Lockdown last resort; focus on micro-containment: PM Modi : Bulletin: Business Today
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Lockdown last resort; focus on micro-containment: PM Modi

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Shailendra Shukla | April 21, 2021

PM Modi speech Highlights: 'Lockdown last resort; focus on micro-containment'

Prime Minister Narendra Modi addressed the nation on Tuesday and spoke about the prevailing COVID-19 situation in the country. He said the situation in India was under control until some weeks ago, but the second wave of COVID has come like a storm. The prime minister said India is currently fighting a very tough battle against coronavirus and urged people to follow COVID-appropriate behaviour. Prime Minister Narendra Modi urged states to refrain from imposing lockdowns and treat it as the last resort. He instead asked them to focus on micro-containment. He also assured that the efforts are going on to ensure an ample supply of medical oxygen across the country, with contribution from both public and private entities.

Bharat Biotech scales up Covaxin manufacturing capacity to 700 million doses per year

To support vaccination campaigns in India and across the globe, Bharat Biotech has ramped up the manufacturing capacity of its COVID-19 vaccine, Covaxin, to 700 million doses per annum, the vaccine maker said on Tuesday. Manufacturing scale-up has been carried out in a stepwise manner across multiple facilities at Hyderabad and Bangalore, the company said in a statement. Inactivated vaccines, while highly safe, are extremely complex and expensive to manufacture, resulting in lower yields when compared to live virus vaccines, it noted.

COVID-19 crisis: Need 'complete trust' between industry and govt, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday, April 20, said that there should be absolute trust between the industry and the government to support growth in the wake of the COVID-19 situation in the country. Addressing a seminar organised by the Merchants' Chamber of Commerce & Industry, FM Sitharaman stated that the government has taken myriad steps to ensure that the economic revival continues despite the raging second wave of the COVID-19 pandemic.

'Heartless', 'lacks vision': Chidambaram slams Centre's revised COVID-19 vaccine policy

Congress leader P Chidambaram on Tuesday slammed the government over its revised vaccine policy.  Chidambaram has stated that the new vaccine policy is "heartless" and "lacks vision". Under the revised policy, vaccine manufacturers will be allowed to release 50 per cent of doses to the open market. The former finance minister attacked the new vaccine policy saying that it has "no price of vaccine fixed for below 45 years category." He added that young people have been left to the mercy of state governments and private hospitals. Chidambaram stated that the new vaccine policy has no provisions for the migrant workers who have been the worst hit by the COVID-19 pandemic.

India doubled oxygen exports to 9,301 MT in Apr-Jan FY21, earned Rs 8.9 crore

India sold twice as much oxygen to the world during the first ten months of fiscal 2020-21 as compared to the entire financial year before it, shows data from the Department of Commerce. This happened despite the fact that India was one of the three worst-affected nations from the coronavirus pandemic for a substantial portion of this period. Between April 2020 and January 2021, India exported 9,301 metric tonnes of oxygen across the world, earning Rs 8.9 crore from the trade. In contrast, the country had exported only Rs 4,514 crore during the financial year 2019-20, raking in Rs 5.5 crore.

UP govt to administer COVID-19 vaccine for free to all above 18 from May 1

The Uttar Pradesh government on Tuesday decided to administer the COVID-19 vaccine free of cost to all those above 18 years of age from May 1. The decision was taken at a Cabinet meeting chaired by Chief Minister Yogi Adityanath. The Cabinet also thanked Prime Minister Narendra Modi for allowing the administering of the coronavirus vaccine to those above 18 years of age.

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