<h1>India Launches ARCL and CDMDF to Boost Corporate Debt Market, Enhance Liquidity, and Access Global Capital.</h1> The Union Finance Minister announced the launch of AMC Repo Clearing Limited (ARCL) and the Corporate Debt Market Development Fund (CDMDF) to enhance India's corporate debt market. These initiatives aim to improve liquidity and market depth, allowing companies, including startups, to access global markets through GIFT IFSC. The ARCL will facilitate efficient collateral management in the corporate bond repo market, while the CDMDF will act as a backstop during market disruptions, purchasing investment-grade debt securities. The government has also enabled direct listing on IFSC exchanges, promoting better valuations and access to global capital for Indian companies.