Worried India rating may turn junk, govt pushed ‘narrative management’ strategy

AS the country fought the first wave of the Covid-19 pandemic in mid-2020, the Ministry of Finance’s economic division was drafting a strategy to counter the “negative commentary” on India by global think-tanks, indices, and media, amidst worries that this could lead to downgrading of sovereign rating to “junk”. In June 2020, then Principal Economic … Read more