The government today pitched for a ratings upgrade from Fitch.
Top north block officials met officials from the rating agency and cited strong economic fundamentals to reiterate their demand for a sovereign rating upgrade, sources tell CNBC-TV18.
Fitch currently rates India as triple B minus, the lowest investment grade, though with a stable outlook.
The fact that government has kept the fiscal consolidation at 3.5 percent for FY18 and 3.3 percent for FY19 had not gone down well with the rating agencies.
However the government pitched by saying that they would stick to the glide path of fiscal consolidation, adding that tweaks were done due to GST.
Government also said that things have stabilized on GST front and were confident of GST revenues rising.
They also clarified that they are not in mood to privatize.
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