Prime Minister Narendra Modi on Wednesday said that the economic impact of COVID-19 is huge and that the world will not be the same after the pandemic passes.
“This once-in-a-lifetime pandemic has brought tragedy and suffering at the doorstep of many. The pandemic has impacted every nation. The economic impact is huge as well. Our planet will not be the same after COVID-19. In the times to come, we will certainly remember events as either pre-covid or post-COVID," Modi said.
Meanwhile, the world economy that was uniformly battered by the coronavirus pandemic in 2020 is experiencing diverging fortunes in 2021.
Most advanced economies and some emerging economies are witnessing a strong recovery, while the rest of the world, including India, has fallen behind.
The government has been facing increasing criticism over its mishandling of the second wave of the pandemic, with superspreader events such as political rallies and religious gatherings worsening the unprecedented health crisis.
India has also faced a shortage of medical oxygen, medicines and healthcare facilities during the second wave.
“We now have a better understanding of the pandemic, which strengthens our strategy to fight it. Most importantly, we have the vaccine, which is absolutely important to save lives and defeat the pandemic," Modi further said.
In the last 24 hours, the South Asian country has recorded 2,11,298 new COVID-19 cases. Tamil Nadu was the top contributor with 33,764 people testing positive for the virus, while Kerala saw 28,798 cases.