Indian economy likely to record over 7 pc growth: NCAER

The Indian economy could grow higher than 7 per cent and possibly closer to 7.5 per cent in the current fiscal year, says the economic think tank NCAER. This potential growth is attributed to a normal monsoon season and reduced electoral uncertainty. The National Council of Applied Economic Research (NCAER) highlighted these findings in its July 2024 issue of the Monthly Economic Review (MER).