Covid vaccine may cost Rs 1,000 in pvt market

April 21, 2021 12:04

A Covid-19 shot is likely to be available at Rs 900-1,000 in the private market in India, sources in the know said. This would be the maximum retail price, including trade margins, and vaccine makers would stand to make around Rs 650 per dose.

Vaccine manufacturers in India are planning to ramp up production after the government announced liberalising of the procurement process and making everyone above the age of 18 eligible for jabs. The supply of jabs is expected to increase from June, according to an Economic Times report.

In a meeting with PM Narendra Modi on Tuesday, vaccine makers were told to increase production capacity. Adar Poonawallas Serum Institute of India is expected to increase production by May with an increase in production capacity.

By June supply of jabs in India is expected to increase upto 200 million with an increase in production from SII and Bharat Biotech and taking into account imports from Sputnik. It currently stands at 70 million.

« Back to LIVE

TOP STORIES

Blow for CSK! Pathirana returns to SL with hamstring injury

Matheesha Pathirana returned to Sri Lanka to recover from a hamstring injury.

WFI furious as Bajrang handed provisional suspension

Bajrang Punia has been handed a provisional suspension for refusing to give his sample for dope test during the recent trials.

Attack on IAF convoy: Several held, hunt on for terrorists

Additional Director General of Police, Jammu, Anand Jain and senior officers of the Army and intelligence agencies visited the ambush spot in the Surankote area. The Army also conducted aerial surveillance using a helicopter, they said.

Talks with China going on well: Rajnath on border row

As the military standoff between India and China drags on along the Line of Actual Control (LAC) in eastern Ladakh, Defence Minister Rajnath Singh said the talks between the two sides are going on well and indicated hope for a resolution...

Priyanka Gandhi to spearhead Cong campaign in Rae Bareli, Amethi

Ending days of suspense, the Congress on Friday announced that Rahul Gandhi will contest the Lok Sabha elections from Rae Bareli, the constituency held by his mother Sonia Gandhi for the last two decades, and Kishori Lal Sharma, a close...