Why India's sovereign rating is 'biased'
The economic Survey 2020-21 highlights the bias in India's credit ratings and states that never in the history of sovereign credit ratings has the fifth largest economy in the world been rated as the lowest rung of the investment grade (BBB-/Baa3)
Mudit Kapoor
- Jan 30, 2021,
- Updated Jan 30, 2021 6:15 PM IST
Countries occupying the spot of world's 5th largest economy in the past, were mostly rated AAA, but China and India are exceptions - China was rated A-/A2 in 2005 and now India is rated BBB-/Baa
Countries occupying the spot of world's 5th largest economy in the past, were mostly rated AAA, but China and India are exceptions - China was rated A-/A2 in 2005 and now India is rated BBB-/Baa
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