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Moody s lauds Modi govt s 2018 Union Budget, says it strikes balance between fiscal prudence and growth Moody s lauds Modi govt s 2018 Union Budget, says it strikes balance between fiscal prudence and growth The Revised Fiscal Consolidation Path Is Modestly Shallower Than The Previous Roadmap, But Does Not Fundamentally Alter India s Overall Fiscal Strength, Says William Foster, Vice President-Senior Credit Officer At Moody s. PTI | Updated on: 05 Feb 2018, 12:59:32 PM New Delhi: Credit agency Moody s has praised the Modi govt s Budget for 2018-19 stating that it strikes a balance between fiscal prudence and growth The rating agency added that a slight slippage in fiscal deficit has no material impact on overall economic strength. ....