India Needs Land, Tax Reforms To Sustain 7-8% Growth: Morgan Stanley

New Delhi: In order to sustain growth at 7-8 per cent levels, the government will need to focus on issues related to land, labour, tax and overall ease of doing business, says a Morgan Stanley report. According to the global financial services major, the root cause of the challenging macro environment in India over the past few years has been the sharp deterioration in the productivity dynamics. "We believe that the government's po...