The finance ministry on Tuesday said the impending vaccination drive in various countries, coupled with sustained improvement in high frequency indicators, helped the economy perform better in H2FY21.
This comes days ahead of the advance estimates for gross domestic product (GDP) growth for FY21.
In its monthly economic review for December, the Department of Economic Affairs (DEA) said: “Approval for the long-awaited vaccine and initiation of vaccination drives in various countries has enhanced optimism on both the health and economic fronts, despite the continuing surge in global cases and potential challenge of a mutant strain.”
It added that the effective

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