India is currently reeling under the spell of a second wave of the novel Coronavirus. Caseloads of daily Covid cases are surging steeply sending central and state governments into a tizzy.
Now, a new survey by SBI has revealed that the spurt of the second wave of Coronavirus in India will last up to 100 days.
The report also said that one of the ways to thwart this rapid rise of infections is to expedite the process of vaccination.
India is currently witnessing a rapid spike in daily Coronavirus cases with over 50,000 new infections were reported over the past 24 hours. The report stated the entire duration of second wave might last up to 100 days counted from 15 February.
SBI’s research team, which is headed by Soumya Kanti Ghosh, the bank’s chief economic adviser is painting a grim picture of the current surge in Covid cases. The report also said that that India is well poised this time to control the pandemic with vaccinations gaining pace.
“India is witnessing second wave of infection beginning February 2021, with daily new cases rising again. Pan-India total cases in the second wave expected in the order of 25 lakhs (based on trends in data till 23-Mar). Considering the number of days from the current level of daily new cases to the peak level during the first wave, India might reach the peak in the second half of April,” the report said.
“Though Global COVID-19 experience shows second wave much higher in intensity than the first wave, presence of vaccine makes the difference currently. Thus India will be able to manage the situation better.”