October 4, 2009 7:50 PM

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Economic growth to remain lower this year : FICCI

India's economy is expected to grow between five point 2 to five point 8 per cent in 2009-10, much lower than lastyear as the agriculture output is estimated to decline significantly because of drought in 276 districts of the country, industry body FICCI has said.The GDP projections for the current fiscal made by FICCI are far dismal than the estimates of 6 per cent by the ReserveBank of India and 6 point 3 per cent by the Planning Commission.Its projections are close to the assessment made by the International Monetary Fund about the Indian economy.According to the IMF, India's GDP is expected to grow by 5.4 per cent in 2009.

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