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Backed by Moody’s rating upgrade and 30-spot rise in ‘ease of doing business’, the central government is mulling over a plan to next come up with “1 billion-1 billion-1 billion” connectivity vision.
As per a report in media, the program aims at linking one billion bank accounts to one billion Aadhar numbers and one billion mobiles.
Nevertheless, there are no immediate deadlines put in place to achieve the target.
Pinning faith in the continued progress on economic front backed by institutional reforms, Moody’s investor services lifted the Government of India`s local and foreign currency debt ratings to Baa2 from Baa3.
The rating agency said that the reforms will improve the business climate in the country and raise productivity.
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