COVID-19 Vaccine Prices in Private Hospitals: After cap announcement by Modi government, THESE RATES are applicable on Covaxin, Covishield and Sputnik V

On Tuesday, the Union Ministry has announced price caps for the administration of COVID-19 vaccines in private hospitals.

COVID-19 Vaccine Prices in Private Hospitals: After cap announcement by Modi government, THESE RATES are applicable on Covaxin, Covishield and Sputnik V. Source: PTI

COVID-19 Vaccine Latest Update India: On Tuesday, the Union Ministry has announced price caps for the administration of COVID-19 vaccines in private hospitals.

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As per the Union Ministry of Health, the prices for Covishield and Covaxin have been fixed at Rs 780 and Rs 1410, respectively while the price of Sputnik V has been capped at Rs 1145 at the private hospitals. News agency ANI has also tweeted about this decision by the Union Health Ministry. The tweet said, "Union Health Ministry caps charges for administration of Covishield at Rs 780, Covaxin at Rs 1,410, and Sputnik V at Rs 1,145 in private hospitals, based on the prices currently declared by vaccine manufacturers."

Union Health Ministry caps charges for administration of Covishield at Rs 780, Covaxin at Rs 1,410, and Sputnik V at Rs 1,145 in private hospitals, based on the prices currently declared by vaccine manufacturers.

— ANI (@ANI) June 8, 2021

This announcement from the Union Health Ministry came at a time when the central government placed order for 25 crore doses of Covishield and 19 crore doses of Covaxin, earlier on Tuesday. As per a statement issued by the Union Ministry of Health, "These 44 crores (25 crore +19 crore) doses of COVID-19 vaccines will be available till December 2021, starting now."

The price capping of the COVID-19 vaccines came two days after the Prime Minister's address to the nation. While addressing the nation on Monday, Prime Minister Narendra Modi announced that the central government will provide free vaccine to all Indian citizens above 18 years of age from June 21, 2021, onwards. The Prime Minister further added that 25 per cent vaccination that was with states will now be undertaken by the central government. Furthermore, the government of India will buy 75 per cent of the total production of the vaccine producers and provide to the states free of cost.

The Ministry of Health and Family Welfare (MoHFW) also issued a set of revised guidelines for implementation for the national vaccination program. In response to the suggestions of many state governments to be permitted the flexibility to procure vaccine directly and administer them as per their own prioritization based on local requirements, the central government revised the guidelines. These revised guidelines will come into effect from June 21, 2021.

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