Congress Alleges Govt Procuring COVID-19 Vaccines at Inflated Prices

"However, the government's approach on free vaccination or cost of vaccination, cost to exchequer, profit margins of companies, etc, for India's 130 crore people is completely opaque and shrouded in secrecy," he said.

News Azharuddhin Khan|
Close
Search

Congress Alleges Govt Procuring COVID-19 Vaccines at Inflated Prices

"However, the government's approach on free vaccination or cost of vaccination, cost to exchequer, profit margins of companies, etc, for India's 130 crore people is completely opaque and shrouded in secrecy," he said.

News Azharuddhin Khan|
Congress Alleges Govt Procuring COVID-19 Vaccines at Inflated Prices
Congress chief spokesperson Randeep Singh Surjewala | File image | (Photo Credits: PTI)

New Delhi, January 17: The Congress on Sunday questioned the procurement of Covid vaccines, alleging that the government has procured the vaccines at inflated prices despite the manufacturers claiming they would supply the vaccines without seeking profit.

Congress General Secretary Randeep Singh Surjewala, addressing a press conference, said, "Why should the Modi government pay Rs 95 per dose more to Bharat Biotech for a vaccine that has been developed with the expertise and experience of scientists of government-run ICMR and pay more for a vaccine that has only been tested on 755 individuals and is yet to be cleared after phase-3 trials?" Serum Institute of India, Apart From Covishield, Is Working on Four More Vaccines Against Coronavirus, Says Official.

The Congress leader said the price of such a vaccine must be cheaper than AstraZeneca-Serum Institute of India's Covishield. "Why is the price of the vaccine at Rs 1,000 per dose in the open market?" he asked.

Surjewala said, "'Covishield' is an AstraZeneca vaccine manufactured by Serum Institute of India. Serum Institute is supplying this vaccine at Rs 200/dose to government. AstraZeneca has committed to supplying the vaccine at no profit while 'Covaxin', manufactured by Bharat Biotech, is being supplied at Rs 295/dose. Admittedly, Covaxin has been developed by Bharat Biotech in partnership with Indian Council of Medical Research (ICMR)."

SII CEO Adar Poonawalla had said stated that his company will sell Covishield for Rs 1,000 per dose in open market, that is Rs 2,000 for 2 doses required for every individual.

Surjewala said, "Why should export of vaccine be permitted without immunisation of India's population? 'Corona Vaccine For All' should be the stated policy of Modi government."

"However, the government's approach on free vaccination or cost of vaccination, cost to exchequer, profit margins of companies, etc, for India's 130 crore people is completely opaque and shrouded in secrecy," he said.

(The above story first appeared on LatestLY on Jan 17, 2021 03:20 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

Congress Alleges Govt Procuring COVID-19 Vaccines at Inflated Prices
Congress chief spokesperson Randeep Singh Surjewala | File image | (Photo Credits: PTI)

New Delhi, January 17: The Congress on Sunday questioned the procurement of Covid vaccines, alleging that the government has procured the vaccines at inflated prices despite the manufacturers claiming they would supply the vaccines without seeking profit.

Congress General Secretary Randeep Singh Surjewala, addressing a press conference, said, "Why should the Modi government pay Rs 95 per dose more to Bharat Biotech for a vaccine that has been developed with the expertise and experience of scientists of government-run ICMR and pay more for a vaccine that has only been tested on 755 individuals and is yet to be cleared after phase-3 trials?" Serum Institute of India, Apart From Covishield, Is Working on Four More Vaccines Against Coronavirus, Says Official.

The Congress leader said the price of such a vaccine must be cheaper than AstraZeneca-Serum Institute of India's Covishield. "Why is the price of the vaccine at Rs 1,000 per dose in the open market?" he asked.

Surjewala said, "'Covishield' is an AstraZeneca vaccine manufactured by Serum Institute of India. Serum Institute is supplying this vaccine at Rs 200/dose to government. AstraZeneca has committed to supplying the vaccine at no profit while 'Covaxin', manufactured by Bharat Biotech, is being supplied at Rs 295/dose. Admittedly, Covaxin has been developed by Bharat Biotech in partnership with Indian Council of Medical Research (ICMR)."

SII CEO Adar Poonawalla had said stated that his company will sell Covishield for Rs 1,000 per dose in open market, that is Rs 2,000 for 2 doses required for every individual.

Surjewala said, "Why should export of vaccine be permitted without immunisation of India's population? 'Corona Vaccine For All' should be the stated policy of Modi government."

"However, the government's approach on free vaccination or cost of vaccination, cost to exchequer, profit margins of companies, etc, for India's 130 crore people is completely opaque and shrouded in secrecy," he said.

(The above story first appeared on LatestLY on Jan 17, 2021 03:20 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

  • INR
  • USD
  • EUR
View all
City Petrol Diesel
New Delhi 96.72 89.62
Kolkata 106.03 92.76
Mumbai 106.31 94.27
Chennai 102.74 94.33
View all
Currency Price Change
Google News Telegram Bot
Close
Latestly whatsapp channel
Close
Latestly whatsapp channel