FM announces Rs 900 crore aid for COVID-19 vaccine research

12 November,2020 04:58 PM IST |  New Delhi  |  PTI

she said the grant does not cover the actual cost of vaccine and distribution expenses, which will be made separately as and when the vaccine is available

Photo for representational purpose


Finance Minister Nirmala Sitharman on Thursday announced a u00e2u0082u00b9 900 crore grant to the Department of Biotechnology for COVID-19 vaccine research.

She said the grant does not cover the actual cost of vaccine and distribution expenses, which will be made separately as and when the vaccine is available.

She also said that u00e2u0082u00b9 10,200 crore additional budget outlay will be provided towards capital and industrial expenditure for domestic defence equipment, industrial incentives and infrastructure and green energy.

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