Under Phase I of Mission COVID Suraksha, the Government of India had sanctioned an amount of _________, in November 2020.

Question

Question

This question was previously asked in

SSC Selection Post 2024 (Higher Secondary Level) Official Paper (Held On: 21 Jun, 2024 Shift 2)

Answer 1

The correct answer is ₹900 crores

Key Points

The Government of India sanctioned ₹900 crores under Phase I of Mission COVID Suraksha in November 2020.
Mission COVID Suraksha is an initiative aimed at accelerating the development and production of indigenous COVID-19 vaccines in India.
This mission is part of the third stimulus package, Atmanirbhar Bharat 3.0, to promote self-reliance in vaccine production.
The funds are intended to support the development of vaccines, their clinical trials, and the establishment of necessary infrastructure for mass production.

Additional Information

Mission COVID Suraksha is implemented by the Department of Biotechnology (DBT), Ministry of Science and Technology, Government of India.
The initiative focuses on the development of a portfolio of COVID-19 vaccines that are safe, effective, affordable, and accessible to the Indian population.
India has been at the forefront of vaccine development and production, contributing significantly to the global fight against the COVID-19 pandemic.
As part of the mission, several Indian pharmaceutical companies and research institutions have been collaborating to expedite vaccine research and development.