India deserves a better rating, says OECD

In a much-needed shot in the arm, global think-tank OECD today pitched for a rating upgrade for India and said global rating agencies had become "overtly cautious" and conservative in not revising India’s rating for last 14 years. "I believe India deserves a better rating," said Angel Gurria, Secretary General of the Organisation for Economic Cooperation and Development (OECD).