The Department of Pharmaceuticals granted in-principle approval to the proposals of the three States Viz, Himachal Pradesh, Gujarat and Andhra Pradesh under the Scheme for “Promotion of Bulk Drug Parks” to support the Bulk Drugs manufacturing in India.
National
The Department of Pharmaceuticals granted in-principle approval to the proposals of the three States Viz, Himachal Pradesh, Gujarat and Andhra Pradesh under the Scheme for “Promotion of Bulk Drug Parks” to support the Bulk Drugs manufacturing in India. The Scheme, with a financial outlay of Rs3,000 crores notified in 2020, provides for financial assistance to three States for establishing Bulk Drug Parks. The financial assistance to the proposed Bulk Drug Park in Gujarat and Andhra Pradesh would be 70% of the project cost of common infrastructure facilities. In case of Himachal Pradesh, being Hilly States, financial assistance would be 90% of the project cost. Maximum assistance under the scheme for one Bulk Drug Park would be limited to Rs1000 crores. These three States were instructed to submit their Detailed Project Reports in next 90 days, to appraise the same and to process for issuance of final approval under the scheme.
Andhra Pradesh Capital- Amaravati
Governor- Biswabhusan Harichandan
____________________________
