FM Sitharaman cites India's unblemished track record of fiscal consolidation to Moody's not changing ratings
- Posted on February 2, 2025
- By Business News Today
- 3 Views
![](https://img.etimg.com/thumb/msid-117856875,width-1200,height-630,imgsize-73962,overlay-economictimes/articleshow.jpg)
FM Sitharaman cites India's unblemished track record of fiscal consolidation to Moody's not changing ratings
![](https://img.etimg.com/thumb/msid-117856875,width-1200,height-630,imgsize-73962,overlay-economictimes/articleshow.jpg)
Finance Minister Nirmala Sitharaman highlights India's track record of meeting fiscal targets despite global challenges. She maintains a balance between fiscal prudence and growth by offering tax relief and outlining a fiscal deficit reduction path. Despite Moody's Rating not upgrading India, Sitharaman assures continued fiscal discipline and strategic capital expenditure to drive economic growth.