Organisation for Economic Cooperation and Development (OECD) has said that the Indian economy is expected to grow by 7.2 per cent this fiscal. It will be followed by 7.3 per cent in 2016-17 and 7.4 per cent in 2017-18 period, Paris-based think tank said in a statement yesterday. OECD also cautioned that difficulty in passing key structural reforms and large non-performing loans are holding it back. The latest growth estimate for India is same as the forecast made in September by the think tank. It has cut the global growth forecast for this year to 2.9 per cent citing a further sharp downturn in emerging economies and world trade.As per OECD, Brazil and Russia have experienced recessions and will not return to positive growth in annual terms until 2017.