Passengers wearing facemasks amid concerns over the spread of the COVID-19 novel coronavirus, stand in a queue at a counter inside the airport in Goa on March 15, 2020. (Photo by Punit PARANJPE / AFP)

India to have $7 billion ready for COVID-19 vaccine – $2 per shot

The government of India is saving and putting aside 500 billion rupees - or 7 billion dollars - to ensure everyone in India gets the vaccine.
Covid-19 Vaccine representative image
Representative image of COVID-19 vaccine

The government of India is saving and putting aside 500 billion rupees – or 7 billion dollars – to ensure everyone in India gets the COVID-19 vaccine. This comes amidst BJP promising Bihar, and CM Palaniswami promising Tamil Nadu, free vaccines.


The administration of PM Modi estimated the cost, but kept their members’ identity anonymous. According to them, the total cost for each person in India to get the COVID-19 vaccine will be around $6-7. Breaking it down, they said that they calculated it to include 2 shots per person at $2 per shot. This will then leave another $2-3 per person, required for storage and transport. Furthermore, they believe that they will not fall short of the money needed, at least taking into account the financial year that ends on March 31.

Cases falling – may rise again

Although India has the highest number of recovered patients, there is a high chance that the infections will yet again rise. With festivals right around the corner, people are bound to break social distancing norms. Moreover, without masks, the infection will only spread further. Reinfections are also a concern.

PM Modi stated that his government will ensure that all Indian will get the COVID-19 vaccine as soon as it is ready.

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