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Issue DateTitleSub-TitleAuthor(s)Journal NameVolume NumberIssue NumberPages
12-Jul-2014Debt management in India-Singh, Charan 

Abstract
Debt Management in India has been a concern for more than five decades and the focus, since 1971 has been on domestic debt and not on external debt, partially because of geo-political reasons, besides standard text book economic reasons. Post-crisis, given the difficult economic situation and blurring of debt management objectives with those of monetary policy resulted in a debate to bring the two functions under the same agency. In India, fiscal domination of monetary policy left very little flexibility for the Reserve Bank of India, to pursue a monetary policy conducive to the overall objective of development of financial markets, price stability and economic growth. Whereas, several countries with liberalized financial markets opted for a separate debt management office to focus on reducing cost of raising resources and providing effective policy signals to the market.
 
Keyword(s)
Economics
Financial management
Debt management
Project title
Debt management in India
Project Coordinator
 
Status
Completed
Expected Completion
02-07-2014