'Vaccination Important For Maintaining Growth': CII Chief

The Confederation of Indian Industry (CII) says the government must announce a Rs 3 lakh crore fiscal stimulus to boost demand in the economy, adding that accelerated vaccination is the key to faster recovery. In an interview to NDTV, CII president TV Narendran says, "This year, we are expecting growth to be 9.5 per cent, but the key question is can we maintain that growth? 9.5 per cent growth will take us back two years. Vaccination is the most important part of maintaining growth. If we are not able to do that, then expect a growth of 6 per cent-6.5 per cent."

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