Study Material | Test Series
Drishti IAS
call1800-121-6260 / 011-47532596
Drishti The Vision Foundation
(A unit of VDK Eduventures Pvt. Ltd.)
Cluster Development Programme for Pharma Sector
Jun 24, 2015

The Ministry of Chemicals & Fertilizers has launched the Cluster Development Programme for Pharma Sector (CDS-PS).  The programme will provide support to the Pharmaceutical industry in becoming more capable, productive and competitive.

  • Cluster Development Programme will be the key step in ensuring health security of the country. 

  • By the end of this financial year, 6 Pharma Clusters are likely to come up of which 3 will be greenfields.  

  • These Clusters will ensure adequate testing, training and affluent treatment facilities for pharmaceuticals industry.  

  • The Indian Pharmaceutical industry is growing @ 14 to 15% per annum and is likely to touch the figure of 4 Lakh Crore by 2020.  The sector needs due attention so that the quality can be improved and cost brought down.
     
  • Some Clusters do exist already but not on scientific basis and this programme is meant to develop Clusters in a scientific manner.

  • The Clusters Development Programme for Pharma sector would be implemented on a Public Private Partnership (PPP) format through one time grant-in-aid to be released for creation of identified infrastructure and common facilities.  

  • The scheme is for setting up of new Clusters as well as upgradation of existing Clusters.  

  • Rs.125 Crores have been earmarked for the Central Sector Scheme for the 12th Five Year Plan. 

Likely Benefits of the Programme

♦ Increase the competitiveness, easy access to standard testing facilities and value addition in the domestic pharma industry especially to SMEs through creation of common world class facilities.

♦ Strengthening the existing infrastructure facilities in order to make Indian Pharma industry a global leader in pharma exports.

♦ Reducing the cost of production by up to 20% in the clusters leading to better availability and affordability medicines in domestic market.

♦ To help industry meet the requirements of standards environment at a reduced cost through innovative methods of common waste management.

♦ Exploit the benefits arising due to optimization of resources and economies of scale.


Helpline Number : 87501 87501
To Subscribe Newsletter and Get Updates.