Indian economy projected to grow 6.5-7% in FY 2024-25: Chief economic advisor Nageswaran

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Key Points

V Anantha Nageswaran. said on Friday that the Indian economy is projected to grow by 6.5-7% in the current financial year..

Bengal Chamber of Commerce and Industry. is significant given the global economic conditions...

"The Indian economy is poised to remain the fastest-growing in the current financial year, with a growth rate of 6.5-7% on a steady-state basis..

He noted that India's macroeconomic indicators show stability, with a shift towards capital expenditure, a decline in the external debt-to-GDP ratio, and lower retail inflation..

The chief economic advisor said that India need to focus on generating productive employment, ensuring food security, easing regulatory challenges for MSMEs, and improving financial resource allocation..

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