India’s Economic Activity Continues To Hold Up Despite Worries Over A Second Wave: Nirmal Bang
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Nirmal Bang Report
In the first fortnight of March-21, economic activity held up despite rising worries over a second Covid-19 wave.
The number of active cases rose by 33.3% from the previous fortnight while the number of deaths was up by 26.9%.
However, the fact that the increase in fresh cases is restricted to a few states (particularly in Maharashtra) provides some respite. The roll-out of vaccines also provides solace.
As on March 17, 28.8 million people have received at least one dose of the vaccine while a total of over 35 million doses have been administered.
India is also only second to the U.S. in the number of doses that have been administered.
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