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Water crisis creates risk to India’s credit strength: Moody’s report Chandigarh
- Location: Chandigarh, Chandigarh, India
India’s growing water stress poses a threat to its sovereign credit strength and can erode the economy’s ability to withstand shocks, according to Moody’s Ratings.Strong economic growth, coupled with rapid industrialization and urbanization, are reducing the availability of water in the world’s most populous country, Moody’s analysts wrote in a report published Tuesday.
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