Globally, all major countries have come to the conclusion that to secure vaccine supplies, they need to invest heavily, tie up with established vaccine firms to build production capacities within their own borders, and also closely monitor the vaccine supply chain and stand ready to intervene at the slightest sign of trouble.
They have decided that this is one area that cannot be left to the invisible hand of the markets. It needs the government to play an active role of a partner for businesses or sometimes to even directly get into manufacturing the vaccines.
In India, despite our long history of
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