new delhi apr 24 japanbased ratings agency rating and investment information ri will hold consultations with senior finance ministry officials tomorrow as part of its annual exercise to review indias sovereign credit rating ri last year had assigned bbb investment grade rating to india with a stable outlook which primarily indicate that the country has sufficient creditworthiness but need to focus on certain factors in view of changing global environment the representatives of ri are coming to india for consultations the ministry will showcase the steps being taken to contain fiscal deficit and promoting growth on sustained basis a finance ministry official said tokyoheadquartered ri is one the six global rating agencies including standard poors moodys and fitch which assigns sovereign rating to india after consultation with the government officials the other two agencies are japans jcr and canadas dbrs fitch and sp have assigned their bbb ratings the lowest investment grade to india moodys has assigned baa3 rating to india from the finance ministrys side the official said the meeting will be attended by economic affairs secretary shaktikanta das and chief economic advisor arvind subramanian the ministry will also talk about declining inflation and the recent initiatives with regard to subsidies reduction programme and the commitment of the government to ensure a predictable tax regime it will also highlight the steps being taken to improve ease for doing business generating jobs and self employment opportunities through programmes like make in india start up india and stand up india it will also mention streamlining of the foreign direct investment regime jd cs mr abm