Centre Grants Rs 1,000 Crore To Andhra Pradesh For Setting Up Drug Park
NDTV
Andhra Pradesh is the only state from south India to bag the grant-in-aid for the Bulk Drug Park.
The Government of India has given in-principle approval to Andhra Pradesh for setting up a Bulk Drug Park (BDP), with a grant-in-aid of Rs 1,000 crore, under the Promotion of Bulk Drug Parks scheme of the Department of Pharmaceuticals.
N Yuvaraj, Joint Secretary in the Union Department of Pharmaceuticals, has communicated this to the State government on Tuesday, asking it to convey its approval within seven days and, further, submit a Detailed Project Report within 90 days.
The Central grant is for creation of common infrastructure facilities in the BDP at the proposed location in Thondangi mandal in the East Godavari district.
Andhra Pradesh is the only state from south India to bag the grant-in-aid for the BDP.
