CURRENT AFFAIRS

2020

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The scheme for Promotion of Bulk Drug Parks, which has been approved by the Government of India (GoI) on March, 2020 was launched to create how many bulk drug parks in India in 4 years?

A	2
B	6
C	4
D	3

Explanation:

Detailed explanation-1: -Three bulk drug parks are being set up in Gujarat, Andhra Pradesh and Himachal Pradesh in order to help supply raw material for pharmaceutical industries, Union Minister Mansukh Mandaviya said.

Detailed explanation-2: -About Scheme for “Promotion of Bulk Drug Parks” It is a key initiative to support the Bulk Drugs manufacturing in the country. It was notified in 2020 with a financial outlay of Rs 3, 000 crore. It provides financial assistance to three states for establishing Bulk Drug Parks .

Detailed explanation-3: -The Department of Pharmaceuticals has conveyed ‘in-principle’ approval to the proposals of the three States Viz, Himachal Pradesh, Gujarat and Andhra Pradesh under the Scheme for “Promotion of Bulk Drug Parks”, a key initiative to support the Bulk Drugs manufacturing in the country.

Detailed explanation-4: -Department of Pharmaceuticals approves the proposal of HP, Gujarat and AP for setting up Bulk Drug Parks. On September 1, 2022, the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers (MoC&F) granted in-principle approval to the proposals of three states viz.

There is 1 question to complete.