Most sectors of Indian economy shake off pandemic effect: India`s President
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Noting that India has been among the fastest-growing major economies, President Droupadi Murmu has said most sectors of the economy have shaken off the pandemic effect and this has been possible due to timely and pro-active interventions from the government.
She said that in the country's mission 'Sarvodaya' (the upliftment of all), the most encouraging has been the progress made on the economic front. She mentioned ‘Last year, India became the fifth largest economy in the world. It needs to be underlined that this achievement comes against the backdrop of high economic uncertainties around the world. The pandemic has entered the fourth year, affecting economic growth in most parts of the world.’
Further, she said in its initial phase, COVID-19 also hurt India's economy badly but the country soon came out of the downturn. She stated ‘Guided by our able leadership and driven by our resilience, we soon came out of the downturn, and resumed the growth saga’. Besides, she said the 'Atmanirbhar Bharat' initiative, in particular, has evoked great response among people at large.
