Who’s afraid of monetisation of the deficit?


Moody’s has recently downgraded India’s ranking from Baa2 to Baa3. Further Moody’s has given the rationale that it has not included the economic impact of the pandemic and the downgrade is due to India’s fundamental before the onset of the pandemic and the extended lockdown with which India has responded. This downgrade should come as an awakening call for the government.

Click to read the article



Be the first to comment

Leave a Reply

Your email address will not be published.