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India's sovereign rating may be in question: Fitch Ratings

Art Woo, Director-Fitch Asia Sovereign Ratings, Fitch Ratings says the political struggle to pull in more votes may hinder the government's efforts at expenditure restraint; it may not succeed in curbing fiscal deficit. He said India's sovereign rating may be in question if fiscal deficit worsens.

December 11, 2013 / 10:12 IST
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Art Woo, Director-Fitch Asia Sovereign Ratings, Fitch Ratings says the political struggle to pull in more votes may hinder the government's efforts at expenditure restraint; it may not succeed in curbing fiscal deficit. He said India's sovereign rating may be in question if fiscal deficit worsens.

first published: Dec 11, 2013 10:12 am

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