Amid fears of the world slipping into recession, India will perhaps emerge as the strongest major economy with 7% growth rate in FY23, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal said on Sunday.
Sanyal observed that India can grow at 9% in an external conducive environment like in early 2000s when the global economy was growing.
“We are clearly entering an environment where many countries around the world will be facing much slower growth or even slipping into recession.
