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LATEST NEWS UPDATES | What exactly Is the Cost of a Ventilator? Rs5.05 Lakh Being Paid to BEL or Rs2.84 Lakh Paid to Private Companies? -Yogesh Sapkale

What exactly Is the Cost of a Ventilator? Rs5.05 Lakh Being Paid to BEL or Rs2.84 Lakh Paid to Private Companies? -Yogesh Sapkale

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published Published on Jul 6, 2021   modified Modified on Jul 8, 2021

-Moneylife.in

Amid reports of malfunctioning ventilators procured with support from the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund), there is a new revelation about different prices paid to the government-owned company and other private players. 
 
As per information obtained by Delhi-based right to information (RTI) activist, commodore (Cmde) Lokesh Batra (retd), the Union ministry of health and family welfare (MoHFW) spent Rs2,332.22 crore for buying 58,850 ventilators over the past two years. Out of the total amount, Rs2,000 crore is being provided by the PM CARES Fund for procuring the ‘Make in India’ ventilators. 
 
So far, the PM CARES Fund has released Rs1,497.34 crore to Bharat Electronics Ltd (BEL) and Rs35.36 crore to HLL Lifecare Ltd. Both are State-run companies. 
 
As per the RTI reply, which was provided to Cmde Batra after the first appeal, the purchase order for 30,000 ventilators from BEL is valued at Rs1,513.92 crore, which comes to Rs5,04,640 per ventilator. HLL Lifecare issued purchase order (PO) for 28,850 ventilators at Rs818.30 crore to five private companies, namely, Allied Medical, AMTZ Basics, AMTZ High End, Agva Healthcare and Jyoti CNV Automation. The price per ventilator of this order comes to Rs2,83,639.51.

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Moneylife.in, 6 July, 2021, https://www.moneylife.in/article/what-exactly-is-the-cost-of-a-ventilator-rs505-lakh-being-paid-to-bel-or-rs284-lakh-paid-to-private-companies/64444.html?fbclid=IwAR3PndW8UC7OysiTpI860F94EefnMVctjwOVpykLXByNwbH5A4r3W_bEa_I


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