India likely to grow at 7.5% in FY25: NCAER

The National Council of Applied Economic Research (NCAER) forecasts India's FY25 GDP growth at about 7.5%, driven by strong economic activity. NCAER's Director General, Poonam Gupta, highlighted buoyancy in the first quarter, robust investment policies, and macroeconomic stability. While the RBI projects 7.2% growth, Gupta noted that addressing rising food prices remains challenging, calling for climate-resilient and innovative food supply solutions.