Package for Pharmaceutical and Herbal Industries

5.4 Package for Pharmaceutical and Herbal Industries

5.4.1 Food and Drugs Control Administration would be decentralized, following which a fully empowered regional office shall be activated at Indore.

5.4.2 State Drug Advisory Committee shall be constituted for speedy disposal of problems of pharmaceutical industry. The State Government, Pharmaceutical Industries, Traders & representatives of medical profession shall be the members of this committee.

5.4.3 Fifty percent of the expenditure incurred on obtaining technical services for certification of Good Manufacturing Practices (GMP) from the World Health Organization would be reimbursed up to a maximum limit of Rs. one lakh.

5.4.4 Initiative would be taken to set up a regional office of Drug Controller General of India in the State.

5.4.6 Small pharmaceutical industrial units would be given priority in purchases, made under the Store Purchase Rules.

5.4.7 A Special Campaign would be launched for credit facilities and credit link capital subsidy scheme under modernization scheme of SIDBI for technological up-gradation and quality improvement in the state‘s pharmaceutical industries.

5.4.8 Special arrangements shall be made for speedy disposal of departmental formalities from the licensing authority and other departments for manufacturers of drugs & herbal products.

5.4.9 Pharmaceutical Industries shall be encouraged to participate in the International Trade Fairs.

5.4.10 The Government of India provides 50 percent grant to Pharma units on the registration fee charged in other countries, State units would be provided guidance for availing this facility.

5.4.11 Testing labs, one each at Sagar and Bhopal, would be established under the Central Government’s Scheme for herbal industries. The State Government shall provide its share upto a maximum of Rs.25 lakhs.

5.4.12 In order to promote the export, the small entrepreneurs of herbal industries shall be provided financial assistance to take part in international trade fair and exhibition in the forthcoming three years. Annual budget provision of Rs. 50 lacs would be made for the purpose.

5.4.13 In order to encourage the export of state herbal products, an additional 25 percent reimbursement shall be made by State Government apart from the reimbursement available from Government of India, on registration fee charged by other countries. Initially this scheme will be operational in coming three years and anticipated expenditure will be Rs.25 lakhs per annum.

5.4.15 With a view to build up outstanding integrated infrastructure at those places that offer good prospects for Herbal and Ayurvedic products based industries, Herbal parks and demonstration centres would also be developed.

5.4.16 Workshops shall be organized at two places in the state every year to explore the possibilities of setting up Herbal and Ayurvedic product industries based in the state.

5.4.17 In order to promote the export of medicinal plants and herbs, an M.O.U will be signed between M.P Laghu Vanopaj Sangh and Madhya Pradesh Trade and Investment Facilitation Corporation Ltd.

5.4.18 Generally the scope of Herbal & Ayurvedic industries is in advance districts like Bhopal, Indore etc. Herbal & Ayurvedic industries set up in all such advance districts shall be provided State Investment Subsidy, Industrial Investment promotion assistance like Backward ‘A’ category districts.

5.4.19 The Industrial Investment Promotion Assistance shall be provided to Herbal and Ayurvedic product based industries even if their capital investment is less than Rs.10 crore but exceeds Rs.1 crore.

5.4.20 Labour laws provisions declared by the State Government for SEZ vide notification No. F-28-38-01-16B(1) B(II) B(III) B (IV) B(V) dated 19.05.2003, shall also be applicable to established/ to be developed herbal parks and herbal/Ayurvedic product based industries in the State.

5.4.21 Herbal and ayurvedic based Industries would be exempted from payment of stamp duty and panchayat fee charged for, change of name of firms, inclusion of partners, collaboration, re-constitution, amendments in the lease-deeds and for loan agreements made with financial institutions, for three years.