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...

Date:

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.

Share post:

Subscribe

Popular

More like this
Related

How RBI Interest Rate Changes Affect Your Loans, EMIs and Savings

Imagine checking your bank statement and noticing that your...

Japan Stops Import of Indian Mangoes Over Pest-Control Concerns

Japan has temporarily suspended mango imports from India after...

Indian-Origin Groom Killed in Helicopter Crash Hours After Wedding in US

A joyful wedding celebration turned into a tragedy when...

India Changes Visa Rules: Foreigners Must Register Before 180-Day Stay Ends

The Central Government has changed immigration rules for foreigners...