- Key highlights
- Background: Erstwhile PTUAS is a component of Strengthening of Pharmaceutical Industry (SPI) Scheme.
- SPI Scheme aims to strengthen the existing infrastructure facilities to make India a global leader in the Pharma Sector.
- Aim:
- To support the pharmaceutical industry's up-gradation to the Revised Schedule-M & WHO-GMP standards.
- Schedule-M of the Drugs and Cosmetics Rule, 1945 provides good manufacturing practices (GMP) for pharmaceutical products.
- Enhancing the quality and safety of pharmaceutical products manufactured in India.
- To support the pharmaceutical industry's up-gradation to the Revised Schedule-M & WHO-GMP standards.
- Broadened Eligibility Criteria: Any pharmaceutical manufacturing unit that requires technology and quality upgradation and fulfils turnover criteria (refer to infographics).
- Preference remains for MSMEs.
- Earlier the scheme covered only MSME pharmaceuticals.
- Preference remains for MSMEs.
- Broadened eligible activities: Activities eligible for incentive include, water and steam utilities, testing laboratories, stability chambers waste management etc.
- Flexible Financing Options: Emphasizes on a reimbursement basis subsidy over a traditional credit-linked approach.
- Allows integration with state government scheme: This provision will enable units to benefit from additional top-up assistance.
- Enhanced Verification: Verification through a Project Management Agency for ensuring transparency, accountability and the efficient allocation of resources.
- Background: Erstwhile PTUAS is a component of Strengthening of Pharmaceutical Industry (SPI) Scheme.
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- 4. RPTUAS for Pharmaceutical Industry
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Department of Pharmaceuticals of Ministry of Chemicals and Fertilizers announces Revamped Pharmaceuticals Technology Upgradation Assistance Scheme (RPTUAS)
Posted 12 Mar 2024
Updated 27 Mar 2024
2 min read
- Tags :
- RPTUAS
- Revamped Pharmaceuticals Technology Upgradation Assistance Scheme
- Pharmaceutical Industry
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