Prime Minister Narendra Modi on Monday announced that the central government will provide free coronavirus vaccine to states for inoculation of all above the age of 18 from June 21, and asserted that vaccine supply would be increased significantly in the country in coming days. “The Government of India itself will buy 75% of the total vaccine production from vaccine manufacturers and give it free to the state governments,” PM Modi announced.
India may raise spending on vaccine by over a quarter this fiscal year to up to Rs 45,000 crore from its budgeted amount, two government sources told Reuters. The sources, who did not want to be named as they were not authorised to speak with the media, said the government would spend up to Rs 45,000 Crore on Covid-19 vaccines this fiscal year, which started on April 1. The previously budgeted amount was Rs 35,000 Crore.