The sluggish response to the COVID-19 vaccination drive is now taking a good pace as Bharat Biotech injects confidence in Covaxin’s 81% efficacy rate. Government fixed the ceiling price of the vaccine at Rs.250 per shot for private facilities while it would be given for free at government ones.
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The bumps due to Co-WIN app glitches are now resolved as the government states its usage limitations for the general public and requested everyone to use the web portal instead.
The vaccine makers are in full swing and the nation wishes to be free of this deadly coronavirus as soon as possible, hopefully.
Vaccination Cost in India
Dose - ₹150/ shot
Service charge (Private facilities) - ₹100/ shot
Total - ₹250/ shot
Reasons Behind the “₹250 only” Price
1. Affordability of the public
This corona vaccine price has been kept in mind considering vital factors of affordability for masses. Inadequate and high pricing leads to increased hesitancy, further diminishing the willingness of an individual to get vaccinated
2. Bulk orders for vaccine makers
The vaccine makers have already received a large volume of orders and will get more in near future that has directed the government to take this pricing decision.
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India’s Dilemma on Considering Pfizer/BioNTech Vaccine
Pfizer’s vaccine ‘BNT162b’ hasn’t received a grant in India for now. High pricing and storage issues are the major speculated reasons barring the entry of the coronavirus vaccine.
This vaccine is being provided in The US at $19.5 (₹1,440) per shot which is quite a big price for Indians. Though the vaccine makers have agreed to follow differential pricing for India, the government still isn’t convinced.
Serious Adverse Events (SAEs) were also a concern and no such information has been released promising the safety of people.
Covid Vaccine Prices are Subject to Change
All the decisions related to covid vaccine price in India have been taken by the National Health Mission and are subject to change. As of now, there are no changes in the price for phase 2 of the Covid Vaccination Drive.
Price Comparison of Other COVID-19 Vaccines
Oxford/AstraZeneca - ₹291.94
Moderna - ₹2408.52
Gamaleya (Sputnik V) - ₹729.86
(source- Respective companies, WHO)
Indian Vaccines are the Cheapest of All!
Isn’t that a big achievement for us? It’s a relief not just for Indians but for each nation India is trying to help.The world is not witnessing its finest hours but is gradually coming out of the hard times with collective efforts. We have our fingers crossed and hope for the best to come. Reap benefits from the ongoing Vaccination Drive if you are eligible.
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