INSUBCONTINENT EXCLUSIVE:
SBI's economic adviser Soumya Kanti Ghosh has said vaccination can mitigate pandemic impactVaccination is the only option if India has to
mitigate the impact of the possible third wave of Coronavirus infection, which is expected to reach its peak in the second week of August
2021, chief economic adviser of the State Bank of India (SBI), Soumya Kanti Ghosh told TheIndianSubcontinent.Discussing the major aspects of
depend on how far we are able to vaccinate
pandemic.According to the report, household debt jumped sharply to 37.3 per cent of the GDP during the pandemic affected year of 2020-21
decline.On the huge deposit outflows at the beginning of the second wave of the pandemic, the SBI chief economic adviser said that if cases
come down then deposit outflows rate will also improve.
