Talking about the current state of the economy and future expectations in front of the country, Finance Minister Nirmala Sitharaman said that the finance ministers of the world are trying to improve the economy of their country. We are moving closer to the budget. I am very positive about recovery. There has been continuous recovery for two months.
At the Hindustan Leadership Summit on Friday, the Finance Minister said that the GST collection has been more than Rs 2 lakh crore for the last two months. Industrialists are expanding capacity and increasing investment. Demand is picking up.
The Finance Minister said that I am not worried about inflation. Prices are fluctuating seasonally. The government is monitoring the price changes and is careful to remove the supply bottleneck. The prices of food items are expected to drop soon.
Cost to be known before budget allocation for vaccine
The Finance Minister said that the cost of the vaccine has to be known before allocating the budget for the vaccine. On the question of allocation for vaccine in the budget, Nirmala Sitharaman said that at this time I cannot react to this. We do not know if one dose of vaccine has to be taken, two doses, how long will be in between two doses, two doses will be enough, or six months will have to be re-administered. How much does a dose cost? These things are not sure yet. Only after getting answers to these questions can I think of something.