Second wave of pandemic has impacted India’s nascent economic recovery: Sitharaman

 Second wave of pandemic has impacted India’s nascent economic recovery: Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said the resurgence of the coronavirus pandemic has adversely impacted the nascent economic recovery process in India while maintaining that India will sail through the storm with focus of the government on robust public health measures, timely treatment of the infected persons, sound macro-economic management and strong macro fundamentals.

Speaking at the virtual 54th annual meeting of the Asian Development Bank, Sitharaman said the country is currently going through the second wave of covid and the resurgence of the pandemic has caused sufferings for very large number of persons and put the healthcare system under huge strain. “We are thankful to the international community for their support in this hour of need. The vaccine production capacity in the country is being ramped up and more vaccine candidates are on verge of entering the commercial chain. We are…

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