Indian economy likely to grow at 7.4% in FY19: NCAER

According to the NCAER report, in 2018–19 the real agriculture GVA is envisaged to grow at 4.6 per cent, real industry GVA at 5.1 per cent, and real services GVA at 8.5 per cent. "Both the NCAER annual and quarterly models forecast that GVA will grow at 7 per cent per annum in 2018–19 on a y-o-y basis.

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