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 practice