New Delhi, May 2 -- India's economy will potentially grow at between 6.3% and 6.8% in 2025-26, likely settling near the midpoint of that range and surpassing the International Monetary Fund's (IMF) forecast of 6.2%, finance secretary Ajay Seth said on Friday.

Seth, however, said India's public debt remained elevated and must be reduced through sustained fiscal consolidation. He was speaking at the annual growth conference hosted by Ashoka University's Isaac Centre for Public Policy on Friday.

Seth's projection is in line with the Economic Survey's forecast earlier this year that India's economy would grow at between 6.3% and 6.8% in FY26. However, several multilateral agencies have cut their growth projections for the Indian economy.

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