Macro stability and supply measures can bring back India on a 7 per cent growth trajectory in FY28, Chief Economic Adviser V Anantha Nageswaran said on Friday, asserting that the growth is contingent on improvement in external conditions.
After the RBI lowered its GDP forecast for FY27 to 6.6 per cent, he said, “We have no reason to second-guess them (RBI forecast) at this point, because there are both possibilities on the upside and on the downside with respect to the numbers they have presented… macro stability measures and supply assurances will bring us back to a 7 per cent plus growth track in FY28, or as soon as external conditions improve.”
