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Health & Medicine, Schemes & Policies
Mahesh

20/07/22 07:01 AM IST

Strengthening Pharmaceuticals Industry’ (SPI)

In News 
  • With an objective to further enhance India’s existing manufacturing prowess in the Pharmaceuticals Industry, Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Govt of India is planning to roll out a series of initiatives under the banner of Schemes for ‘Strengthening Pharmaceuticals Industry’ (SPI). 
Features of the scheme 
  • Govt of India shall be incentivizing the intending MSME units going in for acquiring Schedule M certification or WHO GMP Certification through the sub-scheme Pharmaceuticals Industry Technology Upgradation Assistance Scheme (PTUAS).
  • At the cluster level, the sub-scheme ‘Assistance to Pharmaceuticals Industry for Common Facilities’ (APICF) envisages to support 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 grant to the extent of up to 70 per cent subject to a ceiling of a maximum of Rs. 20 crore.
  • In order to plug the knowledge gap, the third sub-scheme proposes to conduct a series of awareness programs, conduct sectoral studies and organize similar such programs to generate soft inputs for policy advocacy. 
Source- PIB 

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