What is the India’s GDP growth forecast for FY 17, as per recently report by Morgan Stanley?

As per recently report by Morgan Stanley, India’s GDP growth forecast has been cut from 7.7% to 7.3% in the FY17 as the government’s move to cancel old high-value notes is expected to adversely impact the near-term economic activity. Morgan Stanley has also lowered the growth projection for FY 18 (2017-18) to 7.7% from 7.8%. Beside this, India‚Äôs GDP growth for FY (2018-19) forecast at 7.9%.