Economy Expected To Maintain V-shaped Recovery: Finance Ministry

• On Tuesday, the Finance Ministry of India said that the Indian economy is expected to perform better in the second half of the financial year.

• The sustained improvement in high-frequency indicators and the emergency approval of 2 COVID-19 vaccines help in maintaining the v-shaped recovery of the economy.

• “The sustained improvement in high-frequency indicators ignites optimism of an improved performance in the second half of the year,” the finance ministry said in its monthly economic review.