India Ready To Produce Over 5 billion COVID-19 Vaccine Doses In 2022: PM Modi At G20

PM Modi, G20
PM Modi At G20

India is ready to produce over 5 billion COVID vaccine doses next year to help the world in the fight against the pandemic, Prime Minister Narendra Modi said at a G-20 Summit session on Saturday and asserted that it was necessary that the WHO approves Indian vaccines at the earliest.

Prime Minister Modi expressed satisfaction over the G20’s decision to come up with a 15 per minimum corporate tax to make the global financial architecture more “just and fair”, Foreign Secretary Harsh Vardhan Shringla said, briefing reporters on Modi’s engagements. The decision is aimed at ensuring that companies pay a certain amount of tax in countries they are located in, Shringla said.

“It is pertinent to mention that it was in 2014 that the Prime Minister had first proposed the idea of a minimum corporate tax in order to prevent to some extent evasion of taxes,” Shringla said. “Today, from this G-20 platform, I want to tell you all that India is ready to produce more than 5 billion vaccine doses for the world next year,” Modi said.

This commitment of India will go a long way in preventing the spread of coronavirus infection, he said. “Therefore, it is necessary that Indian vaccines are approved by the WHO at the earliest,” he asserted.

A technical advisory group of the UN health agency will meet on November 3 to conduct a final “risk-benefit assessment” for Emergency Use Listing of Covaxin. Bharat Biotech’s Covaxin and AstraZeneca and Oxford University’s Covishield are the two widely used vaccines in India. Sringla said the prime minister conveyed that India has not only administered 1 billion doses but more importantly “we are ready to produce over 5 billion vaccine doses by the end of next year”, Shringla said.

(With Agency Inputs)

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