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
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FM Sitharaman cites India's unblemished track record of fiscal consolidation to Moody's not changing ratings

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.
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