Speed up in economic recovery can be seen: Sanjeev Sanyal
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Underlining a number of steps being taken by the government to address the rising inflation, Principal Economic Advisor to Government of India Sanjeev Sanyal has said that India has broadly come out of the turbulence that occured due to the COVID-19 pandemic.
Sanyal said that a speed up in the economic recovery can be seen. On the economic recovery post-COVID-19 pandemic front, Sanyal also highlighted a number of steps taken by the government, saying that a lot of sectors, like tourism, which were shut down, are coming back.
Besides, Sanyal said ‘this year, according to IMF, our economy might see economic growth of 8.2 per cent, it is the fastest in the world and I would say that it means that broadly we are now out of the turbulence that occured due to the pandemic.’
Further, on the government's course of action, if the COVID-19 situation worsens in the country and the possibility of another nationwide lockdown, Sanyal said ‘We are always alert that if a new wave comes, we will have to do something.’
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