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₹80,000 cr for covid vaccine in next 1 year: Serum Institute CEO
₹80,000 crore, or around $11 billion, is substantially higher than the $6-bn estimate made by international brokerage Sanford Bernstein NEW DELHI: The government may need ₹80,000 crore over the next one year for distribution of covid-19 vaccine to every person in India, Serum Institute of India chief executive officer Adar Poonawalla said on Saturday, calling it a "concerning challenge"."Will the government of India have 80,000 crores available, over the next one year? Because that's what @MoHFW_INDIA (health ministry) needs, to buy and distribute the vaccine to everyone in India.