India’s plan to rein in its funds deficit needs to be sufficient to boost the nation’s credit standing, the nation’s prime financial adviser to the federal government stated, regardless that the foremost ranking corporations stated they’re not prepared to take action.

“We believe the measures are more than adequate to get a credit ratings upgrade,” Chief Economic Adviser V Anantha Nageswaran stated in an interview Friday with Bloomberg TV’s Yousef Gamal El-Din. “There is enough in the budget to signal the government’s commitment to the path of fiscal prudence and stability and I hope the credit rating agencies will indeed take note of them.”