Congress Slams Centre For “Profiteering” Amid Row Over Vaccine Prices

Congress Slams Centre For “Profiteering” Amid Row Over Vaccine Prices [ad_1]



Congress Slams Centre For 'Profiteering' Amid Row Over Vaccine Prices

India started its nationwide Covid vaccination drive January 16 (File)

New Delhi:

The Congress on Sunday accused the centre of “profiteering of Rs 1,11,100 crore” in the midst of a pandemic and stepped up its assault on a “discriminatory and insensitive vaccination policy”, underlining rigidity over producers charging as much as 700 per cent extra per dose within the open market.

Party spokesperson Randeep Singh Surjewala stated the centre had “abandoned” India’s younger – these between 18 and 45, who can get vaccinated from May 1 – by asking them to pay extra per dose than these older had; folks over 45 had been vaccinated both at no cost or at nominal costs.

“Modi government’s vaccination policy has deregulated 50 per cent production of the two vaccine manufacturers – Serum Institute (Covishield) and Bharat Biotech (Covaxin) – as free from price regulation… to fix the prices for supply to states and private institutions,” the Congress stated.

“The two have now released an absolutely discriminatory pricing policy…” the social gathering added.

This week each Serum Institute and Bharat Biotech introduced the costs of their Covid vaccine on the open market. SII’s Covishield will cost states Rs 400 per dose and private hospitals Rs 600. Covaxin will value Rs 600 per dose for state governments and double that – Rs 1,200 – for hospitals.

Both will proceed to promote 50 per cent of their output to the centre at Rs 150 per dose. The centre has stated it will make its share of vaccines available for free, however has not commented on the upper costs.

For a person to get the beneficial two doses it might, due to this fact, value as a lot as Rs 2,400.

The pricing – a part of the centre’s new “liberalised” vaccination coverage – has attracted criticism from opposition events, who’ve reminded the centre of it’s “one nation, one price” war cry.

In immediately’s assault the Congress revealed its calculations of “profit of the two manufacturers”, primarily based on the necessity to vaccinate 101 crore folks – the full variety of Indians beneath the age of 45.

“…we need 202 crore doses… assuming states will provide 50 per cent of vaccines and individuals will bear 50 per cent of the cost, profit to SII and Bharat Biotech will be Rs 1,11,100 crore,” the social gathering stated.


Covaxin and Covishield are the one two Covid vaccines obtainable in India at the moment (File)

The Congress urged the centre to understand that almost a 3rd of this group of 101 crore – round 31 crore in accordance with the 2011 census – are BPL (beneath poverty line), whereas crores extra come from marginalised or economically backward communities, and would wrestle to pay for the vaccines.

Several states – lots of which aren’t ruled by the ruling BJP – have now stated the vaccines can be obtainable to all freed from value; this list of states consists of Maharashtra, Bengal, Jharkhand and Rajasthan.

Faced with criticism over its pricing determination, the Serum Institute on Saturday released a statement flagging “inaccurate comparisons between the global prices of the vaccine with India”.

India started its nationwide vaccination drive in January and has administered over 14 crore pictures thus far, however consultants say this quantity wants to enhance – drastically and shortly – to counter a devastating second wave of infections that has seen the lively caseload skyrocket to over 27 lakh contained in the previous month.


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