The incompetence of the Indian government is starkly visible in its handling of the current COVID-19 crisis. It fares even worse on the vaccine front. Its belief in the ideology of free-market capitalism is that the market will magically produce whatever we need. This is why it starved the 7 public sector vaccine manufacturing units (Down to Earth, 17 April 2021) of any support. And also gave the public sector vaccine, Covaxin, developed by ICMR and National Institute of Virology to a private company, Bharat Biotech on an exclusive basis. It also believed that Serum Institute of India, another private sector company and the world’s largest vaccine manufacturer, would make vaccines in required amounts without orders or capital support.
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