As the second wave of corona recedes in the country, the economy is facing a major challenge as inflation is on the rise.
Mumbai: India has also done it. For the 76th day in a row, corona patients have seen a decline. The number of patients newly infected with corona in the last 24 hours is reassuring. So it seems now that the corona is declining. At the same time, the government has focused on a large-scale corona vaccination campaign.
The second wave of corona seems to be waning now. Today, 76 days later, there is great news. In the last 24 hours, 62 thousand 597 new patients were registered. 1452 Corona has killed patients. So far, the total number of patients infected with corona has reached 2 crore 95 lakh 70 thousand 35.
As the second wave of corona recedes in the country, the economy is facing a major challenge as inflation is on the rise. Both the wholesale and retail indices have reached record highs in May.
Inflation, as measured by the Wholesale Price Index (WPI), rose to 12.94 per cent in the previous month. It has been the highest since the index came into existence. It was minus 3.37 per cent in May last year. In April 2021, it was 10.49 per cent. This is the fifth consecutive month of growth. Inflation in June is expected to be as high as 12 per cent, though not at a record high.