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Topic: Vaccination Started in India | Impact over Indian Economy & World? - page 3. (Read 877 times)

full member
Activity: 1540
Merit: 219
There are recently reports that one of the world's biggest vaccine-making facilities are on fire due to a possible accident and it will severely affect India's economy.

They said that there are many countries who already have a contract with this Covid-19 vaccine supplier but sadly this disaster happens.

I know that many countries are now problematic because a supplier is in crisis right now. I'm hoping that they can recover as soon as possible because there are a lot people who are hoping for the vaccine which will boost India's economy positively.
legendary
Activity: 3080
Merit: 1500
With the initiative of COVID-19 vaccination which started today (16th Jan 2021) we have entered whole new era of pandemic. Indians have finally made it through successful vaccination campaign and 0.12 million dosage are already dispatched throughout local region.

This will help break the chain of COVID-19 in India and people here can initiate the routine life.  It’s wonderful to see that they have already began their normal life before vaccination. However with the vaccine out schools, colleges and other populated institutes will be powered up with enormous speed.

The most basic thing is now operational at fullest. 

What do you guys think about India and it’s economy ? Whether they will have advantage over other nations in grabbing more economic throughput due to vaccination??

To hell with this vaccination where the Prime minister and other leaders of the country have not yet shown the courage to take the vaccine! The India made vaccine is more of an political instrument rather than a medicine! That's why our Supreme Leader didn't show the courage to inject himself with it! There are numerous incidents happened where people have died and hospitalized after taking this vaccine.

The world economy has started riaing already. That is not because of the vaccine but due to the market demand. With the easing of lockdown, the market demand started rising which inturn increased the cash flow within the market. So every single economy will rise in 2021 and beyond. India will be no exception because of its huge internal market.
copper member
Activity: 700
Merit: 120
Gamdom
With the initiative of COVID-19 vaccination which started today (16th Jan 2021) we have entered whole new era of pandemic. Indians have finally made it through successful vaccination campaign and 0.12 million dosage are already dispatched throughout local region.

This will help break the chain of COVID-19 in India and people here can initiate the routine life.  It’s wonderful to see that they have already began their normal life before vaccination. However with the vaccine out schools, colleges and other populated institutes will be powered up with enormous speed.

The most basic thing is now operational at fullest. 

What do you guys think about India and it’s economy ? Whether they will have advantage over other nations in grabbing more economic throughput due to vaccination??
Indian vaccine isn't enough good for human body because it is already reasons for death because of side effects. I mean it is not totally worked. But by this, we can decrease the panic which already spread out. We are honoured to the Indian government who sent their vaccine for Bangladesh, maybe other countries will also get this too very soon as per their foreign policy.
member
Activity: 700
Merit: 14
One thing is certain, if India can effectively the pandemic covid 19 with the vaccines they produce.  they will be the pioneers for other nations to learn from.  India is populated only after China, and they do well, which will create great premises to overcome difficulties and revive their economy in particular and the world in general.
member
Activity: 1204
Merit: 38
I don't think so because other countries have already started their vaccination especially those countries that developed the vaccine. But since India is also a manufacturer of the vaccine like those countries who also developed it such as US and China, we bought those vaccines from their country and obviously it's an advantage for their economy.

It'll help also the economy because they will now recover their production rate from 50% to 100% that will also develop the economy.


Many countries that found the vaccines are not producing them, mostly they order with a country like India because they are capable of producing more vaccines.




In 2021, India is likely to manufacture 3.6 billion dosages of 6 different types of covid 19 vaccines and China still lacks behind India but US is likely to produce more vaccines than any other country.

Of course, manufacturing will help the economy to help a bit but it's not going to be a considerable amount to tackle the crash from covid.

