Debt Management in India: Need for Separation and Independence

Debt Management in India: Need for Separation and Independence

A discussion of the long-standing proposal to establish a Public Debt Management Agency that would be independent of the central bank. There is need for a separation but there must be greater clarity than at present on the independence the agency will enjoy from the central government.

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Economic and political weekly 2014-06, Vol.49 (26/27), p.23-25
Hauptverfasser: KANAGASABAPATHY, K, SINGH, CHARAN
Format: Artikel
Sprache:eng
Schlagworte:
COMMENTARY
Debt management
Domestic debt
Financial liabilities
Government reform
Investment management companies
Liability management
Public debt
Securities management
State government
Time deposits
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Beschreibung
Zusammenfassung:A discussion of the long-standing proposal to establish a Public Debt Management Agency that would be independent of the central bank. There is need for a separation but there must be greater clarity than at present on the independence the agency will enjoy from the central government.
ISSN:0012-9976
2349-8846