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Topic: April 2021 set a new record India. How much effect in Indian economy? (Read 409 times)

legendary
Activity: 3752
Merit: 1864
Thank you, very informative, and perhaps more realistic than articles in the media.
I have only 1 question - about "Sputnik" - why do you have such an interest in this dubious drug? How can it be useful for India, if its production in the Russian Federation is insignificant, it is not enough even to cover its internal needs, while in India itself, the CoviShield vaccine is produced, which is certified, and it has been tested for safety?

We don't have any other choice.

I am waiting for my turn ever since the vaccination program started in India (3 months back). But for now, those who are aged below 45 has no chance of getting a slot, at least for the next 2-3 months. Covishield and Covaxin are being manufactured in India at a rate of around 1.5 million doses per day. And the government has specified that those who are above the age of 45 years will be given priority and those aged <45 are low priority for them. As per the government directive, 70% of the vaccine supply has to be used as the second dose.

A number of my relatives and friends have recently died as a result of COVID. At this point, I really don't care whether it is Sputnik or Sinovac. I just want to get vaccinated using any vaccine that is available. And the strain that has emerged in India (B.1.617) seems to be a hundred times more contagious than the original strain.

You can't risk your health like that! It is still difficult to say what could be more harmful - a mild form of Covid or the consequences of a dubious drug ...
So I will remind you once again - Sputnik V will not help you in any way, it is simply not physically available in the volumes that are needed. And you have your own full-fledged and very powerful production. Moreover, a high-quality vaccine is sufficient. Let not the best, but already proven and predictable in terms of efficiency. Moreover, today the developers of Sputnik V have not provided all the necessary data and continue to manipulate data on the drug, so the World Health Organization (WHO) does not approve of this dubious drug to be used even for emergency use ...

We have approved:
Oxford / AstraZeneca (actively used)
Pfizer / BioNTech (delivery pending, highly limited volume)
Sinovac (actively used)
Jannsen seems to be expected, but I can't say for sure.
I'm really more interested in Moderna - they write that it is effective against virus strains.
legendary
Activity: 1974
Merit: 2124
April 2021 set a new record of Rs. 1,41,384 crore in GST collection in india.
Despite the second wave of COVID-19 pandemic effecting several parts of the country.
Indian business have once again shown remarkable resilience by not only complying with the return filing requirements but also paying their GST dues in a timely manner during the month.
     The finance ministry said in a statement.

 IT good for county economic?

The government has gained much from IGST which contributes nearly half of the GST collection amount as imports for various medical equipment's and other necessary items increased during this second wave of pandemic.The government has not given much tax relaxation to businesses inspite of such worst circumstances in the country as number of cases are rapidly increasing with fall in oxygen supply and beds to the patients.The politicians and parties are most probably busy in collecting taxes and Fund from the PM care fund for personal utilization.Private hospital are charging so much which are unbearable by middle and lower class families and you cannot imagine the real situation of citizens.In hour of need government need to setup tax liabilities for large scale business houses who are making profits and have a deep check on people trying to create any supply shortage in the market and once the conditions are normalised then once again implement same tax structure.
sr. member
Activity: 1988
Merit: 453
Thank you, very informative, and perhaps more realistic than articles in the media.
I have only 1 question - about "Sputnik" - why do you have such an interest in this dubious drug? How can it be useful for India, if its production in the Russian Federation is insignificant, it is not enough even to cover its internal needs, while in India itself, the CoviShield vaccine is produced, which is certified, and it has been tested for safety?

We don't have any other choice.

I am waiting for my turn ever since the vaccination program started in India (3 months back). But for now, those who are aged below 45 has no chance of getting a slot, at least for the next 2-3 months. Covishield and Covaxin are being manufactured in India at a rate of around 1.5 million doses per day. And the government has specified that those who are above the age of 45 years will be given priority and those aged <45 are low priority for them. As per the government directive, 70% of the vaccine supply has to be used as the second dose.

A number of my relatives and friends have recently died as a result of COVID. At this point, I really don't care whether it is Sputnik or Sinovac. I just want to get vaccinated using any vaccine that is available. And the strain that has emerged in India (B.1.617) seems to be a hundred times more contagious than the original strain.
legendary
Activity: 3752
Merit: 1864
Being an Indian resident, I would like to summarize what is going on here:

1. Religious institutions are still open and people can be seen in temples, churches and mosques without any sort of social distancing
2. There is widespread propaganda among the Muslim community that taking the vaccine for COVID 19 will make the recipients impotent. And this has resulted in a very low vaccine intake among the Indian Muslims.
3. The opposition is using the pandemic to target the government, with scant regard for people's lives. On one hand, they are using Whatsapp and Facebook to spread fake propaganda such as organ stealing is going on in hospitals and on the other hand they are attacking the government for low vaccination
4. Bureaucracy and red tape is costing thousands of lives in India. Sputnik V vaccine applied for license more than two months back, and the government hasn't yet made it available in the hospitals.
5. And finally, despite the lockdown measures a lot of people are still roaming around spreading the virus.

