India on Monday forecast its economic growth for this fiscal at 7.2 per cent, as against 6.7 per cent achieved in the previous fiscal, despite a 0.2 per cent declined predicted in farm output.

The advance estimates of the country's gross domestic product released by the Central Statistical Organisation (CSO) forecasts a growth of 9.9 per cent in services and 8.9 per cent in manufacturing - the highest among the eight broader economic activities.