Vaccination Started in India | Impact over Indian Economy & World?

[Raflesia]

I don't really know how fast the Indian government is vaccinating its people but I believe that other countries already started preparing and giving vaccines. Since India has a bigger population, it's understandable for their government to make fast action and start with mass vaccination. But I can't really say if they will have economic advantages since other countries are also working on it. This is not a race where the first country to finish providing vaccines for everyone will have an economic advantage. But obviously, if things work smoothly, not only in India without any problem with the vaccine, we will soon be back to our normal lives.

Yes indeed it is very natural if India takes vaccination measures for its citizens if they are able to distribute vaccines throughout then I don't know what will happen, not only in India, in my area, Indonesia has started vaccinating this to prevent the virus from spreading it continues to spread, even the first president who was vaccinated was to convince the public to want to be vaccinated because some of them did not want to be vaccinated.

Because this also refers to the economy that occurs if indeed the vaccinations are carried out and they are stronger, the economy will be better than before.
But I think it's still speculation and vaccines don't necessarily heal the economy from slumping.

[el kaka22]

Vaccination started in many places, it is not obviously that easy to say whats going to happen but this is a right step forward. I have seen vaccination starting in at least 11 nations so far I know of, there are probably more that I haven't heard about, this is going to be tough.

First of all wherever nations can get their hands on vaccination, they will do so and get the vaccination to make it better for the nation, they will apply it to everyone they can, hopefully every single human in that nation if they can do so, it will obviously take a long long time but it will eventually happen, but even with that taking time and still not recovering fully and will be a while, we are going to also have nations that "refuses to believe covid is real" by the politicians, and that is going to be even harder, Brazil as far as I know refused but still took the vaccination from china so let's see if everyone does that.

[Renampun]

not only your country has started vaccination but many countries have started...
There are many reports circulating on the internet that the effectiveness of the vaccine is only 60%, which means that it still has the same potential to be infected with Covid19. there will definitely be a lot of protests happening in the next few weeks and for sure it will destabilize the world economy *not just India

[mezzaluna]

With the initiative of COVID-19 vaccination which started today (16th Jan 2021) we have entered whole new era of pandemic. Indians have finally made it through successful vaccination campaign and 0.12 million dosage are already dispatched throughout local region.

This will help break the chain of COVID-19 in India and people here can initiate the routine life.  It’s wonderful to see that they have already began their normal life before vaccination. However with the vaccine out schools, colleges and other populated institutes will be powered up with enormous speed.

The most basic thing is now operational at fullest. 

What do you guys think about India and it’s economy ? Whether they will have advantage over other nations in grabbing more economic throughput due to vaccination??

I'm actually amaze on how well India did during this Pandemic. There are a lot of casualties but their response is better than other countries and now that they have the vaccine. They can now revive their economy slowly even though its still working during the pandemic. They will absolutely still have the Technological Advantage against other countries because of their love for Technology.

[tyz]

What do you guys think about India and it’s economy ? Whether they will have advantage over other nations in grabbing more economic throughput due to vaccination??

Without appearing disrespectful: India has the most inhabitants in the world, but economically it is still a dwarf. As a result, the start of vaccinations will have little impact on the global economy. Rather, it can have a psychological effect if such a large, heterogeneous country manages to vaccinate most of its inhabitants and become literally immune to the infection.

[shield132]

Can anyone tell me how reliable are the statistics provided by the Indian government? From what I have seen, Indian people are closely, there are thousands of people in places where in Europe you may see only 50-100 man. There are so many people in India and they live so closely, I am very amazed that statistics provided by their government is very low. I am not Indian but logically if we have a look at their livings, at least 90% of the population should be covid infected. Also, I wouldn't say that restrictions were beneficial for Indian people, higher percentage of their population is very poor and if not Covid, then hunger will kill them.

[The Sceptical Chymist]

What do you guys think about India and it’s economy ?

I can't say I know too much about it other than there's a lot of poverty (which is the case in a lot of other countries as well).  I also don't know how badly the economy has been affected by the coronavirus outbreak, since the news in my country is reporting solely on Trump and other bullshit.

But I'm glad Indians started receiving the vaccination, and it can only help the economy, not hurt it.  So yeah, I think this is a net positive thing for India--but man, there are a lot of people living in that country, and that means a ton of doses are going to be needed.  Hopefully you guys will have enough to go around.

[magneto]

With the initiative of COVID-19 vaccination which started today (16th Jan 2021) we have entered whole new era of pandemic. Indians have finally made it through successful vaccination campaign and 0.12 million dosage are already dispatched throughout local region.

This will help break the chain of COVID-19 in India and people here can initiate the routine life.  It’s wonderful to see that they have already began their normal life before vaccination. However with the vaccine out schools, colleges and other populated institutes will be powered up with enormous speed.

The most basic thing is now operational at fullest. 

What do you guys think about India and it’s economy ? Whether they will have advantage over other nations in grabbing more economic throughput due to vaccination??

It's important to note that the vaccinations will not reach the majority of the Indian population until much later.

Sure, there will be an economic restart underway. But with India's health infrastructure, this early lead that they've got will likely shrink as other advanced economies with robust health frameworks start to get vaccines on a commercial scale.

Will this be a game-changer? No. Most asset classes have already priced in the vaccine being around the corner anyway.

[Kakmakr]

Most countries hope that they can create a herd immunity if more than 80% of their population has taken the vaccine... but the problem is that this virus is mutating and just when they think they have won... the virus are going to mutate and the vaccine will be useless.

