Minister of State for Finance Anurag Singh Thakur has said that steps taken by the government to deal with COVID-19 pandemic are resulting in 'V-shaped' economic recovery and the country is likely to witness double digit growth in 2021-22.
Replying to a discussion on the second and final batch of the supplementary demands for grants for 2020-21, the minister said that it was because of the efforts of the government that GST collection was over Rs 1 lakh crore for continuously five months. He also said in the final batch of supplementary demands for grants for the current fiscal, the government sought Parliament's nod for an additional expenditure of Rs 6.28 lakh crore of which the net outgo has been estimated at Rs 4.12 lakh crore.
Thakur further said the rest will be matched by savings in different ministries and departments. In the next fiscal, he said the Budget has earmarked Rs 35,000 crore for vaccination and more would be provided if needed.