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Follow on Google News | Pharma SSIs Seek PM and Sonia’s Intervention on CDA BillSmall scale industries (SSIs) in the Indian pharmaceutical sector have urged Prime Minister, Dr Manmohan Singh and UPA Chairperson, Sonia Gandhi to stop the proposed Central Drug Authority (CDA) bill from being tabled in the Parliament.
By: Saurabh Garg Concerned over the promptness with which the CDA bill is being amended to be introduced in the approaching session of the Parliament, the SME Pharma Industries Confederation (SPIC) has written a letter to the PM and the UPA chief, seeking their intervention on the issue. The confederation, representing small pharma units, points out that preventing this bill from being placed in the Parliament would help save around 5000 SSIs from closing down. Small drug units produce nearly 40% of the total Rs 70,000 crore worth of medicines in the country and provide direct employment to a large number of people in the country. Small pharma units fear that if the CDA bill is passed in the Parliament without incorporating the recommendations of the Amar Singh panel, their competitiveness would suffer. For more information visit: http://www.bizxchange.in/ Saurabh Garg 2nd floor, Response Times of India Bldg. Dr.D.N. Road, Fort Mumbai-400001 # # # Bizxchange provides a platform that will serve it?s members in three distinct ways: * Access to host of suppliers for buyers seeking to source products or services. Likewise allows suppliers promote their business products to prospective clients and thereby increase sales. * Knowledge empowerment ?highly relevant and crucial information concerning their business, industry and economy. * Business utilities like recruitment, consulting, CRM, website creation & hosting, calculators etc. * Networking and community building so as to foster business relations. End
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