A drop in farm output pulled down gross domestic product (GDP) growth in 2002-03 to 4.3 per cent, against 5.6 per cent in 2001-02, according to the revised annual growth estimates released by the Central Statistical Organisation (CSO).
The estimates are lower than the 4.4 per cent growth announced by the CSO in February in its advance estimates for the last fiscal, and much below the projections made earlier by the finance ministry and the Reserve Bank of India, which pegged GDP growth for 2002-03 at 5.5 per cent and 5 per cent, respectively.
According to CSO
