Responding to the second wave

Covid-19 has changed course, and so should we

Through 2020, it felt like the epidemic was gradually subsiding. We have a second wave of Covid-19 on our hands. This appears to reflect a combination of new variants, reduced social distancing, and difficulties of the data. Lockdowns are a blunt instrument and should be avoided. Firms need to strategise for 2021 and 2022 in this modified reality. The most important levers are better data and ending state control of vaccination.
 
The disease spread rapidly in early 2020. By July/August, seroprevalence studies were showing that a substantial proportion of India had developed antibodies. Evidence in Bombay suggested that the