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Strengthening of Pharmaceutical Industry: Govt Allocates Rs 500 crore to 5 year plan, details
The scheme will address the rising demand in terms of support required for existing pharma clusters and MSMEs across the country to improve their productivity, quality and sustainability, the ministry said in a statement.
New Delhi: The government has earmarked Rs 500 crore for a scheme to provide support to the existing pharma clusters and MSMEs across the country to improve their productivity and sustainability, an official release said on Friday. The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, released the guidelines for the scheme -- Strengthening of Pharmaceutical Industry (SPI) -- with a total financial outlay of Rs 500 crore for FY2021-22 to FY2025-26.
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