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Cii Lowers Gdp Growth Forecast To 5 Per Cent

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BUSINESS STANDARD

The Confederation of Indian Industry (CII) has revised its gross domestic product (GDP) growth forecast to 5 per cent, down from the 5.2 per cent estimated earlier, keeping in view the weak monsoon and the drought situation.

According to an analysis of the state of the Indian economy (up to July 2002), released by the confederation

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First Published: Aug 15 2002 | 12:00 AM IST

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