The Union Cabinet today decided to withdraw the Drugs and Cosmetics (Amendment) Bill, 2013, which had been introduced in the Rajya Sabha. A Standing Committee of Parliament had made a number of recommendations for changing the provisions of the Bill.
The regulatory framework for ensuring quality, safety and efficacy of medical products including medicines, medical devices, in-vitro medical devices, stem cells, regenerative medicines, clinical trials was provided for in the Drugs and Cosmetics Act, 1940.
Keeping in view the objective of 'make in India', it has now been decided to comprehensively review the existing law with two objectives - to facilitate the ease of doing business and substantially enhance the quality and efficacy of our products, it said.
Also Read
Out of the total production, more than 55 per cent is
exported to over 200 countries, including the developed ones, helping them manage their public health care system at substantially lower costs.
"It, besides meeting the domestic demand, has the potential to become an international hub for manufacturing these products and attracting investment in the sector," the statement added.
The 2013 Bill had provisions for setting up of a Central Drugs Authority as an overarching body for regulation of drugs and cosmetics and sought to bring 17 critical drugs under central licencing.
The Ministry had put up the draft guidelines of the Drug and Cosmetics (Amendment) Bill, 2015 in the public domain in January this year inviting views on the legislation. According to reports, the Bill was expected to be placed before Parliament for passage during the Budget session.