Big revelation in SBI COVID-19 report … Second wave of coronavirus pandemic to peak in April

Ajeyo Basu

LAST UPDATED: March 25, 2021, 3:33 p.m.

New Delhi: The coronavirus pandemic has gained renewed momentum in the country with the number of COVID-19 cases increasing rapidly on a daily basis.

In such a situation, a report by the State Bank of India (SBI) says that India is seeing an increase in daily new cases of COVID-19 since February and it clearly shows the arrival of the second wave of the coronavirus pandemic. The report said that the second wave, which started on April 15, may continue for about 100 days.

In the second wave of the coronavirus pandemic, the number of COVID-19 cases can go up to 2.5 million (based on data trends up to March 23). The 28-page report stated that localized lockdowns or restrictions are ineffective and that the only way to win the fight against the Corona epidemic is to increase the speed of vaccination.

Focusing on economic indicators, the SBI report noted that the business activity index based on high-frequency indicators declined last week. Because the effect of lockdown or sanctions imposed by some states may be visible next month.

The report also calls for increased vaccination speed in states. The increase in immunization from the current 34 lakh to 40–45 lakh per day means that the immunization of citizens above 45 years of age can be completed four months from now.

Data from the Union Health Ministry showed that in India today, 53,476 new coronavirus cases have been recorded in a single day, the highest in five months.

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The Ministry of Health said on Wednesday that a new “double mutant variant” of the coronavirus has been found in 18 states of the country, which have also been found abroad.

“As we are witnessing the initial second wave and completing more than a year in our fight against the virus, we should focus on wearing masks and vaccinations,” ICMR Director General Balaram Bhargava said on Wednesday.

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