Consortium-Driven Innovation Model pioneered by IIT Madras enables immediate Commercialisation: MoS (See 'Corp Brief') NBA supports Conservation of Biological Resources (See 'Corp Brief') Cabinet approves Widening of National Highway-167 from Gudebellur to Mahabubnagar (See 'Corp Brief') Innovation and evidence are two pillars that will shape the next era of Unani medicine: MoS (See 'Corp Brief') A&C - Different interpretation of contract by in itself is no ground to interfere with arbitral award: SC (See 'Legal Desk') Cabinet approves upgradation of Dhamasiya-Bitada Sections of NH-56 to 4-Lane Standard (See 'Corp Brief') Govt launches 'PM RAHAT' - Cashless Treatment of Road Accident Victims (See 'Corp Brief') India achieves faster decline in under-5 Mortality Rate: Nadda (See 'Corp Brief') A&C - Non-issuance of a Sec 21 notice by one party is not fatal to raising claims before arbitral tribunal if disputes are otherwise covered by broadly worded arbitration clause: SC (See 'Legal Desk') Cabinet infuses Rs 10000 Crores for startups engaged in deep-tech, innovative manufacturing (See 'Corp Brief') Trade Marks - non-use of a mark filed on proposed-to-be-used basis is irrelevant for assessing registrability of the mark: HC (See 'Legal Desk') Minister proposes exploring solutions such as National Housing Exchange (See 'Corp Brief') IBC/RTI - appellant cannot seek disclosure of internal notings & replies under RTI Act when same issue has already been disposed of earlier: IBBI (See 'Legal Desk') In 2 yrs, India AI Mission has set up Foundation for Development of AI Ecosystem (See 'Corp Brief') A&C - Applications for extending arbitral tribunal's mandate u/s 29A(4) must be filed exclusively before principal civil court of original jurisdiction: SC (See 'Legal Desk') Govt approves wheat exports and allows additional wheat and sugar exports (See 'Corp Brief') A&C - Arbitral proceedings are set to commence on date of receipt of notice invoking arbitration clause: SC (See 'Legal Desk') Centre for Trade organises International Moot Court under WTO Chairs Program (See 'Corp Brief') A&C - Under pre-2015 amendment regime, once party consents to court order appointing arbitrator, they cannot subsequently challenge existence or validity of arbitration clause before arbitral tribunal: SC (See 'Legal Desk') The Securities Markets Code, 2025: Strengthened Enforcement, Weakened Accountability? (See 'CORP EINSICHT')

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.

TIOL CORP SEARCH

TIOL GROUP WEBSITES