‘Ebbing COVID wave, pace of jabs aiding economic recovery’
The Hindu
Agri growth, rebound in manufacturing, buoyant revenues augur well: FinMin
India’s economic recovery has spread its wings, the Finance Ministry said on Monday, stating that the ebbing of the second COVID-19 wave and fast-paced vaccination had spurred further momentum in economic activity, with mobility reaching 90% of pre-pandemic levels.
Asserting that India would be able to vaccinate its entire adult population by the end of 2021, given the current pace of vaccinations, the Ministry said this would be a remarkable feat in the global context.
“India’s average daily inoculation rate witnessed a 91% increase from 41.3 lakh in June to 78.7 lakh in September, the highest in the world after China. This shows that not only is India on the trajectory to regain momentum in economic recovery, but also has progressed decisively towards the attainment of herd immunity amongst its populace,” the Ministry pointed out.
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