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India should fix its vaccine pricing strategy to save its economy

India should fix its vaccine pricing strategy to save its economy Quartz 4 hrs ago © Provided by Quartz COVID-19 vaccinatin in Mumbai A functioning vaccination program would appear to be the strongest weapon for halting the unrelenting march of India’s second Covid-19 wave. And yet, it is in a state of total disarray. The government’s failure to effectively negotiate prices and procurement could not only cost lives, but devastate the economy too. On May 1, India will open up its Covid-19 vaccine drive to all people over the age of 18. In this phase, makers of authorized vaccines will be able to directly sell 50% of their stock to state governments and private hospitals.

India should fix its vaccine pricing strategy to save its economy — Quartz India

April 27, 2021 A functioning vaccination program would appear to be the strongest weapon for halting the unrelenting march of India’s second Covid-19 wave. And yet, it is in a state of total disarray. The government’s failure to effectively negotiate prices and procurement could not only cost lives, but devastate the economy too. On May 1, India will open up its Covid-19 vaccine drive to all people over the age of 18. In this phase, makers of authorized vaccines will be able to directly sell 50% of their stock to state governments and private hospitals. In this new phase, it is up to state governments to decide whether all Indians could get their vaccines for free; the federal government already offers free shots for over 45s (plus frontline and healthcare workers).

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