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Will we get Pfizer, Moderna vaccines soon? Decoding the 'indemnity' hurdle

Will we get Pfizer, Moderna vaccines soon? Decoding the 'indemnity' hurdle

Last Updated: Jun 03 2021 | 5:13 PM IST

An SBI report has predicted that the third wave of coronavirus could be as severe as the second. And there is only one way to minimise the impact in case the pandemic hits country again and that is by vaccinating the majority of population as soon as possible. But for that to happen, India needs vaccines. Reports suggest that the government is actively considering the grant of indemnity to US firms Pfizer and Moderna for their vaccines in a bid to ramp up the vaccine supply. But what does indemnity against liability mean? Watch the video to understand the issue in detail.