The centre's phase 3 vaccine policy allows participation of states and private sector in procurement and delivery of vaccines.

Will this lead to an acceleration of the vaccination programme?

Or does it pass the buck to states, private entities and citizens?

Quick thread...
Former health secretary @sujakrao
says this centre-buys-some- states-buy-some approach will cause more chaos.

It's "preposterous", she says.

bloombergquint.com/coronavirus-ou…
The new policy raises these questions

- Who will vaccinate whom?
- Who will supply vaccines?
- What about the costs?
- And how long will it take to vaccinate India?

bloombergquint.com/coronavirus-ou…
First, here's where we stand.

India has so far vaccinated 9.4 people in every 100, below mainland China’s 14, Brazil’s 16, Turkey’s 25 and the U.S.’ 64.

The world average is 12.

As yet, 1.3% of our population is fully vaccinated.

bloombergquint.com/coronavirus-ou…
Who will vaccinate whom?

Centre will vaccinate healthcare and frontline workers and those 45+. Free. Via govt hospitals.

Approx. 28-30 crore

States (and private sector) to vaccinate those between 18-45 years.

Approx. 60 crore

@thePHFI's K Srinath Reddy says
Some citizens will be able to pay and vaccinate themselves via private hospitals that can now also import vaccines.

Companies may pay to vaccinate their workers.

But the bulk of the burden will fall on states.

States need vaccines and money to pay for them.
Current Covishield + Covaxin capacity is about 12 crore doses/month.

Estimated to expand to 20 crore by July/Sept. (Should have been supported earlier.)

Sputnik imports/local production: June/July

Maybe Cadila

Pfizer/Moderna etc imports

More here...
bloombergquint.com/coronavirus-ou…
Serum Institute will sell to states (and centre hereon) at Rs 400/dose and to private hospitals at Rs 600.

Bharat Biotech has not published pricing.

Imported Sputnik will cost approx Rs 750/dose.

India Ratings estimates the costs here 👇
bloombergquint.com/coronavirus-ou…
Increase in vaccine supply will depend on

- How quickly domestic producers scale up

- Getting regulatory approvals for imports

- Availability of imported vaccines

Competition between states for domestic + imported supplies will be messy.

K Srinath Reddy, @sujakrao views 👇
Assuming states find the funding + vaccine supply they also have to

Increase vaccination centres

Ensure uniform data collection

Coordinate for full coverage (eg; migrant workers)

Otherwise we'll have what's happening with oxygen right now.

bloombergquint.com/coronavirus-ou…
So far we have been doing 25-30 lakh vaccinations a day (avg).

If we can scale that to 50 lakh/day then we'll be able to vaccinate 50% of the population this year.

bloombergquint.com/coronavirus-ou…
That's the best case scenario.
Unless, ofcourse our central and state governments work together, with the private sector, and determinedly ramp domestic supply, delivery of vaccines faster.

Then we may pull off a miracle.

bloombergquint.com/coronavirus-ou…
But there are no signs of that right now.

We've lost precious time.

And lives.

bloombergquint.com/coronavirus-ou…
End.

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More from @menakadoshi

15 Apr
Serum Institute needs Rs 3,000 crore to add vaccine capacity.

There's an easy fix to this if the govt won't help (though why it won't is baffling)

Just allow companies to donate to new vaccine facilities under CSR.

Can be held via separate subsidiary, run on non profit basis?
This is what the Top 10 company spends on CSR were in FY20.

Let's assume numbers are smaller for FY21.

Yet, 3,000 crore is not an inconceivable amount.

Give them a special tax deduction for it if needed. A one time thing.
Why just Serum? Let a few more capacities be identified, based on company track record and approvals.

It cannot be that India can't come up with a few thousand crores to overcome this pandemic.

If govt won't (I have no idea what PM Cares does) then allow private sector to fund.
Read 12 tweets
13 Apr
Maharashtra tightens restrictions but with more exceptions than last time.

Public transport will function for all essential services.

Hotels/restaurants/street vendors can function only for home delivery.

All grocery and food stores can stay open from 7am to 8pm. ImageImageImageImage
Public transport will function in Maharashtra but with restrictions. Image
Restrictions on manufacturing sector in Maharashtra ... With several relaxations versus last year. ImageImage
Read 7 tweets
13 Oct 20
After two years of hearing the case...nearing a verdict...the judge says this court has no jurisdiction.

Priya Ramani must now defend herself all over again against a defamation charge brought by MJ Akbar.

This is how India's judicial system breaks you.
Priya recently began writing a weekly column for BQ.

This is her most recent one.

bloombergquint.com/opinion/speaki…
So here's what I know so far.

Today the judge at the special court hearing the MJ Akbar Vs Priya Ramani case issued an order saying...

▪️Due a 2018 Supreme Court decision, the court can no longer try the case.

▪️It must be transferred.
Read 4 tweets
28 Aug 20
The Rs 97,000 crore twist in #GST Compensation Cess Case

The constitutional amendment states that compensation shall be provided to the States

"...for loss of revenue on account of implementation of the goods and services tax..."

The centre has interpreted this narrowly...
The centre estimates Rs 3 lakh crore payable to the states as compensation this fiscal.

Due to low tax revenue collection it expects to face a compensation cess shortfall of Rs 2.35 lakh crore.
But it attributes most of this to Covid and claims the loss due "implementation of GST" (see constitutional amendment in first tweet) is only Rs 97,000 crore.

It computed this based on previous shortfall data.
Read 11 tweets
31 May 20
As lockdowns lift, many of us will rush to work. Please think before you do.

Some Indians have no option, due to the nature of their work (factory, retail, household help etc) or their financial circumstances (daily wagers).
Some of us do have a choice. We are lucky to be able to WFH.

Please consider staying home for as long as you can.

That will reduce crowds in public spaces (elevators to streets).

It will put less burden on public services, like cops, municipal workers and health services.
It's clear that public health services (no matter how much governments try in the short term) are insufficient.

The less load we put on them the better the chances for all of us as a community, city, state, country to emerge from this with minimal loss.
Read 5 tweets
17 May 20
Azim Premji cautioned states against diluting already lax labor laws..

(Among the few business leaders who speaks his mind)

Read more at: bloombergquint.com/business/billi…
.@PayaswiniLLB analyses the broad impact of labour law changes.

bloombergquint.com/law-and-policy…
The FMspoke of the centre's efforts in consolidating and rationalising labour codes.

Atul Gupta writes the changes proposed by states go above and beyond anything planned by the Labour Codes in many ways.

Read more at: bloombergquint.com/coronavirus-ou…
Read 5 tweets

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