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04/03/23 10:07 AM IST

Health and Family Welfare Ministry receives Porter Prize 2023

In News
  • The Union Health and Family Welfare Ministry has received the Porter Prize 2023.
Significance
  • It recognised the Government's strategy in managing COVID-19, also the approach, and involvement of various stakeholders, especially the involvement of ASHA workers in the industry to create PPE Kits.
  • It was also noted that “the idea of vaccine development and vaccine manufacturing and the scale that India achieved, was tremendous.
  • The Ministry took all the necessary steps to combat the COVID situation in the country.
  • The idea of vaccine development and vaccine manufacturing and the scale that India achieved, was tremendous.
Porter Prize
  • Porter Prize is named after Michael E. Porter, an economist, researcher, author, advisor, speaker and teacher.
  • He has brought economic theory and strategy concepts to bear on many of the most challenging problems facing corporations, economies and societies, including market competition and company strategy, economic development, the environment and healthcare.
  • His research has received numerous awards, and he is the most cited scholar today in economics and business.
Source- AIR News

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