Facts for Prelims (FFP) Source: Economic Times Context: The Union Minister of Chemicals and Fertilizers and Minister of Health & Family Welfare in India, has launched a significant initiative known as the National Policy on Research and Development and Innovation in the Pharma-MedTech Sector. This policy aims to transform India’s pharmaceutical and medical technology …
Topic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. 6. India is a significant player in the global medicines industry. In addition, the country holds a large number of scientists and engineers that can propel the sector forward to even greater heights. Analyse. (250 words) Difficulty level: …
Topic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. 5. India enjoys an important position in the global pharmaceuticals sector. Analyse the strength and weaknesses of India in this sector. Suggest steps to overcome the weaknesses. (250 words) Difficulty level: Moderate Reference: Financial Express , moneycontrol.com Why the …
Topic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. 5. Although the Indian pharmaceutical industry has emerged as the third global producer in the generic medicine manufacturing, many regulations are still archaic. Elaborate on the reforms needed in the pharmaceutical industry to meet the present-day needs. (250 …
