Indian economy to grow at double-digits this fiscal: CEA

Indian economy is expected to see a double-digit growth in 2021-22 and between 6.5-7 per cent in the next 

financial year, outgoing chief economic advisor K V Subramanian said on Sunday. The CEA said that he does not expect commodity inflation will taper the V-shaped recovery going forward. 

“I expect India to grow at double digit this year (FY22) and 6.5-7 per cent next year and over seven per cent and thereafter growth accelerating over seven per cent,” Subramanian told PTI in a interview.

He was in the city to receive the Distinguished Alumnus Award from the 

Indian Institute of Management-Calcutta

India’s growth projection had been capped between 8.7 per cent and 9.4 per cent by IMF and other institutions.

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