India needs to prepare for greater uncertainty: Niti Aayog VC on fresh Covid-19 wave

Niti Aayog Vice Chairman Rajiv Kumar said on Sunday that India needs to prepare for 'greater uncertainty' in terms of consumer as well as investor sentiments due to the fresh wave of coronavirus infections.

He said the government will respond with fiscal measures as and when required.

While acknowledging that the present situation has become far more difficult than it was in the past due to rising coronavirus infections, Kumar remained hopeful that the country’s economy will grow 11 per cent in the current fiscal ending March 31, 2022.

According to 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.