Indian economy to grow at 6.5-7% in FY 2024-25 on steady state basis, says CEA Nageswaran

The Indian economy is projected to grow at a rate of 6.5-7 per cent in the current financial year, according to Chief Economic Advisor V Anantha Nageswaran. He highlighted that the post-COVID recovery is solidified due to prudent fiscal and monetary policies. The growth rate, including an 11 per cent nominal rate accounting for inflation, is notable given global uncertainties.