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India sets aside 50, 000 cr to vaccinate the population against Corona

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India sets aside 50, 000 cr to vaccinate the population against Corona

The Modi government has estimated a total cost of about $6-$7 per person in India, as confirmed by the people, who requested to remain anonymous.

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The money provisioned so far is for the current financial year ending March 31 and there will be no shortage of further funds for this purpose, they added.

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Serum Institute head Adar Poonawalla, predicts that the country would need about 800 billion rupees to procure and inoculate people living everywhere from the Himalayas to the most remote Andaman & Nicobar Islands.

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The entire process, from buying to transporting them from the manufacturing sites, would be a massive undertaking.

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Delivering a vaccine across India ā€œwill be a gigantic task,ā€ comments Mahesh Devnani, an associate professor at the Post Graduate Institute of Medical Education and Research in Chandigarh, during a recent webinar.

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ā€œWe need a prioritization plan, everyone cannot have it initially.ā€

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By one estimate, airlifting single-dose regimens to protect the world’s population would require space in about 8,000 cargo planes.

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The biggest challenge for India will be building up cold-chain logistics to distribute vaccines across India in a short period of time, Kiran Mazumdar-Shaw, the founder and chairman of Biocon Ltd., said at the Bloomberg India Economic Forum last week.

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ā€œI do hope by the end of November that we are able to say we have a planā€ and digital platforms to help roll out vaccines, she said.

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While a government-backed panel predicts that India is past the peak of infections and may contain the spread by February, the nation has taken a massive blow to economic growth and Modi has been reopening the economy.

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Since this being a peak period for a variety of festivals in India, this may lead to a sharp jump in daily virus infections. The Modi government will ensure all Indians have access to a Covid-19 vaccine as soon it is ready.