The finance ministry in its monthly economic report has said the vaccination exercise needs to be speeded up for a quicker recovery of the economy. It even suggested vaccination in 24×7 shifts in August and September when supply was expected to increase significantly and the government may achieve the target of 1 crore shots a day.
The report for May said the government must set as its paramount objective the vaccination of 70 crore people with at least the first dose by September. The report said a healthy monsoon bodes well for farming and the softer lockdown by states is expected to translate into a “softer economic shock” in sectors such as manufacturing and construction.