Video Editor: Ashutosh Bhardwaj
The second wave of coronavirus was so severe that people were busy saving their lives, while concerns about the economy and GDP took a backseat. But lives and economy are interlinked, and both are dependent on vaccination.
Uday Kotak, chairperson of Confederation of Indian Industry (CII), stressed on the need to print notes to save the economy. He said, if banks don’t step up now then when will they help. “Spend one percent of GDP for cash to poor and provide support to small businesses,” Kotak said.
This can be done by simplifying the vaccine policy. India’s vaccine management has proved to be a historic mess. Initially, assurance was given that young Indian entrepreneurs, under Aatmanirbhar Bharat, will produce enough vaccines for the country and even export to other countries. However, no information regarding their production schedule was made public. The government has not disclosed how many vaccines it ordered and how much has been paid in…