New Delhi, January 29: The Economic Survey has forecast a GDP growth rate of 6.8-7.2% for the upcoming fiscal year, attributing this to the cumulative impact of ongoing reforms and a stable economic foundation.

This projection is slightly lower than the 7.4% growth anticipated for the current fiscal year.

Despite the recent sharp depreciation of the domestic currency, the survey highlighted that the rupee's value does not reflect India's strong economic fundamentals, suggesting that the rupee is currently undervalued.