Improvement in health infra will lead to confidence in revival of economy: Nirmala Sitharaman -Governance Now

Improvement in health infra will lead to confidence in revival of economy: Nirmala Sitharaman

The Finance Minister 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.

GN Bureau | September 1, 2021

#Finance Minister #health infrastructure #Loan Guarantee Scheme #Covid-19 #Economy #infrastructure development #Nirmala Sitharaman

Union Minister for Finance & Corporate Affairs 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. While addressing the webinar on “Building Healthcare Infrastructure for New India”, the Finance Minister 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.

The Finance Minister said it is very encouraging to have industry stakeholders 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.

Sitharaman 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 sure shot protection against COVID-19.

The Finance Minister emphasised that the most important support to healthcare infrastructure is to ramp up capacities, technology, better facilities and above all ramp up trained manpower for optimally utilizing the healthcare infrastructure.

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