Source: https://timesofindia.indiatimes.com/india/at-3-6-billion-india-pegged-to-produce-most-covid-19-vaccine-doses-after-us-in-2021/articleshow/80254075.cms
hero member
Activity: 2044
Merit: 784
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What do you guys think about India and it’s economy ? Whether they will have advantage over other nations in grabbing more economic throughput due to vaccination??
I don't think India will have an advantage over other nations, because almost all countries are already vaccinating their citizens, including the biggest world powers, what puts all of them at the same *level* of advantage, if we can say that. And I'm not sure if economy is going to work 100% on short run yet as I have seen some specialists telling that vaccination doesn't mean end of restrictive measures and lockdowns.
Probably economy is going to work at a slower rhythm for some time yet. Also keep in mind effective vaccines aren't made so fast like in 1 year period. It usually takes 4 years or more to have a real proven medicine. That is why I think we need to be cautious about these currently developed vaccines, although all the effort being put on it by different cientists is meritorious.
full member
Activity: 1022
Merit: 133
I don't think so because other countries have already started their vaccination especially those countries that developed the vaccine. But since India is also a manufacturer of the vaccine like those countries who also developed it such as US and China, we bought those vaccines from their country and obviously it's an advantage for their economy.

It'll help also the economy because they will now recover their production rate from 50% to 100% that will also develop the economy.



I don't really get what you are trying to imply here. Are you saying we (assuming you are Indian?) have bought the vaccine from other countries as well as made here in home? That's contradiction statement. If you see, lots of countries have ordered vaccines from India and have trusted our vaccines so we have a positive impact on our economy, we aren't buying much vaccines from other countries.
full member
Activity: 1428
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With the initiative of COVID-19 vaccination which started today (16th Jan 2021) we have entered whole new era of pandemic. Indians have finally made it through successful vaccination campaign and 0.12 million dosage are already dispatched throughout local region.

This will help break the chain of COVID-19 in India and people here can initiate the routine life.  It’s wonderful to see that they have already began their normal life before vaccination. However with the vaccine out schools, colleges and other populated institutes will be powered up with enormous speed.

India has a very admirable development in medical science in recent years. In the heart of the covid-19 pandemic, they have developed three vaccines that are in clinical trials in phases. As far as I know, by the end of March - this trial will be over. Will this massive vaccination be enough to supply nearly 1.4 billion Indian citizens? Congratulations and hope they will take good control of covid-19 and have information to share with other countries around the world.
sr. member
Activity: 1596
Merit: 335
Let's hope that vaccine for Covid reaches all the corner of the world and is accessible for everyone. The economy and everyone's living was crippled due to the pandemic. This will help ease the economic problem, especially for those who have lost employment due to the lockdown period. This will slowly lift everyone's hope amongst the hardship the pandemic had brought.
hero member
Activity: 1288
Merit: 524
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Now that the vaccine is developed, the global economy will start to bounce back but vaccine is still many months away to some 3rd world countries.

Some scientists even say third world countries won't get enough vaccinations in the next two years. Even industrialized countries that have pre-ordered enough vaccine will not be able to vaccinate most of their populations until next fall. And one problem is still that there are many mutations and it is still not clear whether the vaccine is effective for all mutations.

There are reports that the Pfizer vaccine is effective against the new strain of COVID 19 (UK variant) but the data is yet to be verified by other scientists. But the news is very satisfying for the general public.
As far as general public vaccination is concerned it might take around a year or two to completely vaccinate the population.
tyz
legendary
Activity: 3360
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Now that the vaccine is developed, the global economy will start to bounce back but vaccine is still many months away to some 3rd world countries.

Some scientists even say third world countries won't get enough vaccinations in the next two years. Even industrialized countries that have pre-ordered enough vaccine will not be able to vaccinate most of their populations until next fall. And one problem is still that there are many mutations and it is still not clear whether the vaccine is effective for all mutations.
sr. member
Activity: 1316
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Positive signals will come to us more in the near future,. India, a country with a large population and economy in the world, is showing positive news in the process of repelling the epidemic in the country. this. Soon we will get back to the daily work and soon the economy will be restored, I am also seeing a lot of governments of all countries announcing vaccinations for their people.
legendary
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I don't think so because other countries have already started their vaccination especially those countries that developed the vaccine. But since India is also a manufacturer of the vaccine like those countries who also developed it such as US and China, we bought those vaccines from their country and obviously it's an advantage for their economy.

