Ministry of S&T Allocated Over Rs 1,600 Cr for Covid-related Research, Product Development
3 years, 4 months ago

Ministry of S&T Allocated Over Rs 1,600 Cr for Covid-related Research, Product Development

News 18  

The Ministry of Science and Technology has allocated over Rs 1,600 crore for COVID-19 related research and product development, the government informed Rajya Sabha on Tuesday. The Department of Biotechnology and its public sector undertaking Biotechnology Industry Research Assistance Council have allocated approximately Rs 1,300 crore for COVID-19 related research and product development, Science and Technology Minister Jitendra Singh said in a written response to a question. The Department of Science and Technology earmarked an amount of approximately Rs 200 crore for COVID-19 related research for implementation through its different programmes, autonomous institutions and statutory bodies like Science and Engineering Research Board and Technology Development Board, he said. The Council of Scientific and Industrial Research has allocated Rs 10,444.39 lakh from its budgetary support and internal resources for implementing projects related to COVID-19 related research, he said.

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History of this topic

Government moots ₹1 lakh-crore corpus for research and development in interim Budget
10 months, 3 weeks ago

Government moots ₹1 lakh-crore corpus for research and development in interim Budget

The Hindu  

Signalling a commitment to research and innovation for India’s “tech-savvy youth,” Finance Minister Nirmala Sitharaman, in her Interim Budget speech on February 1, mentioned a corpus of ₹1 lakh crore, that would be available on ‘minimal or nil interest rates’ to “encourage” the private sector to invest in research and development in ‘sunrise sectors.’ It was not clear if this …

A shot for science: The Hindu Editorial on budget allocation for Ministry of Science & Technology
1 year, 10 months ago

A shot for science: The Hindu Editorial on budget allocation for Ministry of Science & Technology

The Hindu  

The Budget speech in the year preceding a general election is usually one that seeks to appease as wide a swathe of society as possible. The Deep Ocean mission — which includes among other components developing a deep-submersible vehicle — and the National Research Foundation have got substantially higher hikes than in previous years, a sign that they are the …

Budget 2023 | Marginal increase of 3.43% for health, research budget slashed by 6.87%
1 year, 10 months ago

Budget 2023 | Marginal increase of 3.43% for health, research budget slashed by 6.87%

The Hindu  

The Union Budget 2023-24 has announced an allocation of ₹89,155 crore for the Ministry of Health, which is 3.43% higher than its FY23 outlay of ₹86,200.65 crore. Of the ₹89,155 crore outlay, ₹86,175 crore has been earmarked for the Department of Health and Family Welfare and ₹2,980 crore for the Department of Health Research. As compared to FY22-23 when ₹3,200 …

Budget 2023 | ₹16,361 crore allocated for Ministry of Science and Technology
1 year, 10 months ago

Budget 2023 | ₹16,361 crore allocated for Ministry of Science and Technology

The Hindu  

The Ministry of Science & Technology has received an allocation of ₹16,361.42 crore in the Union Budget, a nominal increase of 15% from the previous budget estimate. Apart from the DST, it includes the Department of Biotechnology, which received ₹2,683.86 crore, a nominal hike of 3.9%, and the Department of Scientific and Industrial Research, which received ₹5,746.51 crore. The Biotechnology …

How govt spent Rs 35,000 crore on procuring Covid-19 vaccines | RTI Exclusive
2 years, 8 months ago

How govt spent Rs 35,000 crore on procuring Covid-19 vaccines | RTI Exclusive

India Today  

The Ministry of Health announced last week that the precautionary third dose of Covid-19 vaccine would be available for the age group of 18-59 years on payment at private centres from April 10. In response to our query dated February 4, 2022, the Department of Health and Family Welfare said, "As per the announcement in Parliament during Budget session 2021, …

Union Budget 2022: Why Centre has reduced COVID-19 vaccine budget to Rs 5,000 crore
2 years, 10 months ago

Union Budget 2022: Why Centre has reduced COVID-19 vaccine budget to Rs 5,000 crore

