Last Updated on October 6, 2024 by The Health Master
New Delhi: The Department of Pharmaceuticals (DoP) has extended the date of receipt of applications till March-end for the vacant slots under the Production-Linked Incentive (PLI) Scheme for the promotion of domestic manufacturing of bulk drugs, an official release said on Monday.
The government has launched the PLI scheme to encourgae domestic production of critical key starting materials (KSMs)/ drug intermediates and active pharmaceutical ingredients.
The DoP had issued notice on January 27 inviting applications for vacant slots (10 APIs) under PLI scheme for bulk drug with the last date of application as March 13, 2022
“Based on the representation received from the industries/associations, the DoP has decided to extend the timeline for filling of application up to March 31, 2022,” the Chemicals and Fertilisers ministry said in a statement.
The DoP is implementing three PLI schemes — PLI scheme for Bulk Drugs (Rs 6,940 crore), PLI scheme for Medical Devices (Rs 3,420 crore) and PLI scheme for Pharmaceuticals (Rs 15,000 crore) to promote the domestic manufacturing.
PLI Scheme for Bulk Drugs was approved by the Cabinet in 2020.
Under two rounds of inviting applications, a total 49 projects have been approved for 33 critical APIs with a committed investment of Rs 3,685 crore.
Orders to close these 5 Pharmaceutical units
USFDA inspections back in full swing for Pharma Companies
Drug recall: Macleods recalls products for these manufacturing issues
NITI Aayog to expand ‘Medicines from the Sky’ project
Make Pharma Companies liable for bribing doctors: PIL
USFDA issues 3 observations on Zydus manufacturing unit
Draft of Medical Devices Amendment Rule 2022: Pharmacy academic community raises…
WHO issues new guidelines on Abortion
USFDA gives nod to Strides Pharma for Colchicine tablets
Latest Notifications regarding Pharmaceuticals
For informative videos on the news regarding Pharma / Medical Devices / Cosmetics / Homoeopathy etc., click on the below YouTube icon:
For informative videos by The Health Master, click on the below YouTube icon:
For informative videos on Medical Store / Pharmacy, click on the below YouTube icon:
For informative videos on the news regarding Pharma / Medical Devices / Cosmetics / Homoeopathy etc., click on the below YouTube icon:
For informative videos on consumer awareness, click on the below YouTube icon:
