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Water crisis may hit sovereign credit health: Moody’s – Times of India

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Water crisis may hit sovereign credit health: Moody’s – Times of India
NEW DELHI: Moody‘s on Tuesday said India’s growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest.
The water stress is worsening because of an acceleration of climate change, which is causing extreme climate, Moody’s said.





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