Business Today

THE SCHEMES

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PLI: Financial incentives will be given based on sales by selected manufactur­ers for 41 products

` 6,940 crore:

Financial outlay of the scheme

Fermentati­on-based products: 20 per cent incentive for FY24 to FY27, 15 per cent for FY28 and 5 per cent for FY29

Chemical synthesisb­ased products: 10 per cent incentive for FY23 to FY28

BULK DRUG PARK: Financial assistance for creation of common infrastruc­ture facilities in three bulk drug parks proposed

by states selected under the scheme. The tenure of the scheme is from FY21 to FY25 ` 3,000 crore:

Financial outlay of the scheme 1,000 crore: `

Maximum assistance under the scheme for one bulk drug park

Financial assistance to a bulk drug park to be 70 per cent of the project cost of common infrastruc­ture facilities

For N-E and hilly states (Himachal Pradesh, Uttarakhan­d, Union Territory of Jammu & Kashmir and Union Territory of Ladakh), it will be 90 per cent of the project cost

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