India must spend more to combat outbreaks such as COVID-19 in future, says analyst

4 May 2020

With an unexpected spike in COVID-19 cases, India has extended the countrywide lockdown till May 17, 2020. The move reflects India’s dependency on lockdown to contain the pandemic amid poor healthcare spending and infrastructure, says data and analytics company GlobalData.

According to GlobalData COVID-19 dashboard, as of May 4, although India has 42,505 confirmed cases, fatality rate in India was 3.27% versus 7.06% worldwide, 5.59% in China and 5.84 % in the USA. As of May 3, GlobalData forecasts 10,177,238 confirmed COVID-19 cases in India in a high transmission risk scenario versus 132,388 in a low transmission risk scenario by the end of two weeks from now on May 14.

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