HomeNewscoronavirusVaccine cost for three crore frontline workers will be borne from PM CARES fund

Vaccine cost for three crore frontline workers will be borne from PM CARES fund

Around three crore healthcare workers and frontline workers will be vaccinated in the first phase of vaccination. In the second phase, those above 50 years and those under 50 years with co-morbid conditions will be vaccinated, said Prime Minister Narendra Modi.

Moneycontrol News
January 11, 2021 / 19:02 IST
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The cost to vaccinate three crore frontline workers will be borne from the PM CARES Fund, sources have confirmed to CNBC-TV18.

"Around three crore healthcare workers and frontline workers will be vaccinated in the first phase of vaccination. In the second phase, those above 50 years and those under 50 years with co-morbid conditions will be vaccinated," Prime Minister Narendra Modi said in an address to the nation ahead of the vaccination drive scheduled for January 16.

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However, it was later revealed that the dispatch of the COVID-19 vaccine would begin from January 11.

The Prime Minister also announced that State governments will not have to bear any cost towards vaccinating these 3 crore people in the first stage. Centre will bear this cost, he added.

COVID-19 Vaccine
Frequently Asked Questions

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How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.
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