Finance Minister Nirmala Sitharaman on Tuesday said the speed in the coverage of vaccination has helped in economic recovery.
Sitharaman said the country’s economic growth is expected at 9.2 per cent in the current financial year, on the back of a sharp rebound in the economy.
She also said virtuous cycle of investment is expected to revive on account of capex (capital expenditure) and crowd in private investment.
“Government focus since 2014 is on poor and marginalised. The government strives to provide necessary ecosystem to middle class,” Sitharaman said in her Budget speech 2022-23.
Presenting the Budget for 2022-23, she said the country is in the midst of Omicron wave.