Govt announces Rs 900 cr towards research, development of Covid-19 vaccine

Finance Minister Nirmala Sitharaman on Thursday announced a Rs 900 crore stimulus towards research and development of the Covid-19 vaccine while also assuring that funds will be provided according to the requirement for the cost of the vaccine and logistics requirement as well in future.
 

The funds for research have been allocated to the Department of Biotechnology as part of the stimulus package announced by the finance minister.
 

“India is waiting for an effective vaccine to come - one or many more. We are spending on research and development apart from what we will give when the vaccine is ready