Economic Survey 2020-21
The Economic Survey 2020-21, which was presented in Parliament on Friday by Union Finance Minister Nirmala Sitharaman has not only brought to the fore the harsh realities that the country has faced in the wake of the global Covid-19 pandemic
| 31 Jan 2021 5:46 AM GMT
The Economic Survey 2020-21, which was presented in Parliament on Friday by Union Finance Minister Nirmala Sitharaman has not only brought to the fore the harsh realities that the country has faced in the wake of the global Covid-19 pandemic, but has also raised hopes for a slow but steady recovery of the situation. Dedicated to the Covid Warriors, Sitharaman's Economic Survey has very rightfully put on record that India focused on saving lives and livelihoods by its willingness to take short-term pain for long-term gain, at the very onset of the pandemic. She has also pointed out that India's response strategy stemmed from the humane principle that human lives lost cannot be brought back and that GDP growth will recover from the temporary shock caused by the pandemic. It is a fact that India's decision to go for an early and intense lockdown did provide a win-win strategy to save lives, and preserve livelihoods via economic recovery in the medium to long-term.