New Delhi, Jan. 6 -- India's economic growth is expected to moderate in the coming years amid a rapidly changing global environment, evolving climate risks and rising trade uncertainties, according to Devendra Kumar Pant, Chief Economist and Head of Public Finance at India Ratings & Research.

Speaking with ANI, Pant said India's GDP growth is currently estimated at 7.4% for the ongoing fiscal year and is likely to moderate to around 6.9% in the next fiscal year. He cautioned, however, that these numbers are subject to revision as the base year for national income accounting will change from 2011-12, with revised GDP figures expected to be released on 27 February.

"It is very difficult to put a precise medium-term number at this stage be...