Also  •  •  Some monetary incentives to tribunals for bringing down the average duration of cases, without compromising on due process, could be contemplated. •  Some limit on the number of stays each party can ask for could also be thought of. •  Appeals to the DRAT should not be a matter of course.
I believe there is a quite a bit of synergy for the RBI to be doing the debt management, because raising resources of the size the government does in India, is not just a matter or raising resources, it has implications for interest rates, for liquidity for credit flow and for the macro economic situation.