Need of separate ministry of pharma and medical devices: Ananth Kumar

16 February 2018 | News

There is huge demand from the people that various other implants and devices should be under price control and the government is seriously considering it, Anant kumar added.

Union Chemicals and Fertilisers Minister Ananth Kumar announced that the government is looking to bring in a new pharma policy for implementing the proposed healthcare plan across the country in the upcoming months. 

After taking views and discussions new dimension has been added in this budget of universal healthcare that also has to be chosen into this pharma policy. 

While doing so, we will go for all-round reforms so that ease of doing business and ease of living can go hand in hand, he added. 

The big healthcare initiative announced in the budget for 2018-19 seeks to cover 10 crore households requires many verticals infrastructure, human resources along with pharma and medical device products. 

According to Mr. Kumar, to fulfill this huge demand have urged the participants of the conclave to ensure implementation of healthcare initiative through Make in India efforts.

The moto of the prime minister is to provide quality and affordable healthcare, he added.

Pharma and Medical Devices sector will be a major employment provider going forward.

"We have global presence and supply pharmaceutical to more than 215 countries and are the third biggest manufacturers.

Compared to global growth rate of 5 per cent we are growing at the rate of 15 per cent," Kumar said.

The minister pointed out the country needs a separate ministry of pharma and medical devices.

"I have been pursuing this. My ministry is pursuing this with the Prime Minister," Kumar said.

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