A report published by SBI Research on Monday stated that the COVID third wave is likely to hit the country in August and it will peak in September. The report further stated about the second wave in India and said that it peaked on May 7. The second wave has hit the country in April and peaked in May, affecting thousands of families in Delhi, Maharashtra, Kerala and other state

Coming to SBI report, the report titled “Covid-19: The race to finishing line”, published by SBI Research, stated that vaccination is the only saviour as global data shows that, on an average, the third wave peak cases are around 1.7 times the peak cases at the time of second wave.

Only 4.6 per cent of the population in India is fully vaccinated, while 20.8 percent have received one dose, much lower compared to other countries including the US (47.1 percent), the UK (48.7 percent), Israel (59.8 percent), Spain (38.5 percent), France (31.2), among others. "India has achieved its second wave peak on May 7 and going by the current data, the country can experience around 10,000 cases somewhere around the second week of July," State Bank of India's Group Chief Economic Adviser, Soumya Kanti Ghosh, said in the report.

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