Prime Minister Dr. Manmohan Singh has said ratings downgrade by Moody's is a matter of concern, but one should not draw unwarranted conclusions.
Talking to reporters on the sidelines of Vice-President's swearing-in ceremony at the Rashtrapati Bhavan today, Dr. Singh said the fundamentals of the Indian economy were sound. He said investments and savings remained the highest. The Prime Minister exuded confidence that this year the Government would do still better to cross the growth rate of 6.5 per cent.

On being asked whether he would like Rahul Gandhi to join the Government, Dr. Singh said he would always welcome this.