10,000 Crore to Kickback the Manufacturing of Critical Drugs in Bulk

Local Pharma Companies Gets Rs 10,000 Cr.

Domestic companies investing in producing 53 crucial active pharmaceutical ingredients (APIs) will be getting an incentive of Rs 10 crore each from the government. India is the third-largest pharmaceutical industry country in the world but the domestic drug industry is dependent on imports from China. This production-linked incentive scheme of providing 10,000 crores is to…