India need to spend $1.8 billion on Covid-19 vaccines in 1st phase

India have to spend around $1.8 billion dollars in the first phase of its COVID Vaccine programme even if the COVAX vaccine-sharing scheme comes into support. The Government of India has plan to inoculate 30 crore people over the next 7-8 months.

India received a lower allocation of 95-125 million doses, then the cost to the government of procuring additional shots would go up to $1.8 billion. By comparison, India’s 2020/21 federal budget allocated just under $10 billion to healthcare.

 

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