Delhi

Download Article   |  

Ratings downgrade, an overreaction

The downgrading of Indian sovereign rating by Standard''s & Poor''s and Fitch may be premature as India still enjoys high savings and investment ratios, strong human resources, and robust domestic consumption. However, a clutch of reforms is required to restore investor confidence.

 



Chandrajit Banerjee
[Director General]
DG's Office (DGOF)
Confederation of Indian Industry
Mantosh Sondhi Centre
23 Institutional Area
Lodi Road
New Delhi
Delhi
India-110003
Phone : 91-11-24629994-7; 1800 103 1244 (Toll Free)
Email : info@cii.in

Download CII App:
App Store Google Play