Economic Survey 2021-22: Vaccination critical for opening up economy

Vaccination should be treated as a macroeconomic indicator since it is not just a health response but is critical for opening up the economy, the Economic Survey 2021-22 said.

Vaccination should be treated as a macroeconomic indicator since it is not just a health response but is critical for opening up the economy, particularly the contact-intensive services, the Economic Survey 2021-22 said. 

While discussing the state of the economy at a time when India has fully vaccinated over 75 per cent of its adult population, the Survey said: “It is also essential to look at progress in vaccination as this is not just a health response but also a buffer against economic disruptions caused by repeated waves of the pandemic.” 

The Survey noted that two years into the pandemic, the global