NICDC's Logistics Data Bank achieves milestone of tracking 75 mn containers (See 'Corp Brief') Patents Act - Absence from date of hearing of applicant is not valid ground to believe that Patent application has been abandoned even after filing of First Examination Report: HC (See 'Legal Desk') 13,822 Jan Aushadhi Kendras established across country (See 'Corp Brief') SEBI - Liability depends on role one plays in affairs of company and not on designation or status: SEBI (See 'Legal Desk') CCI approves acquisition of Bharat Serums by Mankind Pharma (See 'Corp Brief') Goyal discusses investment avenues with existing and potential US investors (See 'Corp Brief') Patent Act-Appellant not having been made aware of all grounds of objection and not being afforded sufficient opportunity to contest is violative of principles of natural justice: HC (See 'Legal Desk') Coal production grows by 5.85% in FY 2024-25 (See 'Corp Brief') FCI installs modern video surveillance system in depots (See 'Corp Brief') Foreign Exchange Regulation Act, 1973 -Retracted statement could be relied upon if there existsed corroborative evidence: TRIBUNAL (See 'Legal Desk') FCI transforms supply chain management system under Anna Darpan (See 'Corp Brief') CPC- Judgement of UK court was executable in India as it was covered under exceptions of Section 13 of CPC: HC (See 'Legal Desk') National Institute of Electronics & Information Technology organizes Job Fair 2024 (See 'Corp Brief') SCRA, 1956-non classification of correct shareholder pattern and filing wrong shareholding details leads to violation of provision of SCRA and LODR Regulations attracting monetary penalties: SEBI (See 'Legal Desk') NLC India steps into 10th Year of Renewable Energy Generation (See 'Corp Brief') SARFAESI Act - Issuance of writ in High Court is barred when borrower has simultaneous pending proceeding before DRT or DRAT: HC (See 'Legal Desk') SEBI ACT - Violations and failure to comply with regulatory requirements at time of resignation and appointment of auditors would attract monetary penalty: SEBI (See 'Legal Desk') Scindia inaugurates 5G Open RAN testing Lab at CDoT, Bangalore (See 'Corp Brief') SARFAESI Act- Powers exercisable by CMM under Section 14 are ministerial steps and does not involve any adjudicatory process: HC (See 'Legal Desk') SAIL conducted 52nd Annual General Meeting (See 'Corp Brief') FERA,1973- Connivance by one or more person in execution of illegal act in pursuance of conspiracy is criminal activity defining abetment: TRIBUNAL (See 'Legal Desk') Ministry of Labour, Amazon ink MoU for posting job vacancies & hiring (See 'Corp Brief') Trade Mark- Infringement of registered trademark is required to be considered by examining the overall commercial impression of two marks from standpoint of person of average intelligence and imperfect recollection: HC (See 'Legal Desk') BCCL's strategic moves boost Domestic Coking Coal Consumption (See 'Corp Brief') Constitution of India-Court acting under Article 226 doesnot have power to pass order without proper tangible material : HC (See 'Legal Desk') Make in India celebrates 10 Years (See 'Corp Brief') PMLA-Unaccounted money can at best be tax violation but not offence under Section 3 of PMLA and cannot be termed as POC in absence of any nexus with scheduled offence: HC (See 'Legal Desk')

13,822 Jan Aushadhi Kendras established across country

Published: Oct 04, 2024

By TIOLCorplaws News Service

NEW DELHI, OCT 04, 2024: UNDER the Pradhan Mantri Bhartiya Janaushadhi Pariyojana, as of September 30, 2024, a total of 13,822 Jan Aushadhi Kendras have been established across the country. Notably, in September 2024, these Kendras achieved record sales of Rs.200 Crores - the highest monthly sales in the history of the Pradhan Mantri Bhartiya Janaushadhi Pariyojana.

For comparison, in September 2023, sales were Rs.141 Crores, highlighting a significant 42% growth on year to year basis. This remarkable increase reflects the programs success in providing affordable and accessible healthcare solutions to the masses. Overall up to September 2024, there has been 31.20% of total annual growth as sales target of Rs. 913.30 Cr. has already been achieved. Almost 10 lakh people daily purchase medicines from Jan Aushadhi Kendras.

Under Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), in last 10 years, sale of medicines worth Rs. 6100 crores have been done through Kendras, which has led to estimated savings of Rs. 30,000 Crores for the citizens as compared to the branded medicines.

Under the PMBJP, a medicine is priced on the principle of a maximum of 50% of the average price of the top three branded medicines. The price of Jan Aushadhi Medicines, surgical devices and nutraceutical products are cheaper at least by 50% and in some cases, by 80% to 90% of the market price of branded medicines available in the market. PMBI has already been progressing at very fact pace towards achieving the target of 25000 Jan Aushadhi Kendras in India.

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