<h1>Finance Bill 2015: Clauses on Public Debt Management Agency Withdrawn Amid RBI Concerns; Future Roadmap Under Development.</h1> The Finance Minister announced the withdrawal of clauses from the Finance Bill, 2015, concerning the establishment of the Public Debt Management Agency (PDMA) and amendments to the Reserve Bank of India (RBI) Act. These provisions aimed to transfer the regulation of government securities from the RBI to a separate agency. The government, in consultation with the RBI, plans to develop a roadmap for a future debt management agency, aligning with international practices. The decision to remove these provisions follows controversy and concerns raised by the central bank. A separate PDMA bill may be introduced in the future.