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India GDP outlook trimmed as doubts dog effort to vaccinate 940m

Deadly COVID wave abates but central bank and doctors see persistent risks

A vaccination center in Mumbai: The number of daily doses administered nationwide has fallen from 4.3 million in early April to over 2 million this week.   © Reuters

NEW DELHI -- India's deadly second coronavirus wave is receding, with daily cases down to less than half their peak, but the central bank on Friday lopped a full percentage point off its growth forecast and an uneven vaccination campaign is raising concern.

Prime Minister Narendra Modi's government has an ambitious plan to inoculate the entire adult population of about 940 million within the year. The number of daily doses administered nationwide, however, has fallen from as many as 4.3 million in early April to over 2 million on Wednesday, casting doubt on the chances of truly stamping out the virus.

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