The Indian government has been in a running battle with S&P Global Ratings, Moody s Investors Services, and Fitch Ratings as it thinks the sovereign rating assigned to the country is not a fair reflection of its economic strength.
Interim Budget exhibited fiscal discipline and intention to reverse deterioration of finances. It will be important to retain the positive momentum in the coming months, especially as the global growth environment enters a challenging phase
In a post-Budget interview with Rahul Joshi, Editor-in-Chief, Network18, the finance minister also said that jobs getting created outside the formal economy were
"Then PM Modi restored it all, put India on such a wonderful track towards becoming the third largest economy, so that all of us know what it took and what we shouldn't do in the future, hence this paper," FM Nirmala Sitharaman to CNN-News18