Question

Recently the Central Government has given approval for creation of Bulk Drug Parks in which of the following places?

I- Himachal Pradesh

II- Gujarat

III- Andhra Pradesh

IV- Uttarakhand

A I & II Correct Answer Incorrect Answer
B II & III Correct Answer Incorrect Answer
C I & IV Correct Answer Incorrect Answer
D I, II, & III Correct Answer Incorrect Answer
E II, III & IV Correct Answer Incorrect Answer

Solution

The Department of Pharmaceuticals has conveyed ‘in-principle’ approval to the proposals of the three States Viz, Himachal Pradesh, Gujarat and Andhra Pradesh under the Scheme for “Promotion of Bulk Drug Parks”, a key initiative to support the Bulk Drugs manufacturing in the country.  The Scheme, with a financial outlay of Rs. 3,000 crores notified in 2020, provides for financial assistance to three States for establishing Bulk Drug Parks and aims to bring down the cost of manufacturing of bulk drugs by creation of world class common infrastructure facilities supported by the Central Governmentand thereby increase the competitiveness of the domestic bulk drug industry.

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