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CEA: Corona second wave on Peak may occur by mid-May

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CEA: Corona second wave on Peak may occur by mid-May

The second wave of Corona has caused a lot of devastation across the country. In view of this, Chief Economic Advisor (CEA) of Modi Government K.V. Subramaniam has said that the second wave of corona may continue next month and the wave will  remain at its peak till mid-May.

Let us tell you that in the last 24 hours more than 2 lakh 95 thousand cases have come up in the country and more than 2000 people have lost their lives.

CEA: Corona second wave on Peak may occur by mid-May

K.V. Subramaniam(CEA) said, ‘I am not an epidemiologist (epidemiologist). I am just keeping an eye on it … I have read a lot of papers on Epidemiology. On the basis of good mathematics modeling at IIT Kanpur and research of many institutions like ICMR, I can say that the peak level of the second wave of Covid-19 in India will come by mid-May.

According to PTI, while addressing a virtual event organized by the Great Lakes Institute of Management, on Tuesday, he said that there are no experts in this field, so their assessment may have many different buts.

Not much impact on economy: CEA

Subramaniam has said that this corona wave will not have much effect on our economy. They have said that the assessment of the second wave is based on the research of institutions like ICMR.

CEA: Corona second wave on Peak may occur by mid-May

He said that he hopes that it would not have much impact on the economy, as the government has taken several measures to protect enterprises, especially MSME, from production losses.

He said that India is taking such measures while addressing the supply side constraints so that we can turn this disaster into an opportunity in terms of economy.

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SBI report: Corona’s second wave will be at a peak in the coming 20 days

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SBI report: Corona's second wave will be at a peak in the coming 20 days

According to a report by Sbi Research, the second wave of corona is spreading rapidly. The report states that in the coming few days a second wave of Corona will be at its peak.

‘Peak’ will come in a few days

SBI Research has reported in its report that the second wave of Corona will be at its peak by the coming days i.e. 15 and 20 of May. Then there will be around 3.6 million patients of corona infection in the country. With this, what will be the impact on the economy has also been told.

SBI report: Corona's second wave will be at a peak in the coming 20 days

Due to the lockdown in the states, SBI has also changed its estimate of the country’s economic growth rate for 2021-22. This growth rate can be 10.4% based on real GDP and 14.2% based on nominal GDP.

Recovery rate

sbi research has said in its power of vaccination report that corona will be at its peak in the coming 20 days and our recovery rate will be 77.8%.

SBI report: Corona's second wave will be at a peak in the coming 20 days

Tell you that the report said that if the recovery rate falls by 1% then there is an increase of 1.85 lakh people. And a 1% drop is taking 4.5 days.

Currently the recovery rate in the country is 82.5% and there are 3 lakh cases daily in the country.

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