The Indian economy is on the path of recovery from the impact of the second wave of Covid-19, with targeted fiscal relief, monetary policy measures and accelerated vaccinations across the country. A fall in the daily COVID cases has been observed since the latter half of May 2021, along with the doubling of the daily vaccination rate from 1.93 million  to 4.13 million in June, at the end of which around 78 percent of districts reached a COVID positivity rate below 5 percent.