Government Initiatives to Boost India's Pharmaceutical Sector

The Ministry of Chemicals and Fertilizers has launched several schemes to enhance India's pharmaceutical sector, aiming for self-reliance and innovation. Key initiatives include the PRIP scheme with ₹5,000 crore funding for research and development, the PLI Scheme to boost manufacturing capabilities, and the Bulk Drug Parks Scheme to reduce import dependence. Over six years, drug exports have surged by 92%, reflecting the success of these initiatives. The Pradhan Mantri Bhartiya Janaushadhi Pariyojana scheme has also made quality medicines affordable, saving citizens approximately ₹38,000 crore.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link