India joins virtual Global Vaccine Summit
India is to join the UK-led virtual Global Vaccine Summit. India will be one among the 50 countries participating at the summit.
Highlights
The summit is being held to raise at least 7.4 billion USD of funds for GAVI, the Vaccine Alliance. The UK is currently playing a larger role. The country had set a Vaccine Task Force to support the COVID-19 Vaccine discovery.
GAVI: Vaccine Alliance
The GAVI alliance was set up in 2000 under the partnership of UNICEF, WHO, Bill and Melinda Gates Foundation, World Bank, research agencies, vaccine manufacturers and several other private sector partners.
The main aim of the alliance is to strengthen primary health care, bring the countries closer to Sustainable Development Goals and make sure no one is left behind.
India and GAVI
In 2014, India became a donor country from a recipient. Till date India ahs contributed 12 million USD to the Alliance.
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Month: Current Affairs - June, 2020