The Indian economy is expected to witness an average GDP growth of 7.3% over 2020-22, says a Morgan Stanley research report.<\/p>\n
According to the global financial services major, the structural growth story in India remains strong from a medium term perspective.<\/p>\n
\u201cThe uptick in the private capex cycle, which we anticipate will begin in 2018, will ensure that the economy enters into a sustained and productive growth cycle,\u201d Morgan Stanley said in a research note, adding that over 2020-22, it expects the economy to post an average GDP growth of 7.3%.<\/p>\n
Moreover, the overall policy mix will also remain supportive of a further improvement in productivity, which will help keep macro stability risks limited, it added.<\/p>\n
The global brokerage expects recovery in private capital spending in 2018 which will aid in overall economic recovery.<\/p>\n
Moreover, corporate returns expectations and balance sheet fundamentals are also improving, and a strengthening financial system will be able to meet investment credit demand.<\/p>\n
\u201cThis sets the stage for a fully fledged recovery in 2018, and we expect real GDP growth to accelerate from 6.4% in 2017 to 7.5% in 2018 and further to 7.7% in 2019,\u201d it said.<\/p>\n
On prices, the report said the cyclical growth recovery and normalising food prices are expected to drive a pick-up in headline inflation.<\/p>\n
\u201cAgainst the backdrop of a better macro outlook, we expect the RBI to hike in the second half of fiscal year 2019,\u201d it added.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Indian economy is expected to witness an average GDP growth of 7.3% over 2020-22, says a Morgan Stanley research report. According to the global financial services major, the structural growth story in India remains strong from a medium term perspective. \u201cThe uptick in the private capex cycle, which we anticipate will begin in 2018, […]<\/p>\n","protected":false},"author":1,"featured_media":18585,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-18584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/18584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=18584"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/18584\/revisions"}],"predecessor-version":[{"id":18586,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/18584\/revisions\/18586"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/18585"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=18584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=18584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=18584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}