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India Covid-19 Recovery Tracker - Economy Awaits Festive Cheer; Vaccination Loses Some Momentum: Nirmal Bang

India Covid-19 Recovery Tracker - Economy Awaits Festive Cheer; Vaccination Loses Some Momentum: Nirmal Bang

<div class="paragraphs"><p>Customers shop for fruit and vegetables at a wholesale market as lockdown restrictions are eased in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)</p></div>
Customers shop for fruit and vegetables at a wholesale market as lockdown restrictions are eased in New Delhi, India. (Photographer: Anindito Mukherjee/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 first fortnight of August 2021, mobility improved across the board.

However, the New Delhi traffic congestion index witnessed a modest dip. Mobility for essential services; retail and recreation; and use of public transport is now back at levels seen in November and December 2020 (when the first wave had ebbed).

Active cases were down by ~5.8% from the previous fortnight.

However, the pace of vaccination has lost some momentum, with some states reporting shortage of vaccines.

Only 19.6 million people entered the fully vaccinated category in the first fortnight of August 2021 as against 23.9 million in the previous fortnight.

Click on the attachment to read the full report:

Nirmal Bang India Covid recovery tracker - Economy Update-17 August 2021.pdf

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