India’s growth may drop to 4.3% in 2009: OECD

India’s economic growth may slow to an 18-year low of 4.3% in 2009, with falling exports offsetting expansion in domestic demand, the Organization for Economic Co-operation and Development (OECD) said on Tuesday.
Though the country’s gross domestic product (GDP) grew at a meagre 1.3% in 1991-92, the only growth rate comparable with the current projection was in 2000-01 at 4.4%.
OECD economist Sean M. Dougherty told Mint that “this is due to a fairly broad-based slowdown in global economy and less to do with the Indian economy,” adding that India’s external sector will bear the brunt of the slowdown.
Source: LiveMint

4.3% looks very pessimistic.

Here are some of the other predictions for the growth of the Indian economy in 2009-10:

World Bank-4%
CLSA- 4.6%
IMF-5.1%
UN- 6%
ADB-6.5%
Indian govt-7.1%