Business Daily from THE HINDU group of publications Thursday, Nov 06, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Industry & Economy
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Pharmaceuticals Rs 2,100 cr for setting up pharma institutes Our Bureau New Delhi, Nov. 5 In a bid to boost research and development in the pharma sector, the Government will provide Rs 2,100 crore for establishing six National Institutes of Pharmaceutical Education and Research (NIPERs) over the next five years. “The department has earmarked a budget of Rs 350 crore for each NIPER for the next five years, which would be spent on infrastructure, training, equipment, recruitment and working of the institutes,” the Department of Pharmaceutical Secretary, Mr Ashok Kumar, told newspersons here on Wednesday. The Government has approved setting up of six NIPERs at Ahmedabad (Gujarat), Hyderabad (Andhra Pradesh), Hajipur (Bihar), Kolkata (West Bengal), Rae Bareli (UP) and Guwahati (Assam). Each NIPER will also have a separate mentor institute for overseeing the functioning of the institute and primarily focus on diseases prevalent in their respective regions. More Stories on : Pharmaceuticals | Research & Development
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