The world has recognised India as a bright star as the country is recording healthy economic growth despite global uncertainties, Finance Minister Nirmala Sitharaman said on Wednesday.

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India's growth at 7 per cent in the current fiscal is the highest among major economies and the Indian economy is on the right track, she said in her Budget speech.

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In the 75th year of Independence, the world has recognised India as a bright star, the minister said, adding the world appreciates India's achievements.

The economy is pegged to grow by 7 per cent in FY23 (2022-23) and 6.5 per cent (6.0-6.8 per cent) in FY24 as the global environment remains rife with uncertainty.

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