News and Press Release

        A Non–Statutory Public Debt Management Agency to be Established

        February 17, 2014

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        A non–statutory Public Debt Management Agency (PDMA)shall be established that can begin work in 2014-15. Presenting the Interim Budget 2014-15 the Union Finance Minister Shri P. Chidambaram said that pursuant to the announcement in the Budget speech of 2011-12, Government is ready with the Public Debt Management Agency Bill.

        Public Debt Management Agency to be established, with a Bill prepared to operationalise centralised debt management functions. Establishment of a non statutory Public Debt Management Agency is announced to commence operations in 2014-15, and the Government is ready with a Public Debt Management Agency Bill pursuant to a prior Budget commitment to professionalise and centralise debt management functions.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Public Debt Management Agency to be established, with a Bill prepared to operationalise centralised debt management functions.

                                Establishment of a non statutory Public Debt Management Agency is announced to commence operations in 2014-15, and the Government is ready with a Public Debt Management Agency Bill pursuant to a prior Budget commitment to professionalise and centralise debt management functions.


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