We are in this for the long haul... so prepare yourself to dump Billions of Dollars into vaccines that would be needed every time a new mutation has occurred. It will have a devastating affect on most countries economic budgets and they will have no choice to repeat the whole process with every new mutation.    (Just like the flu vaccine people take each year)

[MCobian]

Even though I am not a resident of India, but I am very happy that finally the vaccination process started in India. There is no guarantee that
vaccination will bring India's economy back to normal, but at least there are efforts to stop the spread of the virus in India. Because the population
in India is very large, vaccination must be done as soon as possible. And many countries have started vaccination too, I hope that vaccination
in many countries will reduce the spread of COVID19. Even though according to the news I read, it turns out that the corona virus has mutated,
which means that the vaccination may not go as planned.

[BigBoy89]

IMO the economy will struggle for another 6-9 months, and then we could see some improvements. It will be a hard summer for the touristic sector. The vaccination will take time, and not everybody agrees what's next.

[Yatsan]

The distribution of vaccines and start of vaccination is already happening on different parts of the world in partnership of government and pharmaceutical companies that created the vaccines to start up the mass vaccination process to help fight back against COVID-19 the vaccination is not just happening throughout India so there is no typical edge to see with regards to the status of it among other countries and the economical issue in India is not just started when the pandemic occurs. It is beyond the government and its people to come into solution on coming up for the better status of their country. But the vaccination can indeed have an impact to boost up people's mindset after the suffering once the vaccine becomes successful and effective.

[Sithara007]

The latest report from the Indian government shows that a total of  381,305 people have been administered the first dose of the vaccine so far (second dose will be given after 28 days). Healthcare and sanitation workers are being given the priority till now, and the vaccination for above-50 age group will start once the first group is completely inoculated. More than 90% were vaccinated using Covishield (Oxford/AstraZeneca), while the remainder were given Covaxin (Bharat Biotech). I hope that the pace will pickup in the coming days.

[marcbitcoins]

Now that the vaccine is developed, the global economy will start to bounce back but vaccine is still many months away to some 3rd world countries. India’s advantage is most of the population lives in villages, and agriculture contributes high to GDP. Since the COVID-19 did not spread to villages, agricultural sector is already helping the economy to bounce back. Other sectors recovered slowly with preventive measures and physical distancing is still strictly implemented.

[slapper]

It is hard to make a good prediction about India' economy after operating vaccination throughout the whole country. There are nearly 2 billion citizens living in India and if they succeed in provide vaccines for the people, it will be an astonishing job. This definitely changes the current situation where everybody is starving and desperate for jobs, money and daily needs. Until then, people need to raise their awareness, wear masks and accept the lockdown.

India is a big country where many factories of countries are located to build and produce a vast amount of things. As soon as they back to the race, I believe that our economy, our global one, will receive the enormous strength

[iamsheikhadil]

It's just my personal opinion, that I think majority of us Indians were already affected by Covid-19 and we didn't even know it since it was asymptomatic. Hence, we already have the anti-bodies required to fight against the virus we already have herd immunity... Schools and colleges should be opened because everything else is also opened like malls. Let's see how this vaccine plays out, should vaccinate the elderly people who are at more risk of dying if they catch the virus!

[Coyster]

But I think it's still speculation and vaccines don't necessarily heal the economy from slumping.

Vaccines don't 'heal' the economy per se, but it prevents the population from contracting covid-19, and it's the people in the country that keep the economy working, when the virus broke out early last year and lockdowns were imposed, workers had to stay at home, quite a lot of businesses had to shut down, most economies went comatose as a result of that; so now, if vaccines can be effective, and prevent people from contracting the virus, then all the nations workforce can get back to actively working without the fear of contracting the virus, and that by extension will 'heal' the economy in time to come.

[so98nn]

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I think vaccination is a very stupid idea.  Different countries use different vaccines (these vaccines have a fundamentally different algorithm of action).  In my opinion, this will lead to a very rapid mutation of the Covid-19 virus, and humanity will be forced to conduct massive vaccination campaigns twice a year. Many inhabitants of the Earth will have significantly reduced immunity.  
[...]

Thats really harsh to think that vaccination is stupid idea. I guess there are more than thousands of scientist working around the clock to defeat the coronavirus. If they are working on it with modern scientific knowledge then surely they would have thought about the mutations and stuff. I work in biotech industry myself and we always execute the plans for mutating strains beforehand. Now this all works on genetic level, and 360 degree thinking is must in this regard.

The cultivation of viruses occurs on many more folds which a common person can not even imagine! Vaccination is must thing, it's life saver not taker mate!

If vaccination is not done then the current strain will automatically modify itself to better version and keep doing it unless and until t's immunised by some way or other, that's vaccine for now!

[Vishnu.Reang]

It's just my personal opinion, that I think majority of us Indians were already affected by Covid-19 and we didn't even know it since it was asymptomatic. Hence, we already have the anti-bodies required to fight against the virus we already have herd immunity... Schools and colleges should be opened because everything else is also opened like malls. Let's see how this vaccine plays out, should vaccinate the elderly people who are at more risk of dying if they catch the virus!

I don't think so. If that was the case, then antibody tests should return more than 50% positivity rate. However the test positivity rates have declined to less than 2%, except some high prevalence states such as Kerala and Maharashtra. The government must be credited for the relatively small number of infections and deaths. In India, the death rate stands at 110 per million (compared to 1,231 per million in the US). Infection rate from COVID 19 is 7,627 per million, compared to 74,160 per million in the United States.

[kpierce77]

That's a pretty good step, but in determining whether the economy will progress after vaccination is still uncertain, and I'm sure the Indian government is definitely still waiting for the output of this vaccine. maybe after they get positive data, meaning that vaccinations go according to what they want or even exceed what they want, they will just start the next step in carrying out economic recovery and also other vital sectors