Sony Xperia Tipo / Tipo Dual Touch Sensitivity Problem [Solved]

For all you people out there struggling with the new Sony Xperia Tipo, dont lose hope as yet!
The famous touch sensitivity problem is due to calibration issues. Perform the following steps :

1. Download and install the apk. Click Here
2. Run the app
3. Keep your device on a flat surface and Tap on "Calibration"

Enjoy!