Coronavirus: Cabinet approves relaunch of bulk drug park scheme2 min read 21 Mar 2020, 06:09 PM IST
Under the scheme, the Centre will give grants-in-aid to states with a maximum limit of ₹1,000 crore per bulk drug park
The parks will have common facilities such as solvent recovery plant, distillation plant, power & steam units
NEW DELHI: The Cabinet on Saturday approved the relaunch of a scheme to set up three bulk drug parks and four medical device parks for a total outlay of ₹3,400 crore over five years. This comes amid the coronavirus epidemic that hit supply of crucial pharmaceutical raw materials from China.
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