India condoles death of 12 nationals in Ras Laffan gas facility explosion, US senators flag Pakistan’s history of harbouring terrorists, hiding bin Laden, India initiates anti-dumping probe against imports of electrical steel from China, 3 other nations,

Govt supports augmentation of Covaxin production

The Centre is providing financial assitance to various domentis firms to increase the production of Covaxin. The Department of Biotechnology, Government of India in April, 2021 provided financial support as Grant to vaccine manufacturing facilities for enhanced production capacities, which is expected to reach more than 10 crore doses per month by September, 2021. As a part of this augmentation plan, capacities of Bharat Biotech Limited, Hyderabad as well as other public sector manufactures are being upgraded with required infrastructure and technology. Financial support is being provided as grant from GoI to the tune of approx.  Rs 65 Cr to Bharat Biotech’s new Bangalore facility which is being repurposed to increase the capacity of vaccine production.

According to information three  more public sector companies are also being supported to increase the capacity of vaccine production. Mumbai based Haffkine Biopharmaceutical Corporation Ltd, a state PSU, has been give a sum of Rs  65 crores as grant from GoI  to make it ready for manufacturing. The facility will have a capacity of 20 million doses per month, once functional. Indian Immunologicals Limited (IIL), Hyderabad –A facility under National Dairy Development Board is being provided a grant of Rs. 60 crore and Bharat Immunologicals and Biologicals Limited (BIBCOL), Bulandshahr in UP, is being supported with a grant of Rs. 30 crores to prepare their facility to provide 10-15 million doses per month. Further, Gujarat Biotechnology Research Centre, Department of Science and Technology Govt.  of Gujarat along with Hester Biosciences and OmniBRx has also firmed up its discussions with Bharat Biotech to scale up the COVAXIN technology and to produce minimum 20 million doses per month. Technology transfer agreement have been finalized with all manufacturers.

 


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

Avocado is also an excellent source of dietary fiber. Including it in your meals can contribute significantly to your daily fiber intake. 

Read More

Crime

The CBI has arrested senior IAS officer for allegedly siphoning off crores of rupees from the accounts of the Haryana govt maintained with IDFC First Bank.

Read More

Opinion

A statutory minimum stipend indexed to the city cost-of-living must be mandated for any internship exceeding four weeks.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.