Niti Aayog Vice Chairman -- Rajiv Kumar has said India will transform into a middle-income country from a lower middle-income economy by 2030. He also said that India will witness a recovery in investment cycle by April 2021 and India will make strong efforts to improve its trade at the global level.
On the coronavirus situation in India, he said it is unfair to compare India's dealing of the COVID-19 pandemic with Western countries as resources and priorities are not the same. He noted that the government is working on saving lives and livelihoods.
Further, He said major programmes are focusing on health and welfare of those who are at the bottom of the pyramid and next (focus is) on the industry and business, reducing liquidity constraint and insolvency especially for MSMEs.