Thank you, very informative, and perhaps more realistic than articles in the media.
I have only 1 question - about "Sputnik" - why do you have such an interest in this dubious drug? How can it be useful for India, if its production in the Russian Federation is insignificant, it is not enough even to cover its internal needs, while in India itself, the CoviShield vaccine is produced, which is certified, and it has been tested for safety?
sr. member
Activity: 1988
Merit: 453
The lockdown started across the country due to last year's corona ban is still much looser than that. But in some states coronary heart disease is on the rise  they have taken some drastic steps it has had an impact on the economy about 3.7 lakh corona cases have been reported in the country more than three and a half thousand people have died lockdown has started somewhere locally to avoid infection. A number of retailers and wholesalers have been hit hard causing the economy to decline further many people have become unemployed due to the lockdown.

Shop owners are negatively impacted, as most of the people now prefer to purchase various items from online retailers. No one really want to risk infection by going to shops and purchase items on their own. BTW, uber-rich Indians have now managed to get out of India and tens of thousands of them are currently stationed in countries such as the UAE and Maldives. Within India, the tourist sector is essentially dead. And the situation is likely to remain as such for the remainder of this year.
sr. member
Activity: 1414
Merit: 326
The lockdown started across the country due to last year's corona ban is still much looser than that. But in some states coronary heart disease is on the rise  they have taken some drastic steps it has had an impact on the economy about 3.7 lakh corona cases have been reported in the country more than three and a half thousand people have died lockdown has started somewhere locally to avoid infection. A number of retailers and wholesalers have been hit hard causing the economy to decline further many people have become unemployed due to the lockdown.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Just like the other countries that have imposed lockdowns, it has increased the unemployment and made the economy worse because there are a few people that work and they're the only essentials.
I think lockdowns did help to mitigate the spread of the virus but that's a given result for doing it, economy going down but that's temporal.

Around 20%-30% of the Indian population are migrants from the villages who are employed in informal sectors in the urban centers. This section was the hardest hit group during the lockdowns. As long as the pandemic is there, this group will be mostly unemployed. The reason is that the middle class is mostly staying at home and they are not employing these migrants. Even without the lockdown, they were in a precarious situation. The lockdown just made things worse for them.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
The economic resiliency of India can be settled for now but the second wave that they're experiencing might pull that performance that their economy has shown of being resilient.
But it won't always be on that situation, nothing more or less but we all want India to have that recovery first on the second wave that they're experiencing.

Lockdowns and restrictions in movement will clearly have a negative impact on the economy. And from what I have heard, almost all the states have now imposed the lockdown in India. This will worsen the unemployment situation, and cause a further dip in the GST collection. Right now most of the states have imposed lockdown only for one or two weeks, but in all probability they are going to extend it even further. Because no sign of a slowdown in the infection has been noticed as of now.
Just like the other countries that have imposed lockdowns, it has increased the unemployment and made the economy worse because there are a few people that work and they're the only essentials.
I think lockdowns did help to mitigate the spread of the virus but that's a given result for doing it, economy going down but that's temporal.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
As has been reported in the media, if the huge increase in Covid 19 cases in India will have an impact on the economy that will easily collapse. I think it has happened at this time even many predictions say tens of millions of people in India are already experiencing economic difficulties this is very worrying for India
The number may be higher than what you say as Covid's situation in this country is getting worse, every morning I read information about India, almost the number of deaths increased very rapidly, accompanied by this problem is a very serious shortage of services, their health care facilities are not sufficient to deal with the current epidemic, the economy is deteriorating in the process. Perhaps starvation and backwardness will unfold in the Indian economy over the next few years, a support is also relatively difficult as nations are trying to protect them before helping someone.
sr. member
Activity: 1988
Merit: 453
This is not "exclusively Indian" behavior, it is very common for many. The only question is probably in the scale and depth of the denial of the rules. I am most worried about the behavior of certain groups - they are not some kind of fools, but rather organized, large groups of people:
- parishioners of churches. Especially in our country they try to behave "against logic" - the clergy and parishioners of the Russian Orthodox Church. In the midst of the epidemic, they urged parishioners to gather as often as possible in their church, to ignore the rules of protection, explaining the appearance of Covid as punishment for homosexuality, sin, moral degradation, alienation or rejection from their church. Rights very soon representatives of their church began to die en masse from the very same Covid, which caused a huge amount of "black humor".
The second part - these are political forces, usually socialist or near communist currents, which gathered the people "in spite of the imperialists". The arguments were similar to those of the clergy of the Russian Orthodox Church. The results are identical.
Moreover, if the latter were sometimes forced by the police to stop mass events, then it is difficult to influence the church in our country - it is separated from the state, and in fact it is a "country within a country." The results of all this were not long in coming - after 1-2 months they received a new outbreak of the incidence

