Debt Management Office Current Affairs, GK & News
NITI Aayog has made strong case for setting up independent Debt Management Office for better servicing of loans that will lead to substantial reduction in India’s interest payment. At present, government debt, including market borrowing, is managed by Reserve Bank of India (RBI). Setting up independent Debt Management Office will help to resolve issues relating ..
The Reserve Bank of India (RBI) showed concerns on separation of Debt Management Office (DMO) from Central Bank. The government had proposed to make DMO an independent body under the ambit of finance ministry. This would be accountable for managing the government’s borrowing programme. With the increased government’s borrowings over the last few years the ..