Growth is everything: Rising GDP is key to government debt sustainability. But don’t ignore spending

Credit rating agency Moody’s retained India’s sovereign rating at Baa3 with a stable outlook, indicating that it’s subject to moderate credit risk. Baa3 represents the medium-grade category. The rating is unsurprising. If anything, India’s resilience...

from Times of India Opinion https://ift.tt/lTJSDIy