Being an Indian resident, I would like to summarize what is going on here:

1. Religious institutions are still open and people can be seen in temples, churches and mosques without any sort of social distancing
2. There is widespread propaganda among the Muslim community that taking the vaccine for COVID 19 will make the recipients impotent. And this has resulted in a very low vaccine intake among the Indian Muslims.
3. The opposition is using the pandemic to target the government, with scant regard for people's lives. On one hand, they are using Whatsapp and Facebook to spread fake propaganda such as organ stealing is going on in hospitals and on the other hand they are attacking the government for low vaccination
4. Bureaucracy and red tape is costing thousands of lives in India. Sputnik V vaccine applied for license more than two months back, and the government hasn't yet made it available in the hospitals.
5. And finally, despite the lockdown measures a lot of people are still roaming around spreading the virus.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
The slowdown in infection that occurred in India should be supported by all groups in the country. if the government is actually already good at implementing health protocols, but vice versa with the community, then this will be ineffective, and of course the impact on the economic sector due to limited movement

The government can't do anything if the people refuse to obey the rules. I am a regular visitor to India for the last two decades and nowhere in the world you can find people who have such scant respect for the laws and regulations. Most of the Indians believe that it is cool to break the laws and show their arrogance in front of others. If people had obeyed the social distancing protocols, then this third wave could have been avoided. And it is always easy to blame the government for the current situation.

Look at the videos spread over the net there's no proper protocol has been followed and even if they are in hospitals with covid positive patience brought many of them still didn't wear their facemask properly so expect that there are more worse case to come if people will not be careful on their actions, if this virus will hardly hit them and government cannot solve this their econimy will possibly collapsed.
legendary
Activity: 3752
Merit: 1864
The slowdown in infection that occurred in India should be supported by all groups in the country. if the government is actually already good at implementing health protocols, but vice versa with the community, then this will be ineffective, and of course the impact on the economic sector due to limited movement

The government can't do anything if the people refuse to obey the rules. I am a regular visitor to India for the last two decades and nowhere in the world you can find people who have such scant respect for the laws and regulations. Most of the Indians believe that it is cool to break the laws and show their arrogance in front of others. If people had obeyed the social distancing protocols, then this third wave could have been avoided. And it is always easy to blame the government for the current situation.

This is not "exclusively Indian" behavior, it is very common for many. The only question is probably in the scale and depth of the denial of the rules. I am most worried about the behavior of certain groups - they are not some kind of fools, but rather organized, large groups of people:
- parishioners of churches. Especially in our country they try to behave "against logic" - the clergy and parishioners of the Russian Orthodox Church. In the midst of the epidemic, they urged parishioners to gather as often as possible in their church, to ignore the rules of protection, explaining the appearance of Covid as punishment for homosexuality, sin, moral degradation, alienation or rejection from their church. Rights very soon representatives of their church began to die en masse from the very same Covid, which caused a huge amount of "black humor".
The second part - these are political forces, usually socialist or near communist currents, which gathered the people "in spite of the imperialists". The arguments were similar to those of the clergy of the Russian Orthodox Church. The results are identical.
Moreover, if the latter were sometimes forced by the police to stop mass events, then it is difficult to influence the church in our country - it is separated from the state, and in fact it is a "country within a country." The results of all this were not long in coming - after 1-2 months they received a new outbreak of the incidence

legendary
Activity: 3766
Merit: 1217
The slowdown in infection that occurred in India should be supported by all groups in the country. if the government is actually already good at implementing health protocols, but vice versa with the community, then this will be ineffective, and of course the impact on the economic sector due to limited movement

The government can't do anything if the people refuse to obey the rules. I am a regular visitor to India for the last two decades and nowhere in the world you can find people who have such scant respect for the laws and regulations. Most of the Indians believe that it is cool to break the laws and show their arrogance in front of others. If people had obeyed the social distancing protocols, then this third wave could have been avoided. And it is always easy to blame the government for the current situation.
full member
Activity: 1526
Merit: 111
Pepemo.vip
The economic resiliency of India can be settled for now but the second wave that they're experiencing might pull that performance that their economy has shown of being resilient.
But it won't always be on that situation, nothing more or less but we all want India to have that recovery first on the second wave that they're experiencing.

