After S&P Rating Upgrade, BJP Attacks Rahul Gandhi Over "Dead Economy" Remark
The comment of Congress's Rahul Gandhi that India is a "dead economy" had backfired after S&P Global Ratings raised its long-term unsolicited sovereign credit ratings on India to 'BBB' from 'BBB-', and its short-term ratings to 'A-2' from 'A-3'. The upgrade reflects India's "buoyant economic growth, against the backdrop of an enhanced monetary policy environment that anchors inflationary expectations," S&P said. It brought massive jeers from the BJP, which questioned why Rahul Gandhi "roots for failure".
