Government today assured the pharma industry of "every possible help" in resolving its issues related to exports and said efforts would be made to expedite work on different proposals to realise the full potential of the sector.
An assurance to this effect was given by Commerce Minister Nirmala Sitharaman at a meeting attended by representatives of Pharmaceutical Export Promotion Council of India (Pharmexcil) and officials from different ministries.
Observing that Indian pharma sector can help the global community in its fight against various life threatening diseases, Sitharaman assured the industry of government's help "in every possible manner in resolving various issues faced by the industry".
A 'think tank' consisting of senior pharma professionals, CEOs, government officials, scientists, researchers and pharmacists can provide an ideal forum to identify bottlenecks and resolve various issues for overcoming challenges and promoting hassle free exports, an official statement said.
Sitharaman also directed senior officials to speed up the work on various proposals so that full potential of Indian pharma sector can be realised, an official statement said.
In his presentation, Pharmexcil Senior Advisor Lanka Srinivas raised various issues relating to pharma exports including domestic and international barriers or constraints
The statement said that looking at the complexity of issues, need for convergence among policies and programme of different departments was felt.
Since the scientific breakthroughs in chemistry, biology, microbiology, physics and biotechnology impact development of this sector directly or indirectly, it was considered important to have a platform where all these developments are shared between academia, industry and scientific community for the larger benefit of the society.
