Govt to provide Rs 4,500 cr booster to Serum Institute, Bharat Biotech for ramping up Covid vaccine production

Looking to ramp up supplies ahead of the opening of Covid-19 vaccination to all citizens over 18 years of age, the government has approved a payment of about Rs 4,500 crore as advance to vaccine makers like Serum Institute of India (SII) and Bharat Biotech against future supplies, sources said.