We did not boost covid vaccine production because ‘there were no orders’: SII chief

News Network
May 3, 2021

May 3: Serum Institute of India Chief Executive Officer Adar Poonawalla has said that India’s Covid-19 vaccine shortage would continue through July, reported The Financial Times. Poonawalla said that the production of the vaccines is expected to increase from 60-70 million doses (6-7 crore) to 100 million (10 crore) by then.

Poonawalla told The Financial Times that his company has been maligned by politicians and critics over shortages in vaccines. He said that the government, not the Serum Institute, was responsible for policy decisions.

While the Centre launched the third phase of the immunisation drive, covering citizens above 18 years, several states have expressed their inability to conduct the inoculation programme as they do not have sufficient vaccines. Many states are awaiting more stock from drug companies.

Currently, India is reeling under the second wave of the coronavirus pandemic. The country’s infrastructure is under severe strain as cases are surging at an alarming rate. India has registered more than 3 lakh cases for over 10 consecutive days, once even crossing the 4-lakh mark.

Poonawalla told The Financial Times that the authorities did not expect that it will have to face a second wave of the pandemic when new coronavirus cases had declined. “Everybody really felt that India had started to turn the tide on the pandemic,” he said.

The Serum Institute, which is the local maker of AstraZeneca and Oxford University’s vaccine, also faced criticism for charging state governments and hospitals a higher rate for the vaccine doses than it offered to the Centre. While the company was selling the jabs to the central government at Rs 150 per dose, it was charging states Rs 300 and private hospitals, Poonawalla had brought down the rates from Rs 400 for states and Rs 1,200 for private hospitals after the criticism, calling it a “philanthropic gesture”.

“I’ve been victimised very unfairly and wrongly,” he claimed. Poonawalla further said that he did not boost the vaccine production capacity because “there were no orders” and the company did not think it needed to produce more than 1 billion, or 100 crore, doses in a year.

Experts believe that India should have invested in boosting manufacturing capacity earlier and secured enough vaccine shots. “It is absolutely essential that you need to have something to deliver, it’s common sense,” Chandrakant Lahariya, a New Delhi-based public health expert, told The Financial Times. She added that the government has not been transparent on its vaccine policy.

In April, the Centre had given a loan to the Serum Institute to help it convert a production line to make more vaccines. “We have just done this right now to address the ridiculous shortage that the nation, and obviously now the world even, has,” said Poonawalla.

Last week, Poonwalla had said that he has left the country for London because of threats related to the delivery of Covid-19 vaccines. Later, the Serum Institute chief said he would be returning to India. However, he told The Financial Times that he was not in London over safety concerns but for normal business.

Meanwhile, India on Monday registered 3,68,147 new coronavirus cases, taking the tally in the country to 19,925,604 since the pandemic broke out in January 2020. This is the second consecutive day when the daily infection count dropped after crossing the 4-lakh mark. The toll climbed by 3,417 to 2,18,959. There are 34,13,642 active cases and as many as 1,62,93,003 patients have recovered from the infection.

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News Network
January 4,2025

Mangaluru: In a shocking case of fraud, six individuals posing as officials from the Enforcement Directorate (ED) swindled a beedi businessman of Rs 25 to 30 lakh in cash and five mobile phones at Kolnad in Bantwal taluk of Dakshina Kannada on Friday night.

The incident came to light after Mohammed Iqbal, 27, lodged a complaint with the police, stating that his father, a beedi trader, was targeted by the imposters.

According to the complaint, the six accused arrived at the businessman’s residence around 8:10 pm in a car with Tamil Nadu registration plates. Claiming to be ED officials, they announced that they had orders to search the house and began confiscating mobile phones from the family members.

The fraudsters reportedly discovered Rs 25 lakh to Rs 30 lakh in cash, which the businessman had kept aside for business purposes. They claimed that keeping such a large amount was illegal and threatened to arrest him unless he complied. By 10:30 pm, the group left the house, instructing the businessman to submit documents at the ED office in Bengaluru to reclaim the money.

Later, upon discussing the incident with his family, Iqbal realized that the individuals were not ED officials but fraudsters who had impersonated authorities to rob them.

A case has been registered at Vittal Police Station under relevant sections of the Indian Penal Code. An investigation is underway, and the police have promised swift action to apprehend the culprits.

