Why earnings growth could see a drastic change over next two years

India Today 2021-09-20

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Ridham Desai, MD, Morgan Stanley India, says there has been a policy shift by the central government in the last 24 months, driving focus away from boosting the share of labour to boosting the share of profits in GDP. He says that despite the Covid-19 pandemic, the government has taken both fiscal as well non-fiscal measures. Earning growth in the next two years could rise significantly if the government persists with the policy, he says.

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