Home Business News Himachal Pradesh Receives First Installment Of Rs 225 Crore For Bulk Drug Park

Himachal Pradesh Receives First Installment Of Rs 225 Crore For Bulk Drug Park

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Himachal Pradesh Receives First Installment Of Rs 225 Crore For Bulk Drug Park

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The Himachal Pradesh authorities has acquired its first installment of grant-in-aid of Rs 225 crore for the event of frequent infrastructure services for a bulk drug park in Una district.

The grant-in-aid was given underneath pointers of the Promotion of Bulk Drug Park Scheme by the Division of Prescription drugs of the central authorities.

Chief Minister Sukhvinder Singh Sukhu mentioned the “bulk drug park is a undertaking of nationwide significance and essential for strengthening the state’s present pharma ecosystem”.

In an announcement issued on Saturday evening, he mentioned maintaining in thoughts the funding potential of round Rs 8000-10,000 crore and anticipated employment alternatives for greater than 15,000 individuals, the state authorities would guarantee well timed execution of the undertaking.

The federal government registered the State Implementing Company for the Himachal Pradesh Bulk Drug Park Infrastructure Ltd. with the Ministry of Company Affairs on February 15, Sukhu mentioned.

The chief minister mentioned the division has already accomplished the planning of exterior infrastructure for energy and highway with respective line departments.

The facility demand for this park has been estimated round 120 MW and two transmission traces from Una and Tahliwal have been deliberate to make sure steady energy provide, he mentioned.

Sukhu mentioned the federal government will represent a undertaking coordination committee for monitoring the progress of well timed execution of the majority drug park.



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