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BREAKING NEWS: India announces Rs 900 crore for COVID-19 vaccine research

Nirmala Sitharaman press conference: The minister said that the Rs 900 crore funding to the Department of Biotechnology will be for research purposes only

Finance Minister Nirmala announced Rs 900 crore funding for vaccine research in the country. The minister clarified the funding will only be for research and development of COVID-19 vaccine. "Rs 900 crore provided for COVID Suraksha Mission for research and development of the Indian COVID vaccine to the Department of Biotechnology," said Finance Minister Nirmala Sitharaman.