Structural weaknesses persist: low GDP per capita, exposure to external shocks and natural disasters, and governance metrics that lag behind ‘BB’-category peers.
The agency emphasises that sovereign ratings have so far remained resilient, but this could change as climate shocks translate into sustained output losses, fiscal weakening, or political instability.
The government has committed to implementing the recommended measures proposed by the rating agencies and is actively working on cost-cutting strategies within state-owned enterprises...
The Ukraine crisis will have serious repercussions for the Indian economy, which is still struggling with post-COVID-19 recovery.
The Indian economy expanded 5.4 per cent...
Officials from the Thromde and national agencies continue assessments, with calls for enhanced collaboration between government, development partners like ADB and UNDP, and local residents.
Officials from the Thromde and national agencies continue assessments, with calls for enhanced collaboration between government, development partners like ADB and UNDP, and local residents.