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India's Modi defends handling of COVID pandemic amid opposition protests


Indian Prime Minister Narendra Modi defended his government's efforts to fight the COVID-19 pandemic over the last two years, saying on Tuesday they led to high economic growth and middling inflation, unlike the situation in some advanced economies. Economic growth is estimated at 9.2% in India's fiscal year ending in March and at 8% to 8.5% the next, after a contraction of 6.6% in fiscal 2019/20, while retail inflation hovers around 5.5%, well within the central bank's target of 2% to 6%. The government has distributed free foodgrain to 800 million people during the pandemic, while taking steps to tame inflation, Modi told the upper house of parliament in remarks that triggered an opposition boycott of his speech.

Reuters - February 8, 2022

View the full story here: https://www.reuters.com/world/india/indias-modi-defends-handling-covid-pandemic-amid-opposition-protests-2022-02-08/