New Delhi: India can sustain a more than 7% growth rate this fiscal year, supported by policy measures and structural reforms, said V Anantha Nageswaran, chief economic advisor, on Friday.
He however underlined that the growth expectation assumes a return to global conditions prior to February 28, referring to the start of the Iran war, which has since sparked global economic turmoil, impacting countries including India. “Macro stability measures and supply assurances will bring us back to a 7% plus growth track in FY28
India’s Chief Economic Advisor V Anantha Nageswaran stated the nation can achieve over 7% growth this fiscal year, driven by policy measures and structural reforms. This projection hinges on a return to pre-February 28 global conditions, as the Iran war has caused economic turmoil.
