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Initial $4.8bn Outlay To Back India's COVID-19 Vaccination Run

Part Of $30bn Allocation For Health Amid Pandemic

 
• By Anju Ghangurde

Significant allocations for public health programs and vaccination are prominent features of India's budget for fiscal 2021-22, though execution of these plans will be critical. Pharma is also keenly tracking a proposed allocation to bolster the overall research ecosystem and opening up of the insurance sector to foreign ownership.

Indian rupees
India Makes Signficant Budget Allocations Towards Healthcare • Source: Shutterstock

India has allocated INR2.2tn ($30.20bn) to the health segment in its national budget for fiscal 2021-22, including INR350bn towards its massive COVID-19 vaccination effort, as it seeks to reset an overall economy battered by the pandemic.

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