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(Mitesh Solanki)
- IndRa means India Ratings and Research.
- IndRa recently published cost of vaccination to all Indians ageing above 18 years which is nearly 67, 193 Rs.
- Above cost is close to 0.36% of Indian GDP.
- In Phase-3 of vaccination, Government of India announced that person above the age of 18 will eligible to get vaccine against COVID-19.
- With this strategy, the total size of population eligible for vaccination will be 84.19 crores.
- To vaccinate this huge population central government will incur 20,870 crores Rs. and state governments shall incur rest of the amount.
- The procurement cost of vaccine is split between state and central government.
- To procure vaccine, central government will spend 0.12% of GDP and state government will spend 0.24% of SGDP.