India GDP forecast stays at 7%, uncertainty range remains wide: NITI Aayog’s Arvind Virmani

NITI Aayog Member Arvind Virmani has retained his India GDP growth forecast at 7% for the year, with an uncertainty range of plus or minus 1%, citing unresolved trade issues and global developments. He also backed a gradual shift towards cost-based UPI MDR after the subsidy helped establish the payments platform.