ECONOMY

Thwarting The Second Wave – Rapid Vaccination Should Be The Primary Tool And Not Lockdown: SBI Research

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Current State Bank of India FY22 projection is at 11% real gross domestic product (Reserve Bank of India: 10.5%) and 15% nominal GDP growth (Union Budget: 14.4%) for FY22 on the back of low base effect and renewed economic momentum.

However, given the current circumstances of partial/local/weekend lockdowns in almost all states, our growth forecast is now revised downwards.

Almost 900 million people at least have received one dose of Covid-19 vaccine world-wide.

However, top 15 countries accounted for 84% of total vaccination indicating huge unevenness.

Only 2.6% of population is fully vaccinated in the world, and in India only 1.2% of population is fully vaccinated till now.

Click on the attachment to read the full report:

SBI Research Second Wave.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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