GDP posts 5.8% growth in Q2
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31/12/2002
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Indian Express (New Delhi)
Despite poor performance of agriculture sector on account of widespread drought during the Kharif season, the Gross Domestic Product (GDP) in the second quarter of the current financial year (July-September 2002-03) went up by 5.8 per cent. This is higher than the growth rate of 5.3 per cent recorded in the second quarter of the previous financial year. Apart from agriculture and electricity, gas and water supply, all other sectors including manufacturing, trade and hotels and finance posted higher growth rates in July-September this fiscal as compared to the growth rates in the second quarter last year.