Government fiscal prudence supports credit ratings: Fitch
Jan 13 2014 , Mumbai
"I think the authorities generally have resisted the temptation to engage in fiscal pump-priming ahead of the elections this year, which is supportive for the credit profile," said Andrew Colquhoun, Head of Asia-Pacific Sovereign Ratings for Fitch Ratings, said in a teleconference.
Colquhoun added the ratings agency will assess the next government's policy strategies will be important to determine the country's future sovereign ratings.
Fitch has rated India "BBB-minus" with a "stable" outlook.