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VIDEO INTRODUCTION:

Hi everybody,

Since the past 10 years, India has seen extraordinary economic growth!

This is inspite of Covid, inspite of the Russia ukraine war and inspite of the Israel Palestine war!

Now whenever this extraordinary growth happens, the most important benefit we get at the global level is better credit rating!
This is the ability to borrow more money both with loans and Bonds.

Because if you look at the most developed countries in the world, the core reason for their growth is nothing but debt!

You can see this phenomena with America, Japan, China and even Singapore which have debt levels which are more than 100% of their gdp.
But India only has a debt to gdp ratio of 81%.

And you know what?? Inspite of being the 5th largest economy in the world, inspite of being the fastest growing economy in the world inspite of having and inspite of never defaulting in our history, India’s credit rating in the world is so bad that, we are rated below countries like Peru, Philippines and even Kazakhstan!

This is the reason why We are being asked to pay 1000s of crores in extra interest, our foreign portfolio investment is heavily impacted and the Indian economy is losing crores in interest!

And if we want to become the 3rd largest economy, we have to eradicate this obstacle before it topples us! This is the reason why the Indian finance ministry has published an entire research paper on why these credit agencies need to change the way the look at India!!

So if you are a business student, a consultant, a UPSC student economics student or an investor, this is one of the most amazing case studies you will study!

So lets dive deeper and undertanad,

What exactly is a credit rating and why is it important?
Why is India being discriminated by these credit rating agencies?
How does it cost 1000s of crores to the economy of India?
What are the flaws that our ministry has pointed out?
And how are we trying to fix it?



Our Best Indian Business Case Studies:
1. Asian paints - https://youtu.be/jGT6ob8hV6M
2. Amul - https://youtu.be/nnwqtZiYMxQ
3. Haldiram - https://youtu.be/Z7P-t_yc8gE
4. Lijjat Papad - https://youtu.be/EdpoEmifW7M


✅Study Materials:

https://www.indiabudget.gov.in/budget2021-22/economicsurvey/doc/vol1chapter/echap03_vol1.pdf

https://www.spglobal.com/ratings/_division-assets/pdfs/021519_howweratesovereigns.pdf


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#credit #indiancreditcrisis #budget
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#thinkschool #businesscasestudy #geopolitics Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost.