bulk drug park Current Affairs, GK & News

Scheme for ‘Promotion of Bulk Drug Parks’

September 5, 2022

The Department of Pharmaceuticals has recently given ‘in-principle’ approval to the proposals to set up bulk drug parks in three states- Himachal Pradesh, Gujarat and Andhra Pradesh under the scheme of “Promotion of Bulk Drug Parks”. This is a major initiative to support bulk drug manufacturing in the country. Highlights Under this scheme, proposals for ..

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

September 18, 2020

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 ..

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Andhra Pradesh signs MoU with CSIR-IICT on Bulk Drug Park

September 4, 2020

The Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC) has entered into a Memorandum of Understanding (MoU) with Council of Scientific and Industrial Research – Indian Institute of Chemical Technology (CSIR-IICT)  as a step forward in the direction of setting up a Bulk Drug Park (BDP) under a scheme by the Ministry of Chemicals and Fertilisers, ..

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