Morgan Stanley report added that the steps initiated by the government to correct the inappropriate mix of low investment spending and high fiscal deficit should in all probability improve productivity. The report also said that the control over inflation is one of the main reasons behind healthier growth prospects in the coming days. Measured growth in domestic demand, slower rise in global commodity prices, gentle growth in government spending, deceleration in rural wages and moderation in asset prices, particularly housing should lead to moderation in inflation in the country.

As per Grant Thornton report, India is among the top ten economics that is planning to increase hiring activities in the coming year and 73 percent of the business houses in the country have plans to increase their workforce, which is up by two folds compared to the overall global average of 36 percent.

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