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Third Covid-19 wave unlikely to be as devastating as second: FinMin

Says 68% of the population above six years has antibodies, which would reduce the likelihood of infection

Finance Ministry, Ministry of Finance
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Inflation pressures likely to smoothen out over the coming months, says FinMin (Photo: Shutterstock)

Shrimi Choudhary New Delhi
The Finance Ministry on Tues­day said that the third wave of Covid-19 is unlikely to be as devastating as the second as about 68 per cent of the population aged above six has antibodies, which would reduce the likelihood of infection.
 
It further said that the economic impact of the second wave is likely to be muted and there are visible signs of economic rejuvenation. However, the ministry raised concerns over the resurgence of active cases, which rose by July end, with the positivity rate inching up to 2.42 per cent during the month.
 
“The recent seroprevalence results

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