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S&P has always been very pessimistic on India: T C A Anant

Interview with Chief Statistician, Government of India

T C A Anant, the Union government’s chief statistician, thinks global rating agency Standard & Poor’s (S&P) does not fully understand our economy’s structure, comprising a large unorganised sector as well. He tells Dilasha Seth industrial growth in April is not encouraging, but not disappointing. However, capital goods and mining continues to be areas of concern. Edited excerpts: How would you react to Standard & Poor’s statement that India could be the first among BRIC members to see junk ratings? S&P worries me. It has always been very pessimistic ...