Conservative growth estimate due to global uncertainties, experts on Economic Survey

India's Economic Survey has projected a conservative growth of 6.5-7 per cent for the current fiscal year due to global uncertainties and domestic challenges. This is lower than the 8.2% growth rate estimated in 2023-24 and a bit lower than the Reserve Bank's forecast of 7.2% for the current financial year. The survey has proposed a compact between central and state governments, corporate sector, and academia to overcome the unprecedented economic scenario.