News > Economy recovering due to targeted fiscal relief, rapid vaccination: FinMin

Economy recovering due to targeted fiscal relief, rapid vaccination: FinMin

Business Standard | 09/07/2021 03:12 PM | Click to read full article

The Finance Ministry on Friday said the economy has started showing signs of revival from the impact of the second wave of the COVID-19 pandemic on the back of targeted fiscal relief, monetary policy and a rapid vaccination drive.

The broad-based economic relief package, extended to mitigate the second wave, amounted to Rs 6.29 lakh crore. Further expansion of vaccination and strict adherence to COVID-appropriate behaviour will be a critical safeguard against the emergence of a possible third wave.