RIL Will Vaccinate All Eligible Staff From May 1 Under Its R-Surakshaa Plan

(RIL) will be vaccinating all its employees who are more than 18 years old against Covid-19. In a letter to staffers, Mukesh Ambani, the chairman and managing director of and his wife Nita Ambani, a non-executivev director at RIL, said, “Reliance will roll out our own vaccination programme, R-Surakshaa, across locations for all our employees and eligible family members above the age of 18 years, effective May 1, 2021.” The group has around 200,000 people on its rolls.

A company official told Business Standard that is in talks with domestic and foreign vaccine manufacturers to conduct this programme. A call on the supplier will be subject to availability of the doses.

The Ambanis said that this programme will be as per the new guidelines of the government of India. This will be in addition to RIL’s existing initiative to bear the vaccination costs for all eligible employees.

They also said that the country’s COVID-positive caseload may rise further over the next several weeks before we see a downward curve. In addition to this, the letter asked employees to support each other through the pandemic for the coming three months.

Earlier this month, the centre had relaxed the COVID-19 vaccination guidelines. Under the revised rules, the centre took a step back and allowed state governments to decide the priority vaccination recipients. It also allowed all those above 18 years of age, from 45 earlier, to be eligible for vaccination. In addition to these, the centre allowed importing the vaccines and removed price restrictions.

This liberalised third phase of vaccination instructed domestic manufacturers to supply 50 per cent of the vaccines to the centre, the rest could be sold to state governments and the open market.

In a statement issued soon after the government order, Serum Institute of India (SII) said that it will offer doses to state governments for Rs 400 per vial and to private hospitals for Rs 600 per vial. It said that this price is cheaper than foreign vaccines that cost upwards of Rs 750 per dose.

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

RECENT NEWS

BoE Loosens Capital Rules

The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more

Monzo Looks For US Banking License

Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more

Crypto Firms Push Into US Banking

America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more

Parallel Banking: Stablecoins Are Now Global

Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more