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Phase 1 vaccination to cost govt Rs 21,000-27,000 crore: SBI Research
Govt aims to vaccinate 30 crore priority individuals by August 2021 and 50 crore private individuals by 2022-end. SBI think tank says India will require around Rs 56,000-72,000 crore to administer vaccines to 80 crore people
BusinessToday.In | January 9, 2021 | Updated 00:19 IST
Among the macro-economic indicators, there has been a continuous improvement in December 2020
SBI (State Bank of India) Research in its latest report says the phase 1 vaccination covering 30 crore people will cost Rs 21,000-27,000 crore. The second phase, involving another 50 crore, will need additional Rs 35,000-45,000 crore, it says. This is around 0.3-0.4 per cent of Gross Domestic Product (GDP).