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SII CEO sets aside Rs 10 crores for Indian students travelling to UK

The initiative has been launched by a television channel, of which Poonawalla is a part, and students will have to apply for the financial support

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Adar Poonawalla, CEO, Serum Institute of India (SII), has announced financial assistance of Rs 10 crores for Indian students who are travelling to the United Kingdom (UK).

Informing about his decision, Poonawalla wrote on Twitter, “Dear students travelling abroad, as a few countries are yet to approve Covishield as an acceptable vaccine for travel without quarantine, you may have to incur some costs. I have set aside Rs 10 crores for this, apply below for financial support if needed.”

He further added, “I remain fully committed to helping Indian students quarantine in the United Kingdom on arrival for their higher studies. The new Amber List rules make it clear that Indian students will still need to quarantine, albeit at a place of their choosing. They may, therefore, still incur substantial costs.”

The initiative has been launched by a television channel, of which Poonawalla is a part, and students will have to apply for the financial support.

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