It'll help also the economy because they will now recover their production rate from 50% to 100% that will also develop the economy.



Speaking of India,

The building being built by the Serum Institute of India, the largest vaccine manufacturer in the world, caught fire. Did you know that a billion doses of the COVID-19 vaccine will come from their country? Their opportunity to grow their economy during the pandemic was lost and now I don't know if they will recover it fast and produce a lot of vaccines.

Our country has also negotiations with Serum Institute of India, we ordered 30 million doses of vaccine which is Covovax.

https://www.ndtv.com/india-news/fire-at-serum-institute-live-updates-2355971
hero member
Activity: 2002
Merit: 535
Indians have finally made it through successful vaccination campaign and 0.12 million dosage are already dispatched throughout local region.
The amount dispatched and the amount of population does not make sense, as far as i understand they have over a billion population and how long it will take to vaccinate everyone is not a small task either.

What do you guys think about India and it’s economy ? Whether they will have advantage over other nations in grabbing more economic throughput due to vaccination??
The economic situation depends upon the policies the government proposes and they the reports even before the pandemic was not that great and with a complete lockdown for months will take the economic growth further down and vaccination alone will not save the economy.
hero member
Activity: 1428
Merit: 574
It will be scary if your government official doesn't do a informational campaign about the ongoing vaccination program and you don't need to be afraid of those since if WHO approve the vaccine for sure  it is safe for humanity although its really scary at first but we need to be confident and trust  our experts on their jobs since many of us will insist for sure all of us will suffer since the virus will still not be contained as long as there are doubtful peoples.

The media said that the Indian government had been successful in campaigning for this vaccination, but on its inaugural day, it failed to reach the target due to several problems. Regarding the safety of the existing vaccines, currently WHO has approved it so that it can be ascertained that it is safe. The Indian government is targeting to vaccinate its 300 million people, when compared to the total population of 1.5 billion, approximately only 23% of the total population will be vaccinated. The number of infected people reached 10.3 million and the number of deaths was 153 thousand, an estimated 1.5% death rate due to Covid-19 in India. Vaccines will work if all work together in maintaining health protocols because vaccines only prevent the virus from killing. The virus will still exist, but it will be slow to spread if everyone sticks to the existing rules. I am sure that the economy will recover if it goes according to government policy. However, the tough task of economic recovery remains. The economy will not be as good as it used to be, but we will face a new economic phase.
legendary
Activity: 1778
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I don't think so because other countries have already started their vaccination especially those countries that developed the vaccine. But since India is also a manufacturer of the vaccine like those countries who also developed it such as US and China, we bought those vaccines from their country and obviously it's an advantage for their economy.

It'll help also the economy because they will now recover their production rate from 50% to 100% that will also develop the economy.

hero member
Activity: 2114
Merit: 619
Technically this isn't a vaccination in India. I feel these are more like phase-3 Trials of the vaccines. Saying this because I don't see any public documents on phase-3 Trials results of the vaccines. Everyday new complications are coming up and the company is bringing in new restrictions and guidelines on vaccines. I think vaccination in India has been more like Russia. Sputnik V had similar kind of story in Russia. But now there have been a lot of vaccination and people are starting to feel it's safe. once top celebrities and politicians take it folks would become more confident about vaccines. Talking about Economy I think our economy especially stock markets have already discounted the vaccination's success we are floating at much higher than all time high. Economy is already back on track here
The people wanted the vaccine as quick as possible so we can't blame that they are going to do the Phase 3 of the trial in public, ethics aside the people are the ones that are at fault here, a vaccine could have been developed better if we didn't rush things. Having personalities make people inspired to get vaccination which is good for the reason that the vaccination process becomes faster, good thing that it is not USA where there are idiots that outright does not want a vaccine.

