The Economic Survey 2020-21 highlights the issue of the adverse rating given by international credit rating agencies to emerging economies. Examine the basis used in the Economic Survey in support of the argument. Also, suggest on what basis India should make the argument against the rating given by the international credit rating agencies. 10 marks

Mentor’s comment- https://www.livemint.com/opinion/quick-edit/economic-survey-india-s-unfair-credit-rating-11611922958312.html In the intro, mention the importance of rating given by these credit rating agencies to attract investment. … Continue reading The Economic Survey 2020-21 highlights the issue of the adverse rating given by international credit rating agencies to emerging economies. Examine the basis used in the Economic Survey in support of the argument. Also, suggest on what basis India should make the argument against the rating given by the international credit rating agencies. 10 marks