COVID-19 vaccination: Govt to spend Rs 10,000 crore in Phase 1
Centre will bear the cost of this vast inoculation exercise. States like Bihar and Kerala have already announced that coronavirus vaccines will be administered for free. Others are also expected to make similar announcements
BusinessToday.In | December 18, 2020 | Updated 13:29 IST
India is also part of the global vaccination effort, which is led by WHO and GAVI
The Centre will spend Rs 10,000 crore in phase 1 of the nationwide vaccination plan, according to Finance Ministry sources. The vaccine will be initially administered to the priority group of about 30 crore Indians first.
The Centre will bear the cost of this vast inoculation exercise. States like Bihar and Kerala have already announced that coronavirus vaccines will be administered for free. Others are also expected to make similar announcements. The government may also take loans from international banks to fund the mega vaccination drive, sources told India Today TV.