yes not anytime sooner from my perspective as well. it actually not because of covid, but taxes.
Also, The COVID thing is yet to stay, work from home is new normal, consumer exploitation will be continued until the blown up prices became a new norm.
To get at realistic levels.. you need to have great GDP 6-8 % for atleast 2-3 years y-o-y before the govt can think of reducing the tax components. This is Indian part.
Globally too, supply chain have been disrupted. There was a report wherein global companies like LG, Hyundai etc. are increasing prices of consumer goods in India by 11% to cope with supply issues. That is global part.
Unless both start declining, don't expect prices to reduce soon.
This is my assumption based on what is it today.