Public Debt Management Cell (PDMC) manages India’s government debt, borrowing, risks and cash, while strengthening debt systems and preparing for the proposed PDMA.
The Public Debt Management Cell (PDMC) is an important part of India’s framework for managing government debt, covering borrowing, liabilities, cash management, debt sustainability and government securities markets.
About the Public Debt Management Cell
Public Debt Management Cell (PDMC) is an interim arrangement for managing and advising the Government on its public debt.
- It was established on 4 October 2016 under the Department of Economic Affairs (DEA), Ministry of Finance.
- It serves as a transitional arrangement before setting up an independent and statutory…