News Brief
NITI Aayog Member VK Saraswat Bats For An Independent Ministry For Pharmaceutical Sector
Former DRDO Chief and present NITI Aayog member V K Saraswat. (Wikimedia Commons)
In a bid to expand and consolidate the efforts for the growth and development of India's booming pharmaceutical sector, NITI Aayog's member VK Saraswat has called for the creation of a dedicated and independent ministry, reports Economic Times.
“There is a need for creating an independent ministry for pharmaceuticals. Time has come to expand and consolidate efforts in the pharma sector,” Saraswat said on Monday.
Speaking at the Global Bio-India 2021 event, jointly organised by the Confederation of Indian Industry, Association of Biotechnology Led Enterprises and Invest India, Saraswat pushed that as India gears up to lead the world, there is a need for more viral institutes in the country, simplification of the regulatory system and upskilling India’s existing workforce to make a readily available talent pool for the sector.
Saraswat emphasised that India needs a targeted regulatory regime, investor-friendly environment, innovative model of land acquisition, expansion of India’s skilled workforce and upskilling the existing workforce.
Saraswat also pressed on the need for India to achieve self-reliance in the production of active pharmaceutical ingredients (APIs) and spoke in the favour of restarting the old API manufacturing units in the nation.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
