New Delhi, Jul 29 (UNI) Indian economy could grow at 6.5-7% in FY23 and then accelerate to 8% on the back of rising investment and productivity, Chief Economic Adviser (CEA) KV Subramanian has said.
The CEA said that India had a V-shaped recovery last year and looking at last four quarter numbers during the pandemic it is the only country that has registered two consecutive quarters of growth.
Speaking at an industry event, Subramanian expressed hope that India should be able to hit high growth rate through higher investment rate and more productivity from privatization, increase in exports.