COVID-19: India might need Rs 50,000 crore to vaccinate entire population

FPJ Web DeskUpdated: Thursday, June 17, 2021, 08:58 PM IST
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Chief Economic Adviser (CEA) Krishnamurthy V Subramanian | PTI

India’s massive vaccination drive will cost India Rs 50,000 crore. In an interview, Chief Economic Advisor K V Subramanian said at least Rs 15,000 crore may be needed for vaccination over the existing budget allocation.

Speaking to CNBCTV18, K V Subramanian said, “At least Rs 15,000 crore may be needed for vaccination over the Rs 35,000 crore budget allocation.” He claimed that finance minister Nirmala Sitharaman was ready to increase budgetary allocation for the vaccination.

He added that India can easily touch 84 lakh inoculations a day with 24x7 shifts.

Showing optimism around vaccination drive, he said, the ambitious target of 1 crore shot a day can also be achieved.

As of June 17, more than 27.28 crore vaccine doses have been administered so far, through Government of India (free of cost channel) and through direct state procurement category. Of this, the total consumption, including wastages, is 25,10,03,417 doses (as per data available on June 17 at 8 am).

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