Need to fix the fiscal responsibility of the Union government on Vaccination
Amidst complaints of vaccine shortages, the Centre has now rolled out phase 3 of Covid vaccination on 19 th April 2021 where everyone above the age of 18 is eligible for getting vaccinated. But the cost of vaccinating the 18 to 45 age group should either be borne by States or citizens. The many States have announced free vaccines for all adults from May 1 but at the same time, many states complained about the fiscal burden on the state exchequer. So, the natural question that arises is – Does the central government have the fiscal space to do so? The answer lies in the Budget speech dated 1 st February 2021 where Finance Minister Nirmala Sitaraman announced “ I have provided 35,000 crores for Covid-19 vaccine in BE 2021-22. I am committed to providing further funds if required" (Paragraph 38). Two days later on 3 rd February, Expenditure secretary of the Finance ministry, T.V. Somanathan, addressed the press and elaborated the government ...