Union Govt Should Consider To Bear Full Expense Of Vaccination

Union Govt Should Consider taking the Full Expense of Covid Vaccination: Deputy Chairman of NITI Aayog  Rajiv Kumar.

There has been a lot of speculation even before the 18 plus vaccination campaign starts on May 1. Many issues like the purchase, price, and availability of the vaccine are being questioned by the states.

So far, efforts are also being made by the opposition governments to create pressure that the central government should bear the entire expenditure.

Amidst all this, Deputy Chairman of NITI Aayog, Rajiv Kumar, says that to make the vaccination campaign a success, the central government can bear the full cost of the vaccine.

India is still expected to achieve a 10.5 percent growth rate in the current financial year

He says that 10.5 percent growth rate is still possible in the current financial year. In such a situation, the financial burden of the vaccine will prove to be an investment.

Kumar said that one way to make the vaccination campaign a success could be that all the states authorize the center to buy the vaccine at their centralized fixed price.

Then the distribution of that vaccine is based on the infection spread across the states.

Union Govt Should Consider taking the Full Expense of Covid Vaccination: More infected states get more vaccines.

He said that for example, there are 65 percent cases of corona infection in 10 states, so for those 10 states, initially a higher quota of vaccine should be prescribed.

Similarly, the 150 districts in the country that have more infections need to be given more vaccines.

The Deputy Chairman of NITI Aayog said that by making the 18 plus vaccination program successful from May 1, we can still achieve 10.5 percent growth rate in FY 2021-22.

But in order to get maximum number of people vaccinated in the shortest time, all the states, irrespective of the government of any party there, will have to execute the vaccination program with the center in a full and coordinated manner.

The advantage will be that the duration of infection will be shortened. This will bring the economy back on track.

He said that if it succeeds in working in this way, then the recovery in the second quarter (July-September) of the current financial year 2021-2 will be better than the first.

This means that we can still achieve the target of GDP growth of 10.5 per cent in FY 2021-22.

He said that the decline in GDP by two-three per cent can be prevented if both the Center and the State continue to play their respective roles in a coordinated manner.

In view of the continuous rise in the second wave of Corona in India, several rating agencies have lowered the GDP growth forecast for the current financial year.