Why Moody’s downgraded India’s rating?

Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Why Moody’s downgraded India’s rating? What to study? For Prelims: What is Moody’s ratings? Implications of negative outlook? For Mains: Concerns and ways to address them.  Context: Moody’s Investors Service (“Moody’s”) has downgraded the Government of India’s foreign-currency and local-currency …