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NEW DELHI, Jan 2 Asia Pulse - Belying expectations of a lower growth, India's Gross Domestic Product (GDP) in the second quarter of this fiscal year grew at an impressive 5.8 per cent despite a dismal performance by the agriculture sector which registered zero per cent growth.
As per the latest quarterly estimates released by the Central Statistical Organisation, quarterly GDP at factor cost during July-September 2002 was estimated at Rs 2,983.08 billion (US$62.16 billion) compared to Rs 2,820.84 billion in the corresponding the period previous year, showing a growth rate of 5.8 per cent.
The agriculture sector failed to sustain the recovery witnessed in the first quarter by growing at zero per cent in the second quarter, against a healthy 6.3 per cent growth in July-September 2001.
An official ...
Source: HighBeam Research, INDIA REGISTERS 5.8% GDP GROWTH IN Q2.