New Student User- Use Code HELLO

Register Now

MoCF Minister Mansukh Mandaviya launches National Policy and PRIP Scheme

Published on September 28, 2023
Current Context: The National Policy and PRIP Scheme for Pharma-MedTech sector is a new initiative launched by the Ministry of Chemicals and Fertilizers and the Ministry of Health and Family Welfare on September 26, 2023.
MoCF Minister Mansukh Mandaviya launches National Policy and PRIP Scheme
  • The policy aims to promote research and innovation in the pharmaceutical and medical technology sector in India, and to make India a global leader in this field. The scheme has an outlay of Rs. 5,000 crore for a period of five years, and has two components:
  • Strengthening of research infrastructure through establishment of seven National Institutes of Pharmaceutical Education & Research (NIPERs) as Centres of Excellence (CoEs) in specific specialisations at a tentative cost of Rs. 700 crore.
  • The policy and scheme are expected to create a world-class research environment, foster industry-academia collaboration, focus on priority areas, accelerate the growth of the pharmaceutical sector, enhance. India’s share in the global value chain, and improve the quality, accessibility, and affordability of healthcare products and services.

Question:

Q.1 Which ministry launched the National Policy and PRIP Scheme for Pharma-MedTech sector?
a. Ministry of Science and Technology
b. Ministry of Chemicals and Fertilizers
c. Ministry of Health and Family Welfare
d. Both B and C
ebook store

About us

ramandeep singh

Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and 5000+ selections, Ramandeep understands the path to success, having transitioned himself from Dena Bank and SBI. He's passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu