New Delhi, July 24 (IANS) The Centre has released Rs 266.64 crore as incentives under the Production Linked Incentive (PLI) Scheme for Medical Devices up to FY 2024-25, while Rs 209.80 crore has been disbursed under the Medical Device Parks Scheme, Union Minister for Chemicals and Fertilisers JP Nadda informed the Lok Sabha on Friday.In a written reply, Nadda said that of the Rs 209.80 crore released for medical device parks, Rs 177.98 crore has already been utilised.Under the Scheme for Strengt…
Latest Marginal Investment Scheme News & Updates
New Delhi, June 29 (IANS) The Department of Pharmaceuticals has invited applications under the Scheme for Strengthening of Medical Device Industry (SMDI) to promote domestic manufacturing, reduce import dependence, support innovation and increase the depth of value chains in the medical devices sector, an official statement said on Monday.The statement from the Ministry of Chemicals and Fertilizers said applications are open under two sub‑schemes — the Marginal Investment Scheme for Reducing …