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India Ready to Produce Over 5 Billion Doses of Covid-19 Vaccine Next Year: Pm Modi at G20

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India Ready to Produce Over 5 Billion Doses of Covid-19 Vaccine Next Year: Pm Modi at G20

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India is set to produce more than 5 billion doses of COVID vaccines next year to help the world fight the pandemic, Prime Minister Narendra Modi said at a G-20 Summit session on Saturday, stating that Indian vaccines needed to be approved by WHO. as soon. The Prime Minister in his speech at the session on “Global economy and global health” also addressed the issue of facilitating international travel and referred to the mechanism for mutual recognition of vaccine certification as a means to achieve this, according to the text of his speech. . shared by your office.

Prime Minister Modi expressed satisfaction with the G20’s decision to propose a minimum corporate tax of 15 percent to make the global financial architecture more “fair and equitable,” Foreign Secretary Harsh Vardhan Shringla said, reporting to journalists about Modi’s commitments. The decision is aimed at ensuring that companies pay a certain amount of tax in the countries where they are located, Shringla said.

“It is pertinent to mention that it was in 2014 that the Prime Minister first proposed the idea of ​​a minimum corporate tax to prevent tax evasion to some extent,” Shringla said. “Today, from this G20 platform, I want to tell everyone that India is ready to produce more than 5 billion doses of vaccines for the world next year,” Modi said.

This commitment from India will go a long way towards preventing the spread of the coronavirus infection, he said. “Therefore, it is necessary for the Indian vaccines to be approved by the WHO as soon as possible,” he said.

A technical advisory group from the UN health agency will meet on November 3 to conduct a final “risk-benefit assessment” for the Covaxin Emergency Use List. Covaxin and AstraZeneca from Bharat Biotech and Covishield from Oxford University are the two most widely used vaccines in India. Sringla said the prime minister relayed that India has not only administered 1 billion doses, but more importantly, “we are ready to produce more than 5 billion doses of vaccines by the end of next year,” Shringla said. .

“Obviously, this will be available not only to our citizens, but also to the rest of the world and is our own contribution to reducing” inequalities in vaccines, especially in the developing world, “he said. Prime Minister Modi also emphasized in the research and manufacture of vaccines.

He also highlighted India’s medical supply to more than 150 countries and its contribution to maintaining the global supply chain during the pandemic. Emphasizing the need for resilient global supply chains, Prime Minister Modi spoke about India’s bold economic reforms and invited G20 nations to make India their partner in economic recovery and chain diversification. of supply.

He also spoke about the vision of “One Earth, One Health” in the context of fighting the pandemic and future global health problems, Shringla said. The prime minister spoke about “our vision of ‘One Earth, One Health,'” which is essentially the need for a collaborative approach in the international arena in the fight against the coronavirus pandemic, he said. “I mean collaboration in research and development, collaboration across the board in developing mechanisms that can deal with future pandemics and future global health problems,” Shringla said.

The concept of “One Earth, One Health” is something that was enunciated by the Prime Minister and was well received by the G20 leaders because it is something very important for the international community, since “we are looking for comprehensive global solutions” that can address issues and problems such as inequalities and problems faced by developing countries, he said. Prime Minister Modi also highlighted the fact that despite the challenges, India remained a reliable partner in the context of reliable supply chains during the pandemic.

Responding to a question about the corporate tax decision, he said that Prime Minister Modi had spoken about it at the 2014 G20 summit. “He mentioned the concept for the first time at the 2014 G20 summit. Today there is satisfaction with the fact. the G20 has adopted it. This has become a global norm. This is a very important step to ensure a more streamlined global tax structure and better cooperation in the international domain when it comes to issues such as tax evasion, money laundering and corruption “.


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India Ready to Produce Over 5 Billion Doses of Covid-19 Vaccine Next Year: Pm Modi at G20

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