The gross domestic product (GDP) has recorded a 5.8 per cent growth rate in the second quarter of 2002-03 despite no growth in the agriculture sector.
However, this is lower than the 6 per cent growth rate recorded in first quarter of this fiscal.
The quarterly estimates of GDP growth released by the Central Statistical Organisation (CSO) today showed that the GDP at factor cost during July-September 2002 was estimated at Rs 2,98,308 cro- re, compared to Rs 2,82,084 crore in the corresponding period of 2001-02. The GDP grew 5.3 per cent in the second quarter of 2001-02.
However, the damper for the economy was the agriculture sector, which failed to sustain the recovery witnessed in the first quarter at 4.4 per cent. The last fiscal
