India lauded by emerging markets globally: MoS Finance

Rating agency S&P has re-affirmed India's 'BBB-/A-3' rating with a stable outlook. In an interview with CNBC-TV18, Santosh Kumar Gangwar, MoS for Finance says India has maintained its pace of reforms and is being praised among all the emerging markets globally.He says India is strengthening its position globally and is optimistic about India's prospects in the future.The world is facing a recession, but India is doing well, he says. India will continue to develop thanks to the Goods and Services Tax.Watch video for more.