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Indian Tractor Industry – Monthly Update        Indian Sugar Sector: De-growth in domestic sugar consumption in SY2017 unlikely to affect price and profitability        Indian Mortgage Finance Market Update for 9MFY2017: Affordable housing segment to remain key growth driver Performance Review of Housing Finance Companies and Industry Outlook        Indian Construction Sector: Revival of irrigation sector backed by adequate funding support is a credit positive for construction companies        Apparel And Fabric Industry: Apparel And Fabric Industry In Knots Over Sluggish Exports, Demonetisation Woes        Half of the available indicators recorded improvement in February 2017, while an unfavourable base led to deterioration in some of the other indicators        Telecom Tower Sector: Growing Data Tenancies And Strong Financial Position Are Positives Despite Headwinds From Stress In Telecom Sector        INR rises to 16-month high on risk-on sentiment, lower crude prices; global risks, domestic earnings to dictate outlook        Indian Steel Industry: Sluggish domestic demand weighs down on steel prices        Indian Corporate Sector: Trends & Outlook       
 
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Indian Sugar Sector: De-growth in domestic sugar consumption in SY2017 unlikely to affect price and profitability
Indian Tractor Industry – Monthly Update
Half of the available indicators recorded improvement in February 2017, while an unfavourable base led to deterioration in some of the other indicators
Indian Construction Sector: Revival of irrigation sector backed by adequate funding support is a credit positive for construction companies
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PUBLIC FINANCE RATING

ICRA's Public Finance Ratings cover sovereign and sub-sovereign entities, State governments,and local bodies like municipal corporations, municipal councils and area development agencies. While the ratings assigned, are relative to that of the Union government, which is taken as highest safety, the performance of the State government concerned is benchmarked against that of the universe of major States. ICRA's primary focus being forward looking, we emphasises fiscal management and policy objectives of the government in the coming years and the possible impact of the same on future revenues and expenditure, the budget plan, likely capital expenditure, and future borrowing needs. ICRA's process for assigning State Government Ratings involves analysis of the underlying economy of the State and a detailed study of state finances including budgetary and off-budgetary transactions. The analysis includes comparison with respect to peer States on socio-economic parameters such as social development indicators, composition of GSDP, sectoral rates of growth, income levels, and investment activity. Besides, ICRA's temporal and peer group analysis of State finances covers quality and stability of revenues, expenditure management, analysis of debt outstanding, liquidity position, and quality of governance.

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