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Narendra Modi govt did not try to influence rating agency: Venkaiah Naidu 

There is no question of the government influencing anybody, we are just trying to place the facts before them, the Union Minister said.

Published: 29th December 2016 06:18 PM  |   Last Updated: 29th December 2016 06:18 PM   |  A+A-

Image used for representational purposes only. (File photo

Image used for representational purposes only. (File photo

By IANS

NEW DELHI: Union Information and Broadcasting Minister M Venkaiah Naidu on Thursday rejected a media report claiming the Narendra Modi government lobbied with an international rating agency for an upgrade.

"I have read the report," said Naidu to request for comments on international news agency Reuters' report "How India lobbied Moody's for ratings upgrade, but failed". 

Defending the government, he said: "Any agency makes its ratings on the basis of information made available to them. So, what is wrong if any concerned ministry or department tried to make available any information to them?"

"At the end of the day, rating is done by them (agency). There is no question of the government influencing anybody, we are just trying to place the facts before them." 

"Several agencies have increased our ratings in many parameters like ease of doing business etc. Its a periodical review and as and when things happen, we try to place those facts before them," Naidu added. 
 



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