Explained: What will you have to pay for SII's Covishield vaccine after May 1
The Serum Institute of India (SII) has announced the price at which it plans to sell Covishield to States and private hospitals . It also says that the vaccines will be available in retail and free trade in a few months.
What are these prices and why should you care?
The announcement is a result of the Narendra Modi government's decision to open up vaccinations against Covid-19 to those above the age of 18 years . As per this decision, 50 per cent of the vaccines that companies supply to India will be sold to the 'open market' — states, private hospitals and individual companies that wish to vaccinate their employees.