Chennai: Minister of Finance Nirmala Sitharaman on Sunday underlines the need for vaccination not only to help eliminate the third wave of possible covid infections but also to increase economic activity, describe it as the only drug that allows people to go about their business.
“Vaccination has been running smoothly in the country and, so far, 73 crore people have received Jab …
through this program, people can do business, traders can buy products to run businesses, improve the economy, or farmers can do agriculture .
So, vaccination is the only drug, “he said to the celebration of the centenary years from Tamilnad Mercantile Bank (TMB) based in Tuticorin.
Sitharaman economist team in the Ministry of Finance has been repeatedly driven for vaccination ramp-up for faster economic growth.
On Sunday, FM said that support through the variability gap fund will also help improve the health care system to handle the possibility of the third wave.
“Through reports by TMB, we can see that they take the scheme announced by the ministry to beneficiaries (such as hospitals) …
not only public sector banks, the private sector bank must also follow,” he said, confirming that every individual entitled to banking services.
FM also said that public sector banks seemed to be stable now.
“The problem faced by the banking sector affects the business that depends on the bank too.
With an increase in bad loans that lead to the government to advance banks through development or financial growth, energy and bank resources are transferred towards loan recovery,” he said.
Vaccine is just a way for ECO recovery: FM
