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    <description>The publication records reaffirmation of India&#039;s Sovereign Credit Rating at the existing investment grade level with a stable outlook, premised on sustained long term growth despite a recent cyclical slowdown, rising domestic demand and favorable demographics. The stable outlook is conditioned on growth remaining strong over the next two years, maintenance of a sound net external position, and a fiscal deficit that stays broadly in line with the agency&#039;s forecast.</description>
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