50,000 Made in India Ventilators under PM CARES Fund to fight COVID-19
- IBEF
- June 24, 2020
PM CARES Fund Trust has allocated Rs 2,000 crore (US$ 283.73 million) for supply of 50,000 ‘Made-in-India’ ventilators to government run COVID hospitals in all States/UTs. Further, a sum of Rs 1,000 crore (US$ 141.86 million) has been allocated for the welfare of migrant labourers.
Out of the 50,000 ventilators, 30,000 ventilators are being manufactured by M/s Bharat Electronics Limited. The remaining 20,000 ventilators are being manufactured by AgVa Healthcare (10,000), AMTZ Basic (5,650), AMTZ High End (4,000) and Allied Medical (350). So far 2,923 ventilators have been manufactured, out of which 1,340 ventilators have already been delivered to the States/UTs. The prominent recipients include Maharashtra (275), Delhi (275), Gujarat (175), Bihar (100), Karnataka (90), Rajasthan (75). By the end of June 2020, additional 14,000 ventilators will be delivered to all States/UTs.
Further a sum of Rs 1,000 crore (US$ 141.86 million) has already been released to States/UTs for welfare of the migrant labourers. The distribution of the fund is based on the formula of 50 per cent weightage for the population as per 2011 census, 40 per cent weightage for number of positive COVID-19 cases and 10 per cent for equal distribution among all the States/UTs. This assistance is to be used for arranging accommodation, food, medical treatment, and transportation of the migrants. The main recipients of the grant are Maharashtra (Rs 181 crore (US$ 25.68 million)), Uttar Pradesh (Rs 103 crore (US$ 14.61 million)), Tamil Nadu (Rs 83 crore (US$ 11.77 million)), Gujarat (Rs 66 crore (US$ 9.36 million)), Delhi (55 crore (Rs US$ 7.80 million)), West Bengal (Rs 53 crore (US$ 7.52 million)), Bihar (Rs 51 crore (US$ 7.24 million)), Madhya Pradesh (Rs 50 crore (US$ 7.09 million)), Rajasthan (Rs 50 crore (US$ 7.09 million)) and Karnataka (Rs 34 crore (US$ 4.82 million)).
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
Partners
