SBI’s Group Chief Economic Advisor Soumya Kanti Ghosh report predicts that the Covid-19 new cases in India could last up to 100 days. Additionally, it would peak in the month of April. He suggested faster vaccination.
Has India entered the second wave of the Covid-19 pandemic? Considering the current level of daily new cases with the last year cases, it is likely to estimate that the country will reach the high in the mid of April. The second wave of Covid-19 in India could last till the end of May. It is estimated that over 25 lakh cases if we consider the trends till March 23.
All these estimations are the part of State Bank of India research report – “The second wave of infections: The beginning of the end”. The State Bank of India’s Group Chief Economic Advisor Soumya Kanti Ghosh releases this report. In this report, Ghosh said that the second wave of the Covid-19 pandemic duration might last up to 100 days starting from mid-February 2021. He also added that vaccination should be faster than before as it is a more effective way than lockdown.
The report said “Though global Covid-19 experience shows the second wave much higher in intensity than the first wave, presence of vaccine makes the difference currently. But India will be able to manage the situation better.”
On March 25, India reported 53,000+ fresh Covid-19 cases and it is the highest since November 6, 2020. Punjab and Maharashtra once again the worst-affected states in India.
His report warns as it cites France that spike over 11 times more Covid-19 cases than the first wave. The only silver lining this time, according to the report, is the availability of vaccines against Covid-19.
District-Wise Analysis (SBI Report)
The report also conducted a district-wise analysis and found that the cases again started to rise in the top 15 districts of India. The report says that Kerala is the most worst-affected districts in January 2021.