India to contribute in reducing vaccine inequities post WHO approves Covaxin; ready to produce 5 billion jabs by 2022

At the G20 summit, PM Modi said India is ready to produce 5 billion COVID-19 vaccines doses to be made available to the world

At the G20 summit, PM Modi said India is ready to produce 5 billion COVID-19 vaccines doses to be made available to the world
At the G20 summit, PM Modi said India is ready to produce 5 billion COVID-19 vaccines doses to be made available to the world

India ready to produce 5 billion COVID-19 vaccine jabs by 2022 end, says PM Modi

Speaking at the first session on ‘Global Economy and Global Health‘ at the inaugural ceremony of the G20, Prime Minister Narendra Modi said, “once the World Health Organization (WHO) approves Covaxin, India’s indigenous vaccine against COVID-19, New Delhi can supply five billion dosages to the developing countries as its contribution to reducing jab inequities.”

Speaking at the Group of 20 Leaders’ Summit in Rome, the Prime Minister conveyed that India is ready to produce 5 billion COVID-19 vaccine doses by 2022 end which will be available for the world.

He made the remarks on Saturday while speaking at the Leaders’ Summit with the other leaders of the world’s biggest economies in Rome.

PM Modi also highlighted India’s contribution to the fight against the pandemic and also mentioned medical supplies to over 150 countries under the “Vaccine Maitri” programme.

Foreign Secretary Harsh Vardhan Shringla said that during his intervention at the first G20 session PM Modi’s high point of the speech was India’s successful fight against COVID-19.

A top diplomat told a press briefing that PM Modi mentioned India’s medical supplies to over 150 countries as he spoke about the country’s vision of ‘One Earth, One Health’ for a collaborative approach in combating the pandemic.

Harsh Vardhan Shringla told media persons, “The Prime Minister conveyed that India has not only vaccinated over a billion of our citizens but more importantly, we are ready to produce over five billion vaccine dosage by the end of next year and this would be available for not only our citizens but also for the rest of the world and that, this is our own contribution to reducing vaccine inequities, especially in the developing world.”

PM Narendra Modi also reiterated that the WHO’s approval for emergency use authorization of India’s indigenous vaccine Covaxin, pending with them, would speed up the process of assisting other countries helping to curb vaccine inequity.”

He further said that the collaboration in R&D to collaborations in combating pandemics, collaborations across the board in developing mechanisms that can cope with future pandemics and future global health issues.

India emphasized on vaccine research, manufacturing, and innovation and invested a fair amount in that effort in order to make it available for its citizens and citizens all across the world.

The Prime Minister also brought out the fact that despite the challenges of the pandemic, India continued to be a trusted partner in the context of reliable supply chains, the IT sector, the BPOs, we did not allow the pandemic to come in the way of our contribution in the overall chain in the global processes.

The Prime Minister stressed on the need for resilient global supply chains, and also mentioned India’s bold economic reforms, and the lowering of the cost of doing business in India, according to the Foreign Secretary.

The Prime Minister expressed satisfaction over G20’s decision to come up with the 15 percent minimum Corporate Tax. It was at the 2014 G20 Summit that the Prime Minister had first proposed this idea of a minimum corporate tax in order to prevent to some extent the evasion of taxes.

PM Modi invited the G20 countries to make India their partner in economic recovery and supply chain diversification.

Earlier at the G20 Summit venue, Modi and the other world leaders first interacted informally with each other, posed for a photo, and generally exchanged pleasantries.

On Sunday, PM Modi will attend an event hosted by US President Joe Biden on “Supply Chain Resilience” and hold other bilateral meetings on the sidelines of the G20 Summit. He will then fly to Glasgow to attend the 26th Conference of Parties to the United Nations Framework Convention on Climate Change.

[With Inputs from IANS]

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