Dakshina Kannada Superintendent of Police Yathish N, along with senior officers, visited the crime scene and assured the family that the perpetrators would be brought to justice at the earliest.

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News Network
January 9,2025

bumbrah.jpg

Who will be the next captain of the Indian cricket team? After India's 1-3 loss in the Border-Gavaskar Trophy, this question has become the hottest topic in Indian cricket circles. Current skipper Rohit Sharma, despite stepping aside for the final Test, has confidently declared that he is not stepping down as captain. However, with India not playing another Test until June (in England), questions loom over whether the BCCI selectors will retain Rohit for the next World Test Championship cycle.

Amid the debate, former Indian cricketer Mohammad Kaif has cautioned against appointing star pacer Jasprit Bumrah as the full-time captain. Kaif emphasized that Bumrah’s primary focus should remain on taking wickets and maintaining his fitness. “BCCI should think twice before appointing Bumrah as a full-time captain. He needs to solely focus on taking wickets and staying fit. Added leadership responsibility and heat-of-the-moment decisions can lead to injuries and shorten an outstanding career. Don’t kill the golden goose,” Kaif posted on X (formerly Twitter).

However, legendary Indian batter Sunil Gavaskar has offered a contrasting perspective. Gavaskar recently expressed confidence in Bumrah’s ability to lead the Indian Test team in the near future. Speaking on Channel Seven, Gavaskar praised Bumrah’s calm demeanor and leadership qualities. “He will be the next man because he leads from the front. He has an aura of leadership but doesn’t pressurize players. Some captains put undue pressure on their teammates, but Bumrah allows others to perform their roles without micromanagement,” Gavaskar remarked.

Bumrah showcased his leadership skills during the Border-Gavaskar Trophy, where he captained India in two Tests, including the series-opening match in Perth, which India lost by 295 runs. Despite the series defeat, Bumrah’s individual performance stood out. He claimed 32 wickets in five matches at an impressive average of 13.06 and a strike rate of 28.37, earning him the Player of the Series award.

Gavaskar highlighted Bumrah’s brilliant handling of the fast-bowling unit, often seen guiding them from mid-off or mid-on. “With the fast bowlers, he’s been absolutely brilliant. He’s always at hand to provide advice without overwhelming them. I wouldn’t be surprised if he takes over the captaincy very soon,” Gavaskar added.

India’s bowling attack, however, suffered in crucial moments during the series. In the Sydney Test, Bumrah’s absence in the fourth innings due to a back spasm proved costly. India was defending a modest target of 162 but lacked the firepower to challenge Australia’s batting lineup. Gavaskar lamented Bumrah’s unavailability, noting the impact he could have had. “What a difference it would have made if Bumrah was available to bowl in that final innings. Even an early spell of four or five overs could have turned the match in India’s favor,” he observed.

As India gears up for its next phase in Test cricket, the debate over captaincy intensifies. While some caution against burdening Bumrah with added responsibility, others see his leadership as a natural progression for the team’s future.

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News Network
January 9,2025

Mangaluru: In a significant development, Mescom has proposed a phased electricity tariff hike starting with Rs 0.70 per unit for the fiscal year 2025-26. The proposal has been submitted to the Karnataka Electricity Regulatory Commission (KERC) for approval, signaling a potential increase in electricity costs for consumers.

Mescom emphasized that the current tariff structure is insufficient to meet operational expenses and manage revenue effectively. To address this, the company has invited public objections to the proposed hike.

Currently, the electricity supply cost is Rs 9.23 per unit, while the consumer tariff stands at Rs 8.53 per unit, leading to a shortfall of Rs 0.70 per unit. For the financial year 2023-24, Mescom reported revenue of Rs 5,924.73 crore against an expenditure of Rs 6,310.39 crore, resulting in a deficit of Rs 367.66 crore. For the 2025-26 fiscal year, projected revenue is Rs 5,850.81 crore, with an actual requirement of Rs 5,961.63 crore, creating a deficit of Rs 110.82 crore.

In a first, Mescom has submitted a multi-year tariff revision proposal to KERC. The plan outlines a hike of Rs 0.70 per unit for 2025-26, followed by Rs 0.37 per unit for 2026-27 and Rs 0.54 per unit for 2027-28.

"An increase in electricity tariff is inevitable," stated Jayakumar R, Managing Director of Mescom. "Mescom has submitted a proposal in this regard to KERC."

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