Rs 10,000 crore more needed for vaccines; fiscal impact to be 40 bps more, says report

The increased allocation of free vaccines to all above 18 years coupled with extending free food and grain supplies through rations will add only 40 bps to the overall fiscal deficit in FY22, which poses upside risks to the estimated of 6.8 per cent of GDP, Tanvee Gupta-Jain, the economist at UBS Securities India said in a note on Tuesday.

from Economy-News-Economic Times https://ift.tt/3g40J1C