Don’t See Major Reversal In Fiscal Consolidation For Next 2-3 Years: Chetan Ahya, Morgan Stanley

CNBC-TV18 Exclusive | Don’t see major reversal in fiscal consolidation for next 2-3 years, says Chetan Ahya, Chief Economist- Asia & EM, Morgan Stanley, from the sidelines of the Morgan Stanley India Investment Forum. Adds, that small & medium enterprises need to implement labour reforms.

Estimate 6.5% GDP growth over medium term without any major changes in labour or land reforms, states Chetan Ahya. He adds, investment growth will outperform consumption growth in the next 5 years.

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