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India can supply 5bn Covid vaccine dosages to world: Modi
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SME Times News Bureau | 31 Oct, 2021
Prime Minister Narendra Modi said that once the World Health
Organization (WHO) approves Covaxin, India's indigenous vaccine against
Covid-19, New Delhi can supply five billion dosages to the developing
countries as its contribution to reducing jab inequities.
He made
the remarks on Saturday while was speaking at the first session on
'Global Economy and Global Health' at the inaugural ceremony of the G20
Leaders' Summit with the other leaders of the world's biggest economies
in Rome.
In his address, the Prime Minister highlighted India's
contribution in the fight against the pandemic and also mentioned
medical supplies to over 150 countries.
"The Prime Minister
conveyed that India has not only vaccinated over a billion of our
citizens but more importantly, we are ready to produce over five billion
vaccine dosage by the end of next year and this would be available for
not only our citizens but also for the rest of the world. And that, this
is our own contribution to reducing vaccine inequities, especially in
the developing world," Foreign Secretary Harsh Vardhan Shringla told
mediapersons.
"We also believe that the WHO's approval for
emergency use authorisation for Covaxin, our indigenous vaccine, pending
with them, would facilitate this process of assisting other countries."
Modi
spoke about India's vision of 'One Earth One Health', which is
essentially the need for a collaborative approach in the international
domain in the fight against corona pandemic, Shringla said, adding:
"Collaboration in R&D to collaborations in combating pandemics,
collaborations across the board in developing mechanisms that can cope
with future pandemics and future global health issues.
"There was
an emphasis on vaccine research, manufacturing, and innovation. We have
invested a fair amount in that effort in order to make it available for
our citizens and citizens all across the world."
The Prime
Minister stressed on the need for resilient global supply chains, and
also mentioned India's bold economic reforms, and the lowering of the
cost of doing business in India, according to the Foreign Secretary.
He
spoke about innovations in India, efforts at developing a culture of
innovations. He invited the G20 countries to make India their partner in
economic recovery and supply chain diversification.
"The Prime
Minister also brought out the fact that despite the challenges of the
pandemic, India continued to be a trusted partner in the context of
reliable supply chains, the IT sector, the BPOs, we did not allow the
pandemic to come in the way of our contribution in the overall chain in
the global processes.
"The Prime Minister expressed satisfaction
over G20's decision to come up with the 15 per cent minimum Corporate
Tax. It was at the 2014 G20 Summit that the Prime Minister had first
proposed this idea of a minimum corporate tax in order to prevent to
some extent the evasion of taxes.
"Today there is satisfaction
over the fact that the G20 has actually adopted this. This has become a
global norm. And this is a very important step in ensuring more
rationalised global tax structures and better cooperation in the
international domain when it comes to issues like tax evasion, money
laundering, corruption and so on and so forth, some of the issues that
G20 is currently dealing with," Shringla added.
Earlier at the
G20 Summit venue, Modi and the other world leaders, first interacted
informally with each other, posed for a family photo, and generally
exchanged pleasantries.
Modi held two bilateral meetings, with French President Emmanuel Macron and the Singapore Prime Minister Lee Hsien Loong.
Prior to the G20 Summit, the Prime Minister had met Pope Francis at the Vatican and also attended a cultural event.
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