Firstpost  

Experts are of the opinion that the reduction in allocation of funds hints that the Centre has done its job of providing free vaccines across the country and people may have to shell out for booster shots The proposal of Rs 5,000 crore COVID-19 vaccination Budget for this year hints that the Centre has done its job of providing free …

India procured over 100 crore vaccines between Jan and July 16
3 years, 4 months ago

India procured over 100 crore vaccines between Jan and July 16

India Today  

The government has procured a total of 100.6 crore doses from January, 2021 till July 16, 2021, said Union MoS for Ministry of Health and Family Welfare, Dr. Bharati Pravin Pawar, in Rajya Sabha. Dr. Bharati Pravin Pawar was replying to a question by Congress MP Kapil Sibal on the timeline of orders placed for Covid-19 vaccines by the Centre …

ICMR clueless about total development cost of Covaxin, reveals RTI
3 years, 5 months ago

ICMR clueless about total development cost of Covaxin, reveals RTI

India Today  

The Indian Council of Medical Research has no clue about the total development cost of Covaxin, India's indigenous Covid-19 vaccine made by Bharat Biotech Limited, an RTI query has revealed. To find answers to the development and manufacturing cost of Covaxin, India Today filed a Right to Information request with ICMR, which developed the vaccine in partnership with BBIL. ICMR …

Govt estimates centralised vaccine scheme to cost ₹45,000-₹50,000 crore
3 years, 6 months ago

Govt estimates centralised vaccine scheme to cost ₹45,000-₹50,000 crore

India Today  

A day after Prime Minister Narendra Modi announced free Covid-19 vaccine to all above the age of 18 years, the Central government has estimated that inoculating approximately 94 crore adults in the country would cost between Rs 45,000 to Rs 50,000 crore. New scheme pushes vaccine budget In her last budget, Finance Minister Nirmala Sitharaman had set aside Rs 35,000 …

Covid-19 | Serum’s supply to COVAX hit by India’s poor planning
3 years, 7 months ago

Covid-19 | Serum’s supply to COVAX hit by India’s poor planning

The Hindu  

On August 15, 2020, Prime Minister Narendra Modi said three COVID-19 vaccines are in different stages of testing and that India is “ready with a plan for production” and has a roadmap ready to distribute the vaccines to “every Indian in the least amount of time”. On August 7, a week before Mr. Modi’s announcement, the Pune-based Serum Institute signed …

Karnataka Congress prepares 'Rs 100-crore plan' for direct vaccine procurement from manufacturers
3 years, 7 months ago

Karnataka Congress prepares 'Rs 100-crore plan' for direct vaccine procurement from manufacturers

Firstpost  

State president DK Shivakumar said Rs 10 crore would be contributed by the KPCC fund, Rs 90 crore from Congress MLA/MLC funds Bengaluru: The Congress’ Karnataka unit on Friday announced that the MPs, MLAs and MLCs will use their Local Area Development fund to the tune of Rs 100 crore for procuring COVID-19 vaccines. Hence, the MPs, MLAs and MLCs …

Parliament panel had asked govt to ramp up production capacity of Covid vaccines in March
3 years, 7 months ago

Parliament panel had asked govt to ramp up production capacity of Covid vaccines in March

India Today  

A parliamentary standing committee had in March suggested ramping up of production capacity of two Covid vaccines manufactured in India to ensure their availability to a wider population as soon as possible after it was informed that there could be a "shortage" if the inoculation is opened beyond the priority groups. "The Committee.recommends.to strengthen.the efforts for ramping up the production …

Coronavirus | Vaccines bought first using PM CARES funds cost Centre more
3 years, 7 months ago

Coronavirus | Vaccines bought first using PM CARES funds cost Centre more

The Hindu  

The first lot of vaccines were procured by the Centre using PM CARES funds at a higher rate than the subsequent rounds paid for by budgetary allocations, The Hindu has learnt from the response to a Right to Information request by a transparency activist. The Health Ministry response said that the initial 5.6 crore doses of Covishield were bought at …

