*  *  *  The contributions of Shri N R V V M K Rajendra Kumar and Km. Renuka Balakrishnan of the Reserve Bank of India are gratefully acknowledged. 1. I am thankful to the Centre for Public Policy, Indian Institute of Management, Bangalore and Prof. Charan Singh in particular for inviting me to this conference.
As suggested by the organizers, I would like to share some thoughts on the strategy and structure of public debt management in India with the experts and enthusiasts gathered here. 2.