Covid-19 vaccine spend may go up by 40%: Finance ministry estimates

Sources in the ministry said Finance Secretary T V Somanathan had a discussion with Health Secretary Rajesh Bhushan on the initial assessment of budgetary allocation of Rs 35,000 crore for vaccines

Topics
Coronavirus Vaccine | Coronavirus | Vaccination

The total expenditure on the vaccination drive under the new centralised policy may go up by 40 per cent, according to the finance ministry estimates.

Sources in the ministry said Finance Secretary T V Somanathan had a discussion with Health Secretary Rajesh Bhushan on the initial assessment of budgetary allocation of Rs 35,000 crore for vaccines.

ALSO READ: Centre fixes maximum price for Covid-19 vaccines at private hospitals

“…the fresh estimates say it could go up to Rs 45,000-50,000 crore,” said a government source.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, June 09 2021. 02:15 IST

read the full story about Covid-19 vaccine spend may go up by 40%: Finance ministry estimates

#theheadlines #breakingnews #headlinenews #newstoday #latestnews #aajtak #ndtv #timesofindia #indiannews