Full Advance For Covishield Vaccine Released To Serum On April 28: Centre

The amount, which after TDS was Rs 1699.50 crore, was received by the SII on April 28 itself, it said.

The Health Ministry on Monday said that 100 per cent advance of Rs 1732.50 crore was released to the Serum Institute of India on April 28 for 11 crore doses of Covishield vaccine during May, June and July. The amount, which after TDS was Rs 1699.50 crore, was received by the SII on April 28 itself, it said. As on date, against the last order of 10 crore doses for supplies of Covishield vaccine, 8.744 crore doses have been delivered till May 3, the ministry said, adding, media reports alleging that the Centre has not placed any fresh order for COVID-19 vaccines are "incorrect and not based on facts". Additionally, 100 per cent advance of Rs 787.50 crore (after TDS Rs 772.50 crore) was released on April 28 to Bharat Biotech India Ltd (BBIL) for 5 crore Covaxin doses during May, June and July. The amount was received by them on April 28.