‘Vaccination key to health of economy,’ says K.V. Subramanian
The Hindu
Economic impact due to spate of lockdowns across States not likely to be as bad as last year, says CEA
The economic impact of the second wave of the COVID-19 pandemic may not be very large at this point but curbing the pandemic through swift vaccination and strict COVID-19 protocols is imperative to revive economic activity, Chief Economic Adviser K.V. Subramanian said on Monday. “Vaccination is important for the health of the people as well as the health of the economy… The economic impact is inextricably linked to the overall pandemic itself. The economy had recovered very well by March but then the second wave has moderated the momentum,” he said during a briefing on the state of the economy. While the spate of lockdowns across States is beginning to hurt the economy, the second wave of the COVID-19 pandemic has peaked in early May and the restrictions imposed so far have been ‘asynchronous and heterogenous’ and hence the decline is not likely to be as bad as last year, the CEA said.More Related News
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.