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English Release 24-July 2014
Date Month Year
  • President's Secretariat
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  • Indirect Tax Revenue (Provisional) Collections During April-June 2014 Increase from Rs 1,08,639 Crore to Rs.1,13,570 Crore Registering an Increase of 4.5 % over the Corresponding Period in last Financial Year
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Previous Date

 
Ministry of Chemicals and Fertilizers20-December, 2012 18:15 IST
Import of pharmaceutical ingredients

         

No Inter Ministers Committee was formed as per the recommendations of the 45th Report of Parliamentary Standing Committee on Health. However, a High Powered Inter-Ministerial Coordination Committee formed by the Department of Pharmaceuticals under the Chairmanship of Secretary (Pharmaceuticals) to look into the matters of implementation of Government commitment to provide quality medicines at affordable prices has finalized its recommendations. The various medicines have been referred to the concerned Ministries/ Departments/ Organisations for taking necessary action.

Ministry of Commerce & Industries has clarified that Indian pharmaceutical Industry has been importing Active Pharmaceutical Ingredients (APIs) and Intermediates from various countries, including China to meet the increasing demand. Details of imports of APIs and Intermediates by Indian pharmaceutical industry for the last 3 years are given below:

Values in US $mn

 

2009-10

2010-11

2011-12 (up to Feb 2012)

Total imports from Global

2406

2998

3069

Imports from China

1143

1881

1646

%age of China imports out of total imports

60%

64%

54%

 

Ministry of Micro, Small and Medium Enterprises (MSME) is supporting SME Units in Pharmaceutical Sector through various schemes – Credit Link Capital Subsidy Scheme (CLCSS) to provide incentive to Micro and Small Enterprises for technology up-gradation, Credit Guarantee Scheme, ISO-9000/ISO-14001/HACCP reimbursement scheme, Micro and Small Enterprises – Cluster Development Programme (MSE-CDP), Public Procurement Policy for Micro and Small Enterprises and National Manufacturing Competitive Programme (NMCP) to enhance their productivity and Competitiveness. In regard of Drug and Pharmaceuticals 294 units have availed Rs. 19.76 Crore subsidy since inception of the scheme.

This information was given by the Minister of State for Chemicals and Fertilisers, Shri Srikant Kumar Jena in a written reply in the Lok Sabha today.

****

NSK/DB

 


(Release ID :91069)

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