FM Nirmala Sitharaman assures ramp up in supply of Oxygen & Remdesivir to States



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Finance Minister Nirmala Sitharaman has pledged to increase the supply of vital medical resources, including oxygen and Remdesivir, to Indian states. During a virtual meeting with industry leaders, she highlighted the government's efforts to ramp up Remdesivir production significantly and ensure a seamless supply of oxygen. Sitharaman also emphasised the importance of micro-containment strategies over broad lockdowns, noting the availability of vaccines and medicines as key tools in managing the current pandemic surge.

Finance Minister Smt. Nirmala Sitharaman assures ramp up in supply of Oxygen Remdesivir to States; reiterates the importance of micro - containment policies over lockdown in virtual interaction with Industry Captains Applauds Indian Industry for its extreme forbearance, patience and perseverance, describes it as Gamanzuyoi Union Minister for Finance Corporate AffairsSmt. Nirmala Sitharaman praised the Indian Industry for its extreme forbearance, patience and perseverance, and described i
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FAQ :

Finance Minister Nirmala Sitharaman has assured states of a ramped-up supply of oxygen and Remdesivir to meet the increased demand.

The government is importing medical oxygen, ensuring oxygen filling stations operate round the clock, and allowing containers used for nitrogen and argon to be used for oxygen.

Remdesivir production capacity is being ramped up from 36 lakh vials per month to 78 lakh vials per month through rapid clearances for new capacities, stopping exports, and allowing manufacturers in SEZs to sell domestically.

The Finance Minister emphasised the need for adopting micro-containment strategies, rather than widespread lockdowns, in dealing with the second surge of the pandemic.

Industry leaders, represented by the Confederation of Indian Industry (CII), have provided input that has helped shape the micro-containment strategy, and manufacturers are working to exceed Remdesivir production targets.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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