Internal and External Debt — Mains Questions

Analyze the strategic implications of India's debt composition with 80% internal debt and 20% external debt. Discuss the advantages and challenges of this composition in the context of fiscal policy effectiveness and macroeconomic stability.

Evaluate the role of institutional framework in India's debt management, particularly the relationship between the Ministry of Finance and RBI. Should India establish a separate Debt Management Office (DMO)?

Examine the implications of India's planned overseas sovereign bond issuance for the country's external debt profile and overall debt management strategy. What are the potential benefits and risks?