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Pharma sector expects a booster shot, tax sops from FM Nirmala Sitharaman © India Today Group Pharma sector expects a booster shot, tax sops from FM Nirmala Sitharaman Over the past year, the world has faced a deadly pandemic and lived through an unexpected economic shutdown. World-over, central banks have been flushing the economy with unprecedented levels of liquidity. And just days before the world marks a year since the first lockdowns came into effect, reports have shown that the global economy is on track to make a faster-than-expected recovery. Despite its ongoing economic battles, India has managed to make a swift recovery too. Recently, the International Monetary Fund (IMF) projected a growth rate of 11.5% for the country. It said that the Indian economy is set to grow at a better rate than China, France, and the United States, following a stronger than expected recovery from pandemic-related lockdowns.

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