Ayush Ministry, Invest India collaborate to set up strategic policy unit

The move aims to facilitate systematic and planned growth of the Ayush sector. In the collaboration that is underway, SPFB will support the ministry in its growth and investment-driven goals to reach full potential in strategic and policy-making initiatives while M/S Invest India would work in the direction to frame the plan-of-action in the short as well as long-term targets of the Bureau.

Adding to this, some of the specific deliverables of the Bureau would be to monitor the projects for Inter-Ministerial Groups, Skill Development Initiatives, and most importantly, setting up the Strategic Intelligence Research Unit and initiation of the Innovation Program.

As a part of this collaborated venture, the SPFB would carry out the tasks of Knowledge Creation and Management, Strategic & Policy-making Support, State Policy benchmarking, Undertaking State Policy benchmarking to formulate uniform guidelines concerning the Ayush Sector, Investment Facilitation, Follow up and facilitation of investment cases and MoUs and coordination among different departments, organizations and states.

The SPFB would be a step in the streamlining of Ayush Education on modern lines, evolving global standards for Ayush systems for diagnostics and terminologies. Along with this, it is to set up a vertical for Ayush Drugs Control initiated by the Ministry to enable the Ayush systems to move into the highlights of healthcare activities in the 21s century in the Information and communications technology (ICD).

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According to a statement by the Ayush Ministry as quoted by Live Mint, "Carving out an independent Ministry for the seven Ayush systems in 2014 has put these Indian Medicine Systems on a trajectory of accelerated growth. The six years that followed have seen the potential of these being tapped on an unprecedented scale to address some of the long-standing challenges of public health in India."

The Ministry would be of assistance to the Bureau in responding to investment proposals, issues, and queries of Fund Investment India in all the activities assigned. It will also help in building links with various stakeholders such as industry associations, affiliate bodies of Ministry and Industry representation.

The Ministry further added that the picture that emerges from various studies and reports of the Ayush Sector in this period indicates the affordable and accessible solutions of the systems that have the potential to be a boon to large sections of the society.

The government conveyed in its statement that in view of the unprecedented current situation that has resulted in altered health-seeking behaviors in the sector such a strategy unit would be of immense support to the stake-holding groups of the Ayush sector. In this updated approach, Invest India along with other companies and institutions could work on issue resolution across states and among various sub-sectors.