The Union government is making an advance payment of INR 1500 crore. Supply will start in August. The Union government has sealed a deal with Hyderabad-based Biological-E for the supply of 30 crore doses of its Covid-19 vaccine. The government is making an advance payment of INR 1500 crore to the company to support it in its research and development. Biological-E will start the delivery of the vaccine from August. The government said “These vaccine doses will be manufactured and stockpiled by M/s Biological-E from August-December 2021…the Union Ministry of Health would be making an advance payment of Rs. 1500 crore to M/s Biological-E.” The Union Ministry of Health informed about the development in a press release Thursday morning. The statement read “The COVID-19 vaccine of Biological-E is currently undergoing Phase-3 clinical trial after showing promising results in Phase 1 and 2 clinical trials.” The National Expert Group on Vaccine Administration for COVID-19 (NEGVAC) examined the proposal from Biological-E and recommended it for approval. The government is supporting efforts to develop Indian vaccines against Covid-19. Under its “Mission COVID Suraksha- the Indian COVID-19 Vaccine Development Mission” which was launched as part of third stimulus package Atmanirbhar 3, the government is supporting development of 5-6 vaccines to vaccinate billion plus population and provide safety against Covid-19.
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The virtual deliberations were held as part of the broad agreement drawn in the India-UK Roadmap 2030 for future relations which was adopted at the Virtual Summit between the two Prime Ministers, Narendra Modi and Boris Johnson, in May 2021. New Delhi: In a major push to bilateral ties between India and the United Kingdom, the two foreign ministers held the inaugural Maritime Dialogue in a virtual format on Monday, October 18. The virtual deliberations between External Affairs Mi ...