India pitches for rating upgrade by S
India pitches for rating upgrade by S My VIEW: This refers to the report “India Pitches for S&P Rating Upgrade on Strong Macro Data” (September 1). For a country like India, it does not give much comfort, if time and again top level politicians and bureaucrats have to beg better rating from rating agencies which have their own constituency interests. Such a situation arises because we have not developed in-house expertise to market the country’s strengths and explain the context of the nation’s weaknesses. At this stage of development, NITI Aayog should take the responsibility of marketing ‘Brand India’ in a convincing manner. This will need setting up a cent per cent Indian Rating Agency which will learn, understand and speak the language of international rating agencies. Gradually, we will understand our own strengths and weaknesses which will increase the pace of corrective action. The country’s domestic resources have not been mapped yet. This include surface