My take on this situation is that if India were to vaccinate the 80% of their working citizens, I think that they will have a big head start when it comes to economy recovery race.
No one rushed things it was the world leaders and pharma companies only who have rushed things. Trust me daily life at least in my city has become pretty normal despite the growing number of cases that we are getting. Moreover, I feel now most of the cases are going unreported as only those who become seriously ill worry about seeing a doctor. If you have a conversation with anyone they aren't really much excited about the vaccine. They have realized that they have to live with COVID no matter how it goes ahead. Yes there is a class of people who want to be vaccinated and there was some pressure from the opposition but literally speaking, there was zero pressure from citizens in respect of vaccination in India.
hero member
Activity: 2632
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With the initiative of COVID-19 vaccination which started today (16th Jan 2021) we have entered whole new era of pandemic. Indians have finally made it through successful vaccination campaign and 0.12 million dosage are already dispatched throughout local region.

This will help break the chain of COVID-19 in India and people here can initiate the routine life.  It’s wonderful to see that they have already began their normal life before vaccination. However with the vaccine out schools, colleges and other populated institutes will be powered up with enormous speed.

The most basic thing is now operational at fullest.  

What do you guys think about India and it’s economy ? Whether they will have advantage over other nations in grabbing more economic throughput due to vaccination??

Being injected with this covid 19 vaccines is still scarry  because  there is no clear information about the side effects of it in our body. Also the immunity of those vaccine is not too long but if ever it is very effective with less side effect, it will be good enough to help every country to fight against covid virus. Hopefully, this can help our economic status to recover and go back to a normal.

It will be scary if your government official doesn't do a informational campaign about the ongoing vaccination program and you don't need to be afraid of those since if WHO approve the vaccine for sure  it is safe for humanity although its really scary at first but we need to be confident and trust  our experts on their jobs since many of us will insist for sure all of us will suffer since the virus will still not be contained as long as there are doubtful peoples.
sr. member
Activity: 1624
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Technically this isn't a vaccination in India. I feel these are more like phase-3 Trials of the vaccines. Saying this because I don't see any public documents on phase-3 Trials results of the vaccines. Everyday new complications are coming up and the company is bringing in new restrictions and guidelines on vaccines. I think vaccination in India has been more like Russia. Sputnik V had similar kind of story in Russia. But now there have been a lot of vaccination and people are starting to feel it's safe. once top celebrities and politicians take it folks would become more confident about vaccines. Talking about Economy I think our economy especially stock markets have already discounted the vaccination's success we are floating at much higher than all time high. Economy is already back on track here
The people wanted the vaccine as quick as possible so we can't blame that they are going to do the Phase 3 of the trial in public, ethics aside the people are the ones that are at fault here, a vaccine could have been developed better if we didn't rush things. Having personalities make people inspired to get vaccination which is good for the reason that the vaccination process becomes faster, good thing that it is not USA where there are idiots that outright does not want a vaccine.

My take on this situation is that if India were to vaccinate the 80% of their working citizens, I think that they will have a big head start when it comes to economy recovery race.
full member
Activity: 1218
Merit: 112
Covid-19 brought unpredictable change in the economy sector. As vaccination has just started.
Now, the question arises how vaccination will impact the Indian economy. India is hoping to recover economically soon. Economy shrank a lot in India because of Covid-19. New wave of Covid-19 damaged India a lot. As a result, industrial works stopped in India. Their export business had stopped. Because of this, they are falling economically. Many people lost their job. Covid cases are increasing day by day. They are losing a lot of money in the health sector. But they didn't lose their hopes. They are waiting for the vaccine. They think that vaccination will solve their problems and that day is not so far. But scientists are assuming that the newly discovered vaccine will take time to work perfectly.
Although vaccination is started, but economist predict it will take some time to recover economically until the vaccine works its best.
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