Serum hails financial aid from govt to ramp up Covid-19 vaccine production
3 years, 8 months ago

Serum hails financial aid from govt to ramp up Covid-19 vaccine production

The Hindu  

Vaccine major Serum Institute of India on Tuesday hailed government's initiative to provide financial aid to manufacturers to ramp up production of COVID-19 vaccine in the country. "On behalf of the vaccine industry in India, I would like to thank and applaud Shri @narendramodi Ji, @nsitharaman Ji, for your decisive policy changes and swift financial aid which will help vaccine …

Coronavirus | 6 crore COVID-19 vaccine doses sent to 76 nations, 4.5 crore doses administered in India: Harsh Vardhan
3 years, 9 months ago

Coronavirus | 6 crore COVID-19 vaccine doses sent to 76 nations, 4.5 crore doses administered in India: Harsh Vardhan

The Hindu  

More than 6 crore doses of COVID-19 vaccine have been sent to 76 nations, while 4.5 crore doses have been administered to beneficiaries in the country till now, Union Health Minister Harsh Vardhan said on Sunday. “Until this morning, nearly 4.5 crore COVID-19 vaccine doses have been given to the people in this country. More than six crore doses have …

Delhi Budget: Manish Sisodia allocates Rs 50 crore for free COVID vaccine at govt hospitals
3 years, 9 months ago

Delhi Budget: Manish Sisodia allocates Rs 50 crore for free COVID vaccine at govt hospitals

India TV News  

The Delhi government on Tuesday announced that COVID-19 vaccine will be administered to people free-of-cost at its hospitals in future phases of the inoculation drive too and a provision of Rs 50 crore has been made in its annual budget for this scheme. Deputy Chief Minister Manish Sisodia, who also holds the finance portfolio, while presenting a Rs 69,000-crore budget, …

India places orders for over 6 crore doses of Covid-19 vaccine from Serum Institute, Bharat Biotech
3 years, 11 months ago

India places orders for over 6 crore doses of Covid-19 vaccine from Serum Institute, Bharat Biotech

India Today  

The government has placed orders in advanced commitments for over 6 crore doses of Covid-19 vaccine from Serum Institute of India and Bharat Biotech for inoculating 3 crore healthcare and frontline workers in the first phase of the vaccination drive. According to sources, the government placed a purchase order with the Serum Institute for 1.1 crore doses of Oxford Covid-19 …

Centre to spend Rs 10,000 crore to vaccinate 30 crore Indians on priority list in first phase
4 years ago

Centre to spend Rs 10,000 crore to vaccinate 30 crore Indians on priority list in first phase

India Today  

Centre will be spending about Rs 10,000 crore to inoculate the priority group of 30 crore Indians in the first phase of the Covid-19 vaccination drive, sources in the Union finance ministry have told India Today TV. Among the Phase 1 priority groups listed by the National Expert Group on Vaccines are 1 crore healthcare workers including, doctors, nurses and …

India May Need to Spend $1.8 Billion on Covid-19 Vaccines in First Phase, Documents Show
4 years ago

India May Need to Spend $1.8 Billion on Covid-19 Vaccines in First Phase, Documents Show

News 18  

India will have to spend $1.4 billion to $1.8 billion in the first phase of a coronavirus vaccination programme, even after getting support under the COVAX global vaccine-sharing scheme, according to estimates by the GAVI vaccines alliance. If India got 190-250 million shots of the vaccine under the COVAX facility – a best case scenario – then the government would …

India may need to spend $1.8 billion on Covid-19 vaccines in first phase: Report
4 years ago

India may need to spend $1.8 billion on Covid-19 vaccines in first phase: Report

India Today  

India will have to spend $1.4 billion to $1.8 billion in the first phase of a coronavirus vaccination programme, even after getting support under the COVAX global vaccine-sharing scheme, according to estimates by the GAVI vaccines alliance. If India got 190-250 million shots of the vaccine under the COVAX facility - a best case scenario - then the government would …

