GoI to launch Rs 25,000 crore plan to cut Chinese Imports

The Government of India is to launch a production linked incentive scheme in order to reduce dependence on Chinese import of chemicals. The scheme will have an outlay of Rs 25,000 crores and is to be implemented over the next five years. Highlights The department of chemicals over a series of recent meeting, has identified ..

Month: Current Affairs - September, 2020

Category: Government Schemes Current Affairs

Topics: active pharmaceutical ingredient (API) • bulk drug park • India China • Pharmaceutical Industry • production linked incentive scheme

‘Active Pharmaceutical Ingredients’ Report Published by TIFAC

Technology Information Forecasting and Assessment Council, an autonomous organization working under the Department of Science and Technology, has released the report on the API development in India. The report titled ‘Active Pharmaceutical Ingredients – Status, Issues, Technology Readiness’ has focused on the need to beef up the indigenous production of the APIs in the country. ..

Month: Current Affairs - July, 2020

Category: Reports & Indexes Current Affairs

Topics: active pharmaceutical ingredient (API) • Pharmaceutical Industry • TIFAC

Three Bulk Drug Parks and Four Medical Devices Park to be established in India

On July 13, 2020, the Union Ministry of Chemicals and Fertilizers finalised guidelines to select three bulk drug parks and four medical devices parks. Highlights The parks are to be set up at Bhatindia in the state of Punjab. Bhatindia has been selected as it has good connectivity of water and land availability. The state ..

Month: Current Affairs - July, 2020

Category: Government Schemes Current Affairs • India Nation & States Current Affairs

Topics: active pharmaceutical ingredient (API) • AIIMS • All India Institute of Medical Sciences (AIIMS) • Indian Institute of Science Education and Research (IISER) • Medical Device Parks • NIPER • Pharmaceutical Industry • production linked incentive scheme