Growth hits 9-year low in 2011-12

India’s economic growth estimate for 2011-12 has been revised downward to 6.2 per cent from 6.5 per cent earlier. This is reflected in the first revised estimate for 2011-12 (earlier called quick estimates) released by the Central Statistics Office (CSO) here on Thursday. The revised GDP growth estimate of 6.2 per cent is the lowest in nine years after the 2002-03 nadir of 4 per cent.

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