On July 21, 2022, the union government launched new schemes to strengthen micro, small, and medium enterprises (MSMEs) in the pharmaceutical sector.
About the Schemes
PTUAS: The Pharmaceutical Technology Upgradation Assistance Scheme (PTUAS) would facilitate pharmaceutical MSMEs with proven track record to upgrade their technology.
Expected Impact: Addressing Demand: The scheme will address the rising demand in terms of support required to existing pharma clusters and MSMEs across the country.
National Startup Advisory Council (NSAC) It was constituted by the Department for Promotion of Industry and Internal Trade (DPIIT) to advise the government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities. |