{"id":196488,"date":"2022-07-20T17:38:14","date_gmt":"2022-07-20T12:08:14","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=196488"},"modified":"2022-07-20T19:39:25","modified_gmt":"2022-07-20T14:09:25","slug":"govt-of-india-to-roll-out-schemes-for-strengthening-pharmaceuticals-industry-with-focus-on-msmes-and-clusters","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/govt-of-india-to-roll-out-schemes-for-strengthening-pharmaceuticals-industry-with-focus-on-msmes-and-clusters\/","title":{"rendered":"Govt of India to roll out Schemes for Strengthening Pharmaceuticals Industry with Focus on MSMEs and Clusters"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article<\/span><b> \u201c<\/b><b>Govt of India to roll out Schemes for Strengthening Pharmaceuticals Industry with Focus on MSMEs and Clusters<\/b><b>\u201d <\/b><span style=\"font-weight: 400;\">published in<\/span><b> PIB <\/b>on<b> 19th July 2022.<\/b><\/p>\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The Department of Pharmaceuticals, Ministry of Chemicals &amp; Fertilizers is planning to roll out a series of initiatives under the banner of <\/span><b>\u201cSchemes for Strengthening Pharmaceuticals Industry(SPI)\u201d.<\/b><\/p>\n<h5><b>What is the \u201cSchemes for Strengthening Pharmaceuticals Industry (SPI)\u201d?<\/b><\/h5>\n<p><b>Aim:<\/b><span style=\"font-weight: 400;\"> To further enhance India\u2019s existing manufacturing prowess in the Pharmaceuticals Industry by addressing issues related to technology up-gradation among MSMEs at the unit level and cluster level.\u00a0<\/span><\/p>\n<p><b>Sub-Schemes:<\/b><\/p>\n<p><b>Pharmaceuticals Industry Technology Upgradation Assistance Scheme (PTUAS):<\/b><span style=\"font-weight: 400;\"> Under this, the Government will incentivise MSMEs for getting Schedule M certification or Good Manufacturing Practice(GMP) certification by the World Health Organization(WHO).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 MSMEs will have the option to choose from either capital subsidy or interest subvention to upgrade their production facilities as per WHO-GMP or Schedule-M standards.<\/span><\/p>\n<p><b>Note: <\/b><span style=\"font-weight: 400;\">GMP certification is a standard defined by WHO for ensuring products are produced and controlled as per the quality standards.<\/span><\/p>\n<p><b>Assistance to Pharmaceuticals Industry for Common Facilities(APICF): <\/b><span style=\"font-weight: 400;\">Under this, Government will support the creation of common facilities like Testing Labs, Common Effluent Treatment Plants and other such common facilities by providing Govt support in the form of capital grants to the extent of up to 70% subject to a ceiling of a maximum of Rs. 20 crores.<\/span><\/p>\n<p><b>Pharmaceutical &amp; Medical Devices Promotion and Development Scheme (PMPDS)<\/b><span style=\"font-weight: 400;\">: Under this, a series of awareness programs, sectoral studies and similar programs will be organized to generate soft inputs for policy advocacy.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cGovt of India to roll out Schemes for Strengthening Pharmaceuticals Industry with Focus on MSMEs and Clusters\u201d published in PIB on 19th July 2022. What is the News? The Department of Pharmaceuticals, Ministry of Chemicals &amp; Fertilizers is planning to roll out a series of initiatives under&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/govt-of-india-to-roll-out-schemes-for-strengthening-pharmaceuticals-industry-with-focus-on-msmes-and-clusters\/\">Continue reading <span class=\"screen-reader-text\">Govt of India to roll out Schemes for Strengthening Pharmaceuticals Industry with Focus on MSMEs and Clusters<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1292,1566,956,9,959],"tags":[3590],"class_list":["post-196488","post","type-post","status-publish","format-standard","hentry","category-art-and-culture","category-daily-factly-articles","category-schemes-and-programs","category-public","category-schemes","tag-pib","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704887515},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/196488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=196488"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/196488\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=196488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=196488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=196488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}