HomeNewsBusinessEconomyFicci demands PLI-like scheme for vaccine makers, clinical trial waiver for foreign jabs

Ficci demands PLI-like scheme for vaccine makers, clinical trial waiver for foreign jabs

Flagging vaccine shortage across states, Ficci said to meet the government's target of vaccinating 30 crore people by August at the current pace of 30 lakh daily vaccinations, as much as 38 crore doses would be required. But reports show that the Centre has just 2.04 crore doses in the pipeline, it added.

April 13, 2021 / 13:10 IST
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Representative Image. Health workers at the tiny village of Bahakajari along the Brahmaputra River in Assam preparing to  vaccinate the nearly 9,000 residents. (Image: AP)
Representative Image. Health workers at the tiny village of Bahakajari along the Brahmaputra River in Assam preparing to vaccinate the nearly 9,000 residents. (Image: AP)

Industry body Ficci has asked the government to extend financial help to vaccine makers like it does under the performance-linked incentive (PLI) scheme to ramp up production as new coronavirus cases continue to surge at a furious pace in the country.

The industry body also suggested that foreign vaccines already in use in other countries be quickly approved for emergency use and strenuous domestic clinical trials be waived. Several states have complained of vaccine shortage in recent days as they struggle to check the spread of the virus.

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"There is an urgent and critical need to encourage vaccine manufacturers to substantially augment their capacities for production. Since the cost of vaccines has been capped by the government, the vaccine manufacturers need to be provided with appropriate incentives for ramping up the production," Ficci said on April 13.

The demand comes a day after the Drug Controller General of India (DCGI) approved the Sputnik V COVID-19 vaccine for emergency use.  The Russian vaccine is the third to have been granted emergency use authorisation in the country after Covishield, developed by Oxford University-AstraZeneca and manufactured by the Serum Institute of India (SII), and Bharat Biotech’s Covaxin.