Fund.

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..... ) The Fund shall be applied for meeting the expenses on objects and for the purposes authorised by this Chapter. - Clauses 118 to 142 of the Bill seeks to insert a new Chapter VII in the Finance Bill, 2015 which deals with the Public Debt Management Agency. The said Chapter proposes-- (a) to empower the Central Government to establish an Agency called Public Debt Management Agency with a view to m .....

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..... debt; (d) to provide that the Central Government shall entrust the Agency with the issue of Government securities; (e) to provide that the Agency shall be responsible for making the payment to holders of Government securities in accordance with the terms of such Government securities; (f) to empower the Central Government to issue directions to the Agency from time to time; and (g) to exempt the .....

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