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Third stimulus package for Mission Covid Suraksha

  • IASbaba
  • December 4, 2020
  • 0
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Third stimulus package for Mission Covid Suraksha

Part of: GS Prelims and GS-II – Policies and Interventions 

In news

  • The Indian Government recently announced the third stimulus package of Rs. 900 Crore for the Mission COVID Suraksha – The Indian COVID-19 Vaccine Development Mission.
  • This grant will be provided to the Department of Biotechnology (DBT) for Research & Development of Indian COVID-19 vaccines.

Important value addition

Mission COVID Suraksha – The Indian COVID-19 Vaccine Development Mission

  • The COVID-19 Vaccine development Mission with end-to-end focus from preclinical development through clinical development and manufacturing and regulatory facilitation for deployment would consolidate all available and funded resources towards an accelerated product development.
  • Led by: Department of Biotechnology 
  • Implemented by: Mission Implementation Unit at Biotechnology Industry Research Assistance Council (BIRAC)
  • The existing activities under National Bio Pharma Mission (NBM) and Ind-CEPI Mission will provide complementary strengths to this Mission.

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