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    Centre decides to allow export of indigenous ventilators as COVID-19 fatality rate falls to 2.15 pc

    Synopsis

    “All ventilators including any artificial respiratory apparatus or oxygen therapy apparatus or any other breathing appliance/device are made ‘free’ for export,” the DGFT said in a notification. A prohibition/restriction on the export of ventilators was imposed in March to ensure domestic availability of the machines to effectively fight Covid-19.

    There are more than 20 domestic manufacturers of ventilators.
    Coronavirus

    COVID-19 CASES

    Confirmed
    2,396,637
    Deaths
    47,033
    New Delhi: The government on Tuesday freed the export of ventilators after a high-level group of ministers (GoM) on Covid-19 on Saturday agreed to a proposal by the health and family welfare ministry to allow the export of indigenously manufactured ventilators.

    “All ventilators including any artificial respiratory apparatus or oxygen therapy apparatus or any other breathing appliance/device are made ‘free’ for export,” the Directorate General of Foreign Trade (DGFT) said in a notification.

    A prohibition/restriction on the export of ventilators was imposed in March to ensure domestic availability of the machines to effectively fight Covid-19.

    The health ministry had said that fewer numbers of active cases are on ventilators and there is a “progressively declining low rate of case fatality of Covid-19 patients, which currently stands at 2.15%”.

    As on July 31, 0.22% of the active cases were on ventilators across the country. Additionally, there has been substantial growth in the domestic manufacturing capacity of ventilators. Compared to January 2020, there are presently more than 20 domestic manufacturers for ventilators, it said.

    (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

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    1 Comment on this Story

    Ashwin9 days ago
    Plastics are expensive in India, with only Reliance as major supplier. Plastic mould making industry is relatively primitive in India. Without these two, one cannot scale or turnaround cheap plastic products the way the chinese do. Also, they get 4% gst subvention on all exports, and cheap funds, and cheap labor, and no bribes for land, electricity etc.
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