Third stimulus package for Mission Covid Suraksha

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.