Rating Agency Moody's Mood - Opinion that there are no concrete measures to increase revenue in the budget

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New Delhi, February 1, 207, Tuesday

The fourth consecutive budget presented by Nirmala Sitharaman as the Finance Minister in Parliament is getting various responses. Leading rating agency Moody's has described Sitharaman's budget as lacking any concrete measures to boost revenue. According to Moody's, the fiscal deficit forecast suggests that the government is relying more on strong growth to boost revenue. According to the information received, the government aims to reduce the fiscal deficit to 7.5 per cent from 5.5 per cent in FY 2011-12. However, India's commitment to reduce carbon emissions was lauded in the context of the budget at a time when climate change is a major challenge in the wake of rising carbon emissions.

What are the bonds and credit rating moody's in 12 countries?


Moody's Investors Service Moody's Corporation is a bond and credit rating company, abbreviated as Moody's. The American company was founded in 1908. The company's founder, John Moody, aimed to show the stock market and bond ratings. The Moody's Investor Service Bond market is rated on the basis of the borrowing and repayment capacity of any country based on the finances of the government and investors. Moody's releases credit ratings of 12 countries A total of 1,200 people in 8 countries work for Moody's ratings through data analysis.

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