Mission mode vaccinations and frontloading fiscal measures k

Mission mode vaccinations and frontloading fiscal measures key to India's recovery: Finance Ministry


Mission mode vaccinations and frontloading fiscal measures key to India's recovery: Finance Ministry
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This would help in achieving herd immunity, defined as 75-80% of the population aged 18 and above, which in turn would boost consumer and producer confidence and reinvigorate the engines of economic growth, the ministry said.
Agencies
The ministry noted that there was a sequential slackening in a host of indicators in May ranging from the output of eight core industries and auto sales to the services purchasing managers’ index and Goods and Services Tax (GST) collections.
Mission mode vaccination and frontloading of fiscal measures planned in the budget hold the key to India’s invigorating investment cycle, a finance ministry report said Wednesday, warning that the second wave of pandemic has posed a downside risk to recovery.

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