2nd Covid Wave Could Spark Greater Economic Uncertainty: Niti Aayog Vice Chairman
News

2nd Covid Wave Could Spark Greater Economic Uncertainty: Niti Aayog Vice Chairman

Newsdesk |
April 18, 2021

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 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.


New Delhi, 18 April 2021

As per news report of NDTV, 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. According to Mr Kumar, India was on the verge of defeating COVID-19 completely but some new strains from the UK and other countries have made the situation far more difficult this time around.

Source -NDTV

Read More >>


If you like the story and if you wish more such stories, support our effort Make a donation.




Loading...

If you believe investigative journalism is essential to making democracy functional and accountable support us. »