Scheme for Strengthening of Pharmaceutical Industry

On 11th March, 2022, Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, released the guidelines for the scheme “Strengthening of Pharmaceutical Industry (SPI)".

Aim

  • To strengthen the existing infrastructure facilities in the Pharma Sector.

Salient Features

  • Under the Scheme, financial assistance to pharma clusters will be provided for creation of Common Facilities. This will not only improve the quality but also ensure the sustainable growth of clusters.
  • Further, in order to upgrade the production facilities of SMEs and MSMEs so as to meet national and international regulatory standards (WHO-GMP or Schedule-M), interest subvention or capital subsidy on their capital loans will ....
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