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Improvement in health infrastructure will lead to confidence in revival of economy: Fin Min Sitharaman

The Finance Minister said the Government is reviving a pandemic affected recovery in the context of possible 3rd wave of COVID-19 pandemic and assured that the Government is doing everything it can to increase vaccination as it is the only most sure shot protection against COVID-19.

Nirmala Sitharaman
Nirmala Sitharaman
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Published : Aug 31, 2021, 11:01 PM IST

New Delhi: Union Finance Minister Nirmala Sitharaman said that overall improvement of health infrastructure will help build the confidence of the people in the infrastructure and also help in the revival of the economy.

The FM said this while addressing the webinar on “Building Healthcare Infrastructure for New India” here today. Dr Bhagwat Kisanrao Karad, Minister of State for Finance, also participated in the webinar.

Sitharaman stated that the country must address not only the short-term challenges but also ensure the resilience of our economy and Infrastructure Development that are the key to achieving these twin objectives.

"It is very encouraging to have industry stakeholders to be part of a discussion on the Loan Guarantee Scheme for COVID-affected Sectors (LGSCAS) that the Government launched with great trust in the industry," she said.

The FM said that the second wave of the COVID-19 pandemic sharply brought the need to focus and strengthen our medical and healthcare infrastructure so that we emerge stronger from any such healthcare crisis.

"The Government is reviving a pandemic affected recovery in the context of possible 3rd wave of COVID-19 pandemic and assured that the Government is doing everything it can to increase vaccination as it is the only most sure shot protection against COVID-19", the Union Minister said.

She emphasised that the most important support to healthcare infrastructure is to ramp up capacities, technology, better facilities and above all ramp up trained man-power for optimally utilizing the healthcare infrastructure.

Read: India's GDP witnesses an uptick of 20.1% in April-June quarter of FY 2021-22

New Delhi: Union Finance Minister Nirmala Sitharaman said that overall improvement of health infrastructure will help build the confidence of the people in the infrastructure and also help in the revival of the economy.

The FM said this while addressing the webinar on “Building Healthcare Infrastructure for New India” here today. Dr Bhagwat Kisanrao Karad, Minister of State for Finance, also participated in the webinar.

Sitharaman stated that the country must address not only the short-term challenges but also ensure the resilience of our economy and Infrastructure Development that are the key to achieving these twin objectives.

"It is very encouraging to have industry stakeholders to be part of a discussion on the Loan Guarantee Scheme for COVID-affected Sectors (LGSCAS) that the Government launched with great trust in the industry," she said.

The FM said that the second wave of the COVID-19 pandemic sharply brought the need to focus and strengthen our medical and healthcare infrastructure so that we emerge stronger from any such healthcare crisis.

"The Government is reviving a pandemic affected recovery in the context of possible 3rd wave of COVID-19 pandemic and assured that the Government is doing everything it can to increase vaccination as it is the only most sure shot protection against COVID-19", the Union Minister said.

She emphasised that the most important support to healthcare infrastructure is to ramp up capacities, technology, better facilities and above all ramp up trained man-power for optimally utilizing the healthcare infrastructure.

Read: India's GDP witnesses an uptick of 20.1% in April-June quarter of FY 2021-22

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