Lockdowns and restrictions in movement will clearly have a negative impact on the economy. And from what I have heard, almost all the states have now imposed the lockdown in India. This will worsen the unemployment situation, and cause a further dip in the GST collection. Right now most of the states have imposed lockdown only for one or two weeks, but in all probability they are going to extend it even further. Because no sign of a slowdown in the infection has been noticed as of now.
The slowdown in infection that occurred in India should be supported by all groups in the country. if the government is actually already good at implementing health protocols, but vice versa with the community, then this will be ineffective, and of course the impact on the economic sector due to limited movement
full member
Activity: 783
Merit: 100
As has been reported in the media, if the huge increase in Covid 19 cases in India will have an impact on the economy that will easily collapse. I think it has happened at this time even many predictions say tens of millions of people in India are already experiencing economic difficulties this is very worrying for India
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
The economic resiliency of India can be settled for now but the second wave that they're experiencing might pull that performance that their economy has shown of being resilient.
But it won't always be on that situation, nothing more or less but we all want India to have that recovery first on the second wave that they're experiencing.

Lockdowns and restrictions in movement will clearly have a negative impact on the economy. And from what I have heard, almost all the states have now imposed the lockdown in India. This will worsen the unemployment situation, and cause a further dip in the GST collection. Right now most of the states have imposed lockdown only for one or two weeks, but in all probability they are going to extend it even further. Because no sign of a slowdown in the infection has been noticed as of now.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
The economic resiliency of India can be settled for now but the second wave that they're experiencing might pull that performance that their economy has shown of being resilient.
But it won't always be on that situation, nothing more or less but we all want India to have that recovery first on the second wave that they're experiencing.
sr. member
Activity: 2436
Merit: 455
India is going through a rough patch by now. Last year, they made a bad decision that has been haunting them now. They decided to push through their traditional festival which involves religious gathering that was attended by millions of people around the world. That was called a "super spreader" because during that time, it was already pandemic. Hence, a lot of people contacted the virus and spread it to others without them knowing.

Now, they are facing the repercussions of their bad decision making. Their economy is declining. The situation there was televised the other day here in our country. It was pitiful. A lot have died and were just cremated in an empty parking lot due to full crematoriums. They badly needed oxygen tanks. Most cities and provinces were put on a curfew. Even though it was just a curfew, it looked like they were in lockdown because the places looked like a ghost town. Only few establishments are open. Strict implementation of safety protocols are done.

If this will last, it will surely cause a great trouble to India's economy. Their citizens will most likely feel the hardship as time passes by. Let's all hope for the better and if we have a spare money, we can donate to help and ease their difficulties.
full member
Activity: 1022
Merit: 133
Considering how hard the pandemic hit them, it will definitely affect their economy in the present and in the future. It was actually caused by their complaisance after having everything under control. They thought it would be fine to loosen up the tight health protocols and as the outcome, a new strand of the virus existed which appeared to be much more epidemic compared to the present ones. Dead bodies are being cremated in masses and just imagin how aweful the smell it will be producing. Most of their hospitals falls short of oxygen and their rooms are getting filled as other patients fails to be accomodated.

It's funny but extremely sad at the same time that you mentioned about the "smell" of the dead bodies :/ I mean they are human beings, well, I agree with your other points, after September, when the graph started to decline, everyone thought it would be just okay to be free again, everything opened, malls, theatres, as if the virus never existed lmfao. And that led to this!
sr. member
Activity: 1050
Merit: 286
Considering how hard the pandemic hit them, it will definitely affect their economy in the present and in the future. It was actually caused by their complaisance after having everything under control. They thought it would be fine to loosen up the tight health protocols and as the outcome, a new strand of the virus existed which appeared to be much more epidemic compared to the present ones. Dead bodies are being cremated in masses and just imagin how aweful the smell it will be producing. Most of their hospitals falls short of oxygen and their rooms are getting filled as other patients fails to be accomodated.
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