It is a great privilege and a feather in a cap in the Global in regard to the Economic reforms to Prime Minister Mr Narender Bhai Modi Government , Union Finance Minister Mr Arun Jaitley . As the International Rating Agency “Moody’s Investors Service” on Friday upgraded India’s sovereign rating by a notch in a ringing endorsement of the Narendra Modi government’s reforms policy. It is a great compliment that Moody’s raised the rating from the lowest investment grade of Baa3 to Baa2, and changed the outlook from stable to positive. It’s the first upgrade of India’s rating in 14 years. Backing the reforms initiated by the government in the last three years, Moody’s said in a statement, “The decision to upgrade the ratings is underpinned by Moody’s expectation that continued progress on economic and institutional reforms will, over time, enhance India’s high growth potential.”

Manoranjan Kalia 
Former State President B.J.P. Punjab 
Date 18 Th Nov 2017