In November 2024, which ministry launched the “Scheme for Strengthening the Medical Device Industry”?
Show answer & explanation
Correct answer: C
Explanation
Ministry of Chemicals and Fertilizers -
In November 2024, the Union Minister of Chemicals and Fertilizers launched the "Scheme for Strengthening the Medical Devices Industry" to make India self-reliant in the medical devices sector.
Scheme Key Features -
The scheme is operated under the Department of Pharmaceuticals of India, which is part of the Ministry of Chemicals and Fertilizers.
Total Budget: An initial outlay of ₹500 crore has been allocated for this scheme.
Key Components -
Common Facility Centre: Establishment of shared testing and manufacturing facilities in medical device clusters.
Support to Marginalized Units: Assisting micro and small enterprises (MSMEs) with quality certification and technology improvement.
Skill Development: Developing expert human resources in this field.