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Union budget 2021 Live Updates: FM announces Rs 35,000 crore for COVID-19 Vaccine


Union Budget 2021 Live Updates: We chose to spend big on infrastructure and healthcare sector, says FM Sitharaman
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
By Reema Sharma |
Last Updated: Monday, February 1, 2021 - 17:19 ....

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Budget 2021 highlights for healthcare sector: Funds for COVID-19 vaccines, new health intiatives- Technology News, Firstpost


COVID-19 vaccine
Sitharaman announced Rs 2,83,846 lakh crores for the health and wellness sector which will also include Rs 35,000 crores for COVID-19 vaccines and also said that she is committed to spending more if needed. This money will be used for the development and distribution of the vaccines. She said this amounts to a 137 percent increase in the health allocations from the previous FY.
The Finance Minister said that two new COVID-19 vaccines will soon be announced without making any mention of which ones. Currently, India has given restricted emergency use approvals to two vaccines - the indigenously made Covaxin made by Bharat Biotech and Oxford s Covishield manufactured by the Serum Institute of India. ....

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