Pharma MSMEs Can Get Govt Help To Upgrade Facilities

New Delhi: The Department of Pharmaceuticals has proposed to offer financial assistance to micro, small and medium enterprises (MSMEs) to help them upgrade their facilities to ensure better quality of medicines.

“Under a central scheme, which is called Pharmaceutical Technology Upgradation Assistance Scheme, MSMEs can seek financial assistance from the government,” said Arunish Chawla, secretary, Department of Pharmaceuticals. “This will open a new window for MSMEs who have an opportunity to get some assistance and be able to get the quality certifications that are now mandatory.”

The health and family welfare ministry has made good manufacturing practices mandatory for pharma companies. A recent notification by the ministry covered the revised Schedule M rules for good manufacturing practices and requirements of premises, plant and equipment for pharmaceutical products, with provisions for an annual product quality review, risk management and a quality system.

In July last year, health minister Mansukh Mandaviya said that Schedule M should be made compulsory for the MSMEs in the pharma industry in a phased manner. The health ministry said drug manufacturers with an annual turnover of over 250 crore must comply with the standards within six months starting from August 1, 2023. Smaller companies will get one year, he had said.

Related Posts

Muradnagar Police Bust Fake Liver-52 DS Herbal Medicine Racket: Three Arrested

Ghaziabad: Uttar Pradesh Police, in a joint operation by Muradnagar police and the Dehat SWAT team, have cracked a counterfeit herbal medicine syndicate producing fake versions of Himalaya Wellness Company’s popular…

Massive Eskuf haul seized from train in Agartala

Agartala:  In yet another major drug bust on the railway route, a large consignment of Eskuf cough syrup was seized at Badharghat Railway Station, once again exposing the growing menace…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Muradnagar Police Bust Fake Liver-52 DS Herbal Medicine Racket: Three Arrested

Muradnagar Police Bust Fake Liver-52 DS Herbal Medicine Racket: Three Arrested

Massive Eskuf haul seized from train in Agartala

Massive Eskuf haul seized from train in Agartala

Vadodara Police Seize Illegal Steroids and Testosterone Injections from Russia and Austria in Bodybuilding Shop Raid

Vadodara Police Seize Illegal Steroids and Testosterone Injections from Russia and Austria in Bodybuilding Shop Raid

35 drugs manufactured in Telangana fail CDSCO quality checks

35 drugs manufactured in Telangana fail CDSCO quality checks

Delhi govt inspects 25 firms, collects 55 samples in crackdown on spurious anticancer drugs

Delhi govt inspects 25 firms, collects 55 samples in crackdown on spurious anticancer drugs

‘Import of Refurbished Medical Devices’ Lobby has reared its Ugly Head

‘Import of Refurbished Medical Devices’ Lobby has reared its Ugly Head