‘India well-armed to combat downside risks posed by surge in Covid cases’ April 05, 2021 × India is emphasising on a five-fold strategy to curb the tide of new cases, says Finance Ministry report The Finance Ministry, on Monday, expressed confidence of ‘combating any downside risk’ arising out of the second wave of Covid. “As the vaccination drive continuously upscales in India and guided by the learnings of India’s successful management of pandemic during its first wave, India is now well-armed to combat any downside risk posed by the recent surge in Covid-19 cases. With the end of a challenging FY21, the crest of a brighter and self-reliant FY22 awaits India,” said a monthly report prepared by the Economic Affairs Department of the Finance Ministry.