Sibal questions Moody's rating

Sibal questions Moody's rating

The Congress on Saturday upped its ante against the government over Moody's improving India's credit rating, saying the mood at ground and the report is contrasting.

Senior Congress leader and Rajya Sabha MP Kapil Sibal tweeted, "Contrast the mood at Moody's with the mood of the people . While you bask under their upgrade worry about livelihood millions have lost."

"Moody talks about sunshine tomorrow. We are worried about the dark clouds today," he added.

His comments came a day after US credit rating agency Moody's upgraded India's sovereign rating and changed the outlook for the country's rating from positive to stable.

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