I-India to set up debt management office

India's Finance Minister Palaniappan Chidambaram (C) sits with his staff members before making the final touches to the interim budget for 2014/15 in New Delhi February 16, 2014. REUTERS/Adnan Abidi

NEW DELHI (Reuters) - India's Finance Minister P. Chidambaram said on Monday he would propose setting up a non-statuary public debt management office that could start from fiscal 2014/15.

Chidambaram was presenting an interim budget to tide public finances over until a new government is formed after elections due by May.