India Covid-19 Recovery Tracker - Economic Activity Near Normal: Nirmal Bang

India Covid-19 Recovery Tracker - Economic Activity Near Normal: Nirmal Bang

A customer shops for garments during the festival of Dhanteras at the Lajpat Nagar market in New Delhi, India. (Photographer: Prashanth Vishwanthan/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

In the second fortnight of September 2021, economic activity by and large normalised.

Mobility improved across the board although the New Delhi traffic congestion index softened slightly.

Vaccination is also progressing well, with 18.5% of the population having received both the doses and ~49% of the population having received at least one dose as of October 04, 2021.

Active Covid-19 cases were down by 21% over the previous fortnight while incremental deaths were down by 7.5%.

Active Covid-19 cases are now at levels seen before the start of the second Covid-19 wave.

However, the number of deaths is higher than seen before the start of the second Covid-19 wave.

Nevertheless, all economic indicators are largely in the positive territory.

Click on the attachment to read the full report:

Nirmal Bang India Covid recovery tracker - Economy Update-05 October 2021.pdf
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