Diabytes
India's growth momentum News
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The projection is a tad lower than 7.4 percent growth estimated by Asian Development Bank (ADB) and International Monetary Fund (IMF) for next fiscal.
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India's growth momentum witnessed a recovery in January but it is not broad-based and overall economic activity remains below pre-demonetisation levels.
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Amid the global economy witnessing mixed trends, Paris-based think tank OECD on Tuesday said India is expected to see "firming growth" while the outlook for China continues to deteriorate.
Rajan also said that the concerns about market volatility should not come in way of the decision of the central banks.
Showing positive signs, India's economic growth is firming up even as mixed trends are projected for most of the developed and developing nations, according to Paris-based think tank OECD.
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