The Indian economy is likely to grow at over 7 per cent in the current fiscal year, former Niti Aayog vice chairman Arvind Panagariya said on Wednesday, while observing that the growth rate should sustain next year too provided the forthcoming Budget does not have any negative surprises.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Uz23Sok
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It is not uncommon for economists and analysts to make predictions about the future performance of the economy, based on various factors such as economic indicators, market trends, and other data. These predictions can be helpful in providing a general sense of the direction that the economy may be headed, but it is important to note that they are subject to change and are not guarantees.
If an economist or analyst has predicted that the Indian economy is likely to grow at over 7% in the fiscal year ending in 2023 (FY23), this means that they believe the economy will experience relatively strong growth during this period. However, it is important to keep in mind that this is only a prediction and that actual economic performance may differ from the forecast. There are many factors that can impact the performance of an economy, including domestic and international economic conditions, government policies, and other influences.
