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Economic impact of 2nd COVID-19 wave likely to be muted; visible signs of eco rejuvenation: FinMin

Aug 10, 2021 | , , , , ,

The latest Monthly Economic Review, released by the finance ministry, said the ”robust recovery in tax collections cushions the fisc towards meeting the budgeted support to the economy”.

It also said the recent sero-prevalence results signify that India can reduce the likelihood of severe illness due to COVID-19 if the country sustains the momentum of the vaccination programme.

”Having antibodies reduces the probability of acquiring serious illnesses, as is borne by studies. So, any subsequent waves are expected to be mild in terms of severity of disease,” the ministry said in the report.

Covid-19 R-value more than 1 in 5 states, it’s cause for concern: Govt

Aug 10, 2021 | , , , ,

At a press briefing on the pandemic, officials said the reproduction number or R number that indicates the speed at which COVID-19 is spreading is more than 1 in five states — Himachal Pradesh, Punjab, Gujarat, Madhya Pradesh and Uttar Pradesh — which remains a cause for concern.

Andhra Pradesh, Goa and Nagaland have their reproduction number at 1, Joint Secretary in the Union Health Ministry Lav Agarwal said.

For India, it is around 1, he said.

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