Economy hit by COVID-19 second wave to start recovering from July, says Chief Economic Advisor SECTIONS Last Updated: Jun 03, 2021, 08:55 PM IST Share Synopsis "The second wave of COVID-19 has affected the momentum of economic recovery. We expect a recovery in the economy from July. Now, several states have started removing many restrictions and if we speed up the vaccination drive in our country, our economy will start recovering," Subramanian told ANI. ANI Chief Economic Advisor KV Subramanian on Thursday said that the second wave of COVID-19 has affected the momentum of economic recovery. However, he also pointed that he expects a recovery in the economy from July onwards.