- Public Debt Management Cell is an interim arrangement before setting up an independent and statutory debt management agency namely the Public Debt Management Agency (PDMA).
- PDMC has the following advisory functions to the Government."
- Plan borrowings of the Government, including market borrowings, other domestic borrowings, SGBs
- Manage Central Government’s liabilities including NSSF, contingent liabilities.
- Monitor cash balances of the Government, improve cash forecasting and promote efficient cash management practices.
- Advise other Divisions in DEA on matters related to External Debt involving external borrowings through MI, Bilateral Co-operation, other possible sources, in terms of cost, tenure, currency, hedging requirements, etc., and monitor developments in foreign exchange markets.
- Foster a liquid and efficient market for Government securities
- Develop interfaces with various stakeholders/agencies in the regulatory/financial architecture etc. to carry out assigned functions efficiently.
- Advice on matters related to investment and capital market operations.
- Undertake research work related to new products development, market development, risk management, debt sustainability assessment, other debt management functions, etc.
- Develop a database system for collecting and maintaining comprehensive database of Government of India liabilities on a near real time basis and shall be responsible for publication of relevant information.
- Carry out Preparatory work for independent PDMA.
Status Paper on Government Debt and Quarterly Report on Public debt management (latest)
ViewWeekly issuance's and outstanding data on public debt (G-sec and T-Bills)
Status Papers on Public Debt Management (Old)
Data on Central Govt Debt - (SDDS)
Work allocation of Public Debt Management Cell (PDMC)
- Preparation of budget estimates for Appropriations “Interest Payment” & “Repayment of Debt”. (PDMC will give draft proposal/Statements to W&M Section).
- Preparation of liability statement of Receipt Budget. (PDMC will give draft proposal/Statements to W&M Section).
- Preparation of current rupee loan statement of the Central Govt. of the Receipt Budget (PDMC will give draft proposal/Statements to W&M Section).
- FAR & inclusion in international Bond indices.
- Coordination with various stakeholders (CGA/CCA etc.) for compilation/reporting of Government Debt statistics (all components including external debt, public accounts /NSS liabilities, EBRs etc.
- RTIs and Public Grievances related to Govt. Debt instruments and RBI references on various matters related to Govt. Schemes/Bonds.
