›Second COVID wave could spark greater uncertainty; govt will respond with fiscal steps if required: Niti Aayog Vice Chairman
Second COVID wave could spark greater uncertainty; govt will respond with fiscal steps if required: Niti Aayog Vice Chairman
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Second COVID wave could spark greater uncertainty; govt will respond with fiscal steps if required: Niti Aayog Vice ChairmanPTI
Last Updated: Apr 18, 2021, 11:52 AM IST
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While acknowledging that the present situation has become far more difficult than it was in the past due to rising coronavirus infections, Rajiv Kumar remained hopeful that the country s economy will grow 11 per cent in the current fiscal ending March 31, 2022.
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Niti Aayog vice-chairman Rajiv Kumar.
The country needs to prepare for greater uncertainty in terms of consumer as well as investor sentiments due to the second wave of coronavirus infections, and the government will respond with fiscal measures as and when required, Niti Aayog Vice Chairman Rajiv Kumar said on Sunday.
While acknowledging that the present situation has become far more difficult than it was in the past due to rising coronavirus infections, Kumar remained hopeful that the country s economy will grow 11 per cent in the current fiscal ending March 31, 2022.
India is grappling with spiralling number of COVID cases as well as related deaths, forcing many state governments to put in place restrictions on movement of people.
Need to prepare for greater economic uncertainty due to COVID-19 second wave: NITI Aayog VC
While acknowledging that the present situation has become far more difficult than it was in the past due to rising coronavirus infections, Mr Kumar remained hopeful that the country s economy will grow 11 per cent in the current fiscal ending March 31, 2022
PTI | April 18, 2021 | Updated 19:20 IST
Regarding growth in the current financial year, Mr Kumar said that various estimates suggest that it will be around 11 per cent
The country needs to prepare for greater uncertainty in terms of consumer as well as investor sentiments due to the second wave of coronavirus infections, and the government will respond with fiscal measures as and when required, Niti Aayog Vice Chairman Rajiv Kumar said today.
While acknowledging that the present situation due to Covid-19 has become far more difficult, Niti Aayog Vice Chairman remained hopeful that the country's economy will grow 11 per cent in the current fiscal ending March 31, 2022.