The Indian government is taking steps to achieve its economic growth target of 6.5%-7% this fiscal year, the economic affairs secretary said on Monday, after slower-than-expected growth from July to September.

(Reuters) - The Indian government is taking steps to help the economy achieve the FY25 GDP growth target of 6.5%-7%, the country's economic affairs secretary said on Monday. The government expects growth to accelerate in the second half of the year, Ajay Seth said.

GDP growth slides to 5.4% for quarter ended Sept 2024. India’s economy expanded at 6.7 per cent in the April-June quarter (Q1), marking the slowest pace in five quarters.

India is poised to achieve its potential GDP growth of 6.5–7% backed by a decade of reforms, says CEA. Investment in renewable infrastructure and grid capabilities key for green growth.

India's GDP growth is projected to be 6.5-7% in 2024-25, supported by progress made over the past decade in infrastructure and financial inclusion, according to Chief Economic Advisor V Anantha Nageswaran.

India’s potential GDP growth is in the range of 6.5-7 per cent and the country should be able to achieve it on the back of things that done already in the last 10 years, Chief Economic Advisor V Anantha Nageswaran said on Monday.

The Indian government is striving to meet its economic growth target of 6.5%-7% for the current fiscal year by boosting spending on infrastructure and increasing incentives for electric vehicle manufacturers.