Moody's Investors Service said India’s Baa2 negative rating is unlikely to improve given the economic shock triggered by the coronavirus outbreak.However, the report noted that the COVID-19 crisis has only exacerbated the impact of some of India’s existing evils.The $2.7 trillion economy, the seventh largest in the world, is riddled by low household income, high government debt, and weak policy reforms and implementation.Moody's Investors Service said India’s Baa2 negative rating — while cutting growth estimate for the year to 0.2% — down from our previous forecast of 2.5%. is unlikely to improve given the economic shock triggered by the coronavirus outbreak. Over the next five years, India’s government debt could be as high as 81% of the country’s gross domestic product, it said.However,