Q. Consider the following statements regarding the ‘Scheme for Strengthening the Medical Device Industry’:
1.The scheme is designed to make India self-reliant in the production of medical devices by reducing import dependence and boosting domestic manufacturing capabilities.
2.Medical device export enhancement is one of the five sub-schemes under the scheme.
Which of the statement(s) given above is/are correct?
Answer: A
Notes:
Explanations –
Statement 1 is correct. One of the primary goals of the Scheme for Strengthening the Medical Device Industry is to reduce India’s reliance on imported medical devices and components by boosting domestic manufacturing capabilities. The scheme includes a sub-scheme specifically aimed at reducing import dependence by incentivizing domestic production of key components and raw materials.
Statement 2 is incorrect. The five sub-schemes are: Common facilities for medical device clusters, Marginal Investment Scheme for reducing import dependence, Capacity building and skill development, Medical device clinical studies support, Medical device promotion scheme.
Source: AIR
