Govt approved 49 applications under PLI scheme for bulk drugs

Govt approved 49 applications under PLI scheme for bulk drugs
Govt approved 49 applications

The minister said that 49 selected applications are from 33 companies. Out of these 33 companies, 13 are Micro, Small and Medium Enterprises (MSMEs) besides some newly incorporated entities.

The DoP is implementing three PLI schemes -- Bulk Drugs (Rs 6,940 crore), Medical Devices (Rs 3,420 crore) and Pharmaceuticals (Rs 15,000 crore) -- to promote manufacturing activity.

The government has received a total of 239 applications under the Production Linked Incentive (PLI) scheme for bulk drugs and 49 of them have been approved till now, the Rajya Sabha was informed on Tuesday.

In a written reply to a query seeking details of applications received and selected under the PLI scheme for bulk drugs, Minister of State for Chemicals and Fertilisers Bhagwanth Khuba said that in total 239 applications have been received for 36 products spread across the four target segments. ''Out of these, 49 applications have been approved by the government till date,'' he added.

The minister further said that the 49 selected applications are from 33 companies. Out of these 33 companies, 13 are Micro, Small and Medium Enterprises (MSMEs) besides some newly incorporated entities.

''The scheme provides for minimum domestic value addition to be achieved by each approved applicant. Thus, these large number of projects approved under the scheme will also accelerate domestic procurement, which will further strengthen the ecosystem and marketplace for MSME sector,'' he said.

Earlier this month, the Department of Pharmaceuticals (DoP) had extended the date of receipt of applications till March-end for the vacant slots under the PLI scheme for the promotion of domestic manufacturing of bulk drugs.

The DoP is implementing three PLI schemes -- Bulk Drugs (Rs 6,940 crore), Medical Devices (Rs 3,420 crore) and Pharmaceuticals (Rs 15,000 crore) -- to promote manufacturing activity.

Source: https://www.businesstoday.in

नोट :- हमारे वेबसाइट www.indiangovtscheme.com पर ऐसी जानकारी रोजाना आती रहती है, तो आप ऐसी ही सरकारी योजनाओं की जानकारी पाने के लिए हमारे वेबसाइट www.indiangovtscheme.com से जुड़े रहे।
*****

Comments

This week popular schemes

Apply Online for State Health Card in Uttar Pradesh under UP SECTS Scheme

प्रधानमंत्री ग्रामीण आवास योजना लाभार्थी सूची 2021 Pradhan Mantri Gramin Awas Yojana List 2021

Kranthi Veera Sangolli Rayanna Sainik School at Belgaum district of Karnataka on the erstwhile pattern of Sainik Schools

Uttar Pradesh One District One Product Training and Toolkit Scheme : उत्तर प्रदेश एक जनपद एक उत्पाद प्रशिक्षण एवं टूलकिट योजना

ISRO NAVIC GPS App Download : Indian Regional Navigation Satellite System (IRNSS)

7th Pay Commission increase to 13% DR इन सरकारी कर्मचारियों को मिली बड़ी राहत, 13 फीसद DR में बढ़ोतरी

Post Office National Savings Monthly Income Account

What is Pradhan Mantri Awas Yojana-Urban? Who can avail it?

Objectives, Eligibility, Rules of Sukanya Samriddhi Account (SSA) Scheme

Mineral Production Goes up By 4% in March 2022