Pharma secretary announces scheme to boost bulk drug R&D and capacity

The Business Standard article reports that the pharmaceutical secretary announced a new scheme. The scheme aims to develop research and development capabilities for bulk drugs. It also seeks to increase production capacity in the sector. The announcement was made by the pharma secretary as part of broader policy efforts. Officials view the initiative as a step toward strengthening domestic drug manufacturing. The plan could reduce reliance on imported pharmaceuticals. Authorities expect the scheme to attract investment and expertise. Further details of the program are slated to be released soon.