Centre announced $120 million grant for coronavirus vaccine research: Harsh Vardhan
4 years, 1 month ago

Centre announced $120 million grant for coronavirus vaccine research: Harsh Vardhan

India Today  

The government has announced a $120 million grant for coronavirus vaccine research, Union health minister Harsh Vardhan said during the 8th BRICS STI ministerial meeting on Friday. Our govt has announced USD 120 million grant for COVID-19 vaccine research. The grant doesn't cover actual cost of vaccine & its distribution expenses which will be made available as & when a …

Rockefeller Foundation Provides Around Rs 40 crore Funding to Scale up Covid-19 Testing in India
4 years, 2 months ago

Rockefeller Foundation Provides Around Rs 40 crore Funding to Scale up Covid-19 Testing in India

News 18  

Rockefeller Foundation on Monday announced $5.5 million grant to Center for Cellular and Molecular Platforms and global nonprofit PATH to scale up COVID-19 testing in India. The grant will support the domestic manufacturing of critical testing materials and deployment of scalable testing programmes, essential to mitigating the virus’ spread, Rockefeller Foundation said in a statement. “Expanding access to COVID-19 testing, …

Covid-19 vaccine: Don’t agree with ₹80,000 crore calculations released on Twitter, says govt
4 years, 2 months ago

Covid-19 vaccine: Don’t agree with ₹80,000 crore calculations released on Twitter, says govt

Live Mint  

The Indian Government on Tuesday said that it does not agree with calculations released on Twitter about money needed for distribution of Covid-19 vaccine in India. The comment came in the backdrop of Serum Institute of India chief executive officer Adar Poonawalla's tweet on 26 September asking the government that whether it has ₹80,000 crore over the next one year …

Serum Institute of India to Produce Extra 200 Million Doses of Covid-19 Vaccine for Poorer Countries
4 years, 2 months ago

Serum Institute of India to Produce Extra 200 Million Doses of Covid-19 Vaccine for Poorer Countries

News 18  

Serum Institute of India will make up to 200 million COVID-19 vaccine doses for poorer countries, including India, next year, as the Bill & Melinda Gates Foundation and GAVI vaccines alliance have doubled their funding, the company said on Tuesday. The collaboration takes forward an initial agreement signed in August by Serum, GAVI and the Gates Foundation for 100 million …

Govt may need ₹80,000 cr for covid vaccine in next 1 year: Serum Institute CEO
4 years, 2 months ago

Govt may need ₹80,000 cr for covid vaccine in next 1 year: Serum Institute CEO

Live Mint  

NEW DELHI: The government may need ₹80,000 crore over the next one year for distribution of covid-19 vaccine to every person in India, Serum Institute of India chief executive officer Adar Poonawalla said on Saturday, calling it a "concerning challenge". The CEO of the world's largest vaccine maker also said all manufacturers and the government need to plan and guide …

Will Centre have Rs 80,000 crore to give each Indian Covid-19 vaccine, asks SII's Adar Poonawalla
4 years, 2 months ago

Will Centre have Rs 80,000 crore to give each Indian Covid-19 vaccine, asks SII's Adar Poonawalla

India Today  

Chairman of Pune-based Serum Institute of India Adar Poonawalla took to Twitter to pose a question to the Ministry of Health on Saturday. "I ask this question, because we need to plan and guide, vaccine manufacturers both in India and overseas to service the needs of our country in terms of procurement and distribution," Poonawalla said in another tweet about …

COVID-19 vaccine to cost Rs 225 per dose in India says Serum Institute, will be made available to 92 nations
4 years, 4 months ago

COVID-19 vaccine to cost Rs 225 per dose in India says Serum Institute, will be made available to 92 nations

Firstpost  

Serum Institute partners with Gavi and Bill & Melinda Gates Foundation to manufacture, deliver of up to 100 million doses of COVID-19 vaccines to India, other low and middle-income countries. Serum Institute of India on Friday said it has entered into a new partnership with international vaccine alliance Gavi and Bill & Melinda Gates Foundation to accelerate manufacturing and delivery …

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