On Tuesday the finance ministry will say in its pre-budget Economic Survey, India's economy is expected to grow by between 6.75 and 7.5 percent in the coming fiscal year.
India’s economy is projected to sustain a 7.6% growth rate in both fiscal years 2016-17 and 2017-18.
The survey was conducted in the months of December 2016/ January 2017 and drew responses from leading economists representing industry, banking and financial services sector.
The Central Statistical Organisation had estimated a GDP growth of 7.1% for 2016-17 earlier in January.
Related news : Note ban may delay banks asset quality recovery says, Fitch
Asia's No.3 economy could face an adverse impact if the oil price exceeds $65 a barrel in 2017/18, News rise also reported. The Economic Survey is due out shortly, ahead of Finance Minister Arun Jaitley's annual budget on Wednesday.