Please click the link below to view Shane Oliver’s views on India.
The key points covered are :
- The resounding victory by the Bharatiya Janata Party led alliance in Indian elections likely ushers in a period of significant economic reform in India.
- Reforms are likely to focus on improving the business environment, privatisation and reducing the budget deficit and support for inflation targeting.
- This should help boost India’s growth potential back to around 8% pa.
- The reform process won’t be smooth in the short term but is very positive for Indian assets over the long term.
