The Gross Domestic Product (GDP) grew at 7.4 per cent for 2009-10, higher than the February projection of 7.2 per cent. Driven by a robust performance by the manufacturing sector, the Indian economy grew by 8.4 per cent in the last quarter of 2009-10. The manufacturing sector grew by 16.3 per cent in the fourth quarter (January-March 2009-10) and 10.8 per cent in the fiscal. The Central Statistics Organisation also revised upwards the growth rates for 2nd and Third quarter of 2009-10 on better- than-expected performance by manufacturing, mining and quarrying industries than first thought. There was no decline in agriculture growth in 2009-10, despite widespread drought and floods hitting the farm output. Following the global financial crisis, the GDP had moderated to 6.7 per cent in 2008-09 after recording a growth rate of 9 per cent in the three preceding years.