India’s Economic Activity Continues To Hold Up Despite Worries Over A Second Wave: Nirmal Bang
Pedestrians walk along a road in Mumbai, India. (Photographer Dhiraj Singh/Bloomberg)

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.

Click on the attachment to read the full report:

Nirmal Bang India Covid recovery tracker - Economy Update-18 March 2021.pdf

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