The Indian COVID Alliance’s (TICA) Financing report outlines the allocations of funds set aside by the Central Government to detail what percentage of the adult population in India can be successfully vaccinated within the current budget. We estimate that the Rs 35,000 crores (USD 5 bn) allocated by the Central government in the Union Budget for 2021-22 could cover the vaccine costs for half of the adult population. In addition, a significant portion of the costs of immunisation, mainly administrative resources, will be borne by states’ budgets. However, they have a low capacity to absorb these costs.

 

This work was done by the author/s when they were a part of the IDFC Institute and is republished here with permission.