New Delhi/IBNS, May 8 -- With supply-side investments on both physical and digital infrastructure, Indian economy is better placed to pursue non-inflationary growth and could achieve a GDP growth rate of above 7% this year, based on its domestic strengths, Chief Economic Advisor to the Government Dr V Anantha Nageswaran said on Wednesday.

Speaking at an event organised by the National Council of Applied Economic Research (NCAER) here, Dr Nageswaran said: We need to recognise the geo-political and geo-economic context. We can achieve moderate to high growth over a long term Small and medium sector is the backbone.

We need them to grow their share in manufacturing. We also need to strengthen the supply-side infrastructure to have longer e...