August 30, 2023 8:08 AM

Govt to soon launch a new scheme for Promotion of Research & Innovation in Pharma-Med Sector with total outlay of 5,000 cr rupees

Union Minister for Chemicals and Fertilizers Dr Mansukh Mandaviya has said that the government will soon launch a new scheme for Promotion of Research and Innovation in Pharma- Med Sector- PRIP with a total outlay of five thousand crore rupees. Last month, the Union Cabinet had given its approval to this scheme for a period of five years form 2023-24 to 2027-28. He added that the objective of the PRIP Scheme is to transform Indian Pharma Med Tech sector from cost based competitiveness to inn...