Govt releases norms for strengthening of pharma industry scheme; Key highlights2 min read 11 Mar 2022, 11:10 PM IST
The Centre has assigned an outlay of ₹500 crore for the period from fiscal FY 21-22 to FY 25-26.
The main objectives of the scheme are to strengthen the existing infrastructure facilities in order to make India a global leader in the Pharma Sector.
Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers on Friday released guidelines for 'Strengthening of Pharmaceutical Industry (SPI)' scheme that is seen to address rising demand in terms of support required to existing Pharma clusters and MSMEs across the country to improve their productivity, quality and sustainability. The Centre has assigned an outlay of ₹500 crore for the period from fiscal FY 21-22 to FY 25-26.