"We forecast FY15 GDP (at FY12 prices) to be 7.3 percent as against the advance estimate of 7.4 percent by the Central Statistics Office (CSO)," the agency said in a report.
The net exports, which is the difference between exports and imports in national income accounting, might have turned positive in the last quarter of FY15.
Although net exports for FY15 as a whole will still be negative, it will be lower than the advance estimate thereby contributing positively to the GDP growth, the report said.
The agency expects a 22.5 percent year-on-year decline in net exports for FY15 as against the CSO advance estimate of a decline of 19.5 percent. It said the industrial sector is also likely to miss advance estimates.
"Although IIP (general) grew at its fastest pace in last three fiscals, we expect industrial sector growth to fall short of CSO’s advance estimates of 5.9 percent," the report said.

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