Moody’s has rated Modi’s handling of economy a step above junk, Rahul Gandhi taunted

Moody’s has rated Modi’s handling of economy a step above junk, Rahul...

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Moody’s has rated Modi’s handling of economy a step above junk, Rahul Gandhi taunted

New Delhi: Congress MP and former President Rahul Gandhi has taunted Prime Minister Narendra Modi over the declining economy. Rahul said that Moody’s has judged Modi’s efforts “worse than junk”.

Rahul Gandhi wrote on his official Twitter handle, ‘The way Modi is handling the economy,Moody’s has rated Modi’s handling of India’s economy a step above JUNK. Lack of support to the poor and MSME sector means that it is going to get worse.

The credit rating agency Moody’s on Monday reduced India’s sovereign (national) rating from ‘BAA2’ to ‘BAA3’. For the first time in the last 22 years, Moody’s has